Overview

This 2-bedroom, 2-bathroom cottage in Rideau Lakes is for sale offering roughly 1,900 sq ft of space. Listed at $49,000, it is attractively priced about 12% below the $55,900 median asking price in Rideau Lakes. It has been on the market 48 days, fresher than the Rideau Lakes average of 132 days.

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Description

Experience the best of resort-style living at Wolfe Springs Resort in Westport, Ontario, with the opportunity to purchase a share in one of the beautifully appointed Fairway Villas. Set amidst the natural beauty of the Rideau Lakes region, this unique ownership opportunity offers a relaxed and luxurious retreat with access to exceptional resort amenities, recreational activities, and the surrounding charm of Westport. Enjoy a turnkey getaway designed for effortless four-season living, with the Fairway Villas offering comfortable accommodations and a picturesque setting overlooking the resort's lush grounds and Evergreen Golf Course's fairways. Whether you're looking for a private escape, a place to entertain family and friends, or an investment in a shared vacation lifestyle, ownership at Wolfe Springs provides an exceptional opportunity to enjoy all that this sought-after destination has to offer. Owners have 5 weeks of stays available throughout the year, with a fixed week in the summer. (id:66096)

Property Details

MLS®: X13796788
Property Type: Recreational
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 1,900 ft²
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Timeshare/Fractional
Listed: 48 days ago

Features

Appliances: Water Treatment, Water Heater
Exterior: Wood, Stone
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Rideau Lakes listings, avg age

132d

Price / ft²

$26

List price

$49K

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 recreational in Rideau Lakes has been listed for 48 days, which is 84 days fresher than the city average of 132. Act while there is still low competition.

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Area context

Neighbourhood profile (K0G)

This home lists at $49,000, about 0.5× the local median household income of $94,000.

Carrying it typically needs a household income of about $9,571 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $94,000
Population: 39,862
Median age: 50.4
Owner / renter: 88% / 12%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0G)

$49,000· $26/ft²

For sale

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#10-3 532 10th Concession Road, Rideau Lakes - Recreational for Sale