Overview

This 2-bedroom, 1-bathroom cottage in Rideau Lakes is for sale offering roughly 1,900 sq ft of space. Listed at $48,900, it is attractively priced about 13% below the $55,900 median asking price in Rideau Lakes. It has been on the market 22 days, fresher than the Rideau Lakes average of 132 days.

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Description

Enjoy effortless resort living at Wolfe Springs Resort in Westport, Ontario, with the opportunity to purchase a share in one of the inviting one-storey Hillcrest Villas, Villa 12. Designed for comfort and convenience, these beautifully appointed villas offer an ideal retreat surrounded by the natural beauty of the Rideau Lakes region. The single-level layout provides easy, accessible living, while the thoughtfully designed interiors create a comfortable setting for relaxing and entertaining. Owners can enjoy a turnkey four-season getaway along with access to the resort's exceptional amenities and recreational opportunities. Whether you're seeking a peaceful escape, a place to gather with family and friends, or a shared vacation lifestyle, a Hillcrest Villa offers an outstanding opportunity to enjoy the best of Wolfe Springs Resort. Owners have 5 weeks of stays available throughout the year, with this share having its fixed summer week in the last week of July. (id:66096)

Property Details

MLS®: X14007178
Property Type: Recreational
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 2
Interior Size: 1,900 ft²
Basement: Unfinished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: No Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Timeshare/Fractional
Listed: 22 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

22d

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 22 days, which is 110 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 $48,900, about 0.5× the local median household income of $94,000.

Carrying it typically needs a household income of about $9,552 (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)

$48,900· $26/ft²

For sale

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#12-6 532 10th Concession Road, Rideau Lakes - Recreational for Sale