$255,000

For sale

Kavanagh Drive South, Rideau Lakes - Single Family for Sale

Kavanagh Drive South, Rideau Lakes, Ontario, K7A4S5

2 beds1 bath2 parking900 ft²Listed 21 days ago

Overview

This 2-bedroom, 1-bathroom home in Rideau Lakes is for sale offering roughly 900 sq ft of space. It has been on the market 21 days, fresher than the Rideau Lakes average of 129 days.

Houses for Sale in Rideau Lakes →All real estate in Rideau Lakes →

Description

Beautifully renovated inside and out over the past two years, this home offers comfortable, worry-free living with quality updates throughout. Move in and enjoy a fresh new kitchen, updated bathroom, new appliances, improved insulation and a durable metal roof. The spacious open-concept kitchen, dining and living area offers more room than you might expect. The tastefully updated bathroom features a walk-in shower, and quality materials and finishes can be appreciated throughout the home. Outside, a utility shed with hydro and lighting provides additional storage and workspace. Located in Otterdale Estates Mobile Park, a well-maintained and professionally managed community just minutes from Smiths Falls and its many amenities, this home is an excellent opportunity to enjoy easy, comfortable living in a convenient location! (id:66096)

Property Details

MLS®: X14034292
Property Type: Single Family
Zoning: Residential Mobile Home Park
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Storeys: 1
Style: Bungalow
Basement: None
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Ownership: Leasehold
Listed: 21 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan
Exterior: Wood
Lot Features: Flat site

Services

Sewer: Septic System
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Rideau Lakes listings, avg age

129d

Price / ft²

$283

List price

$255K

Homes here sell below asking price

Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Rideau Lakes has been listed for 21 days, which is 108 days fresher than the city average of 129. Act while there is still low competition.

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Listed by ROYAL LEPAGE ADVANTAGE REAL ESTATE LTD · Angel Wilkes

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K7A)

This home lists at $255,000, about 3.4× the local median household income of $74,500.

Carrying it typically needs a household income of about $49,810 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $74,500
Population: 17,575
Median age: 46.8
Owner / renter: 72% / 28%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K7A)

$255,000· $283/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,750

Min 5%50%

Mortgage payment$1,343/mo

↳ CMHC premium ($9,690 capitalized)

Est. property tax$0/mo

Total monthly$1,343

Cash Needed to Close

Down payment (5%)$12,750

Land transfer tax$2,300

Est. closing costs$3,265

Total cash needed$18,315

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