50 OSPREY Lane, Rideau Lakes, ON

$749,900
MLS#:X10434093
4 beds
2 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of 816 - Rideau Lakes (North Crosby) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $749,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-1100 sqft on a premium 106 x 100 ft lot
  • Features a ["walk-out", "finished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

This fully furnished, turn-key 4-bedroom, 2-bathroom bungalow offers both modern comforts and natural serenity, making it an ideal choice as a vacation retreat or investment property. Perched on a level lot with direct access to the Rideau System, this property provides the perfect setting for quiet lakeside swimming and water sports. Inside, the open-concept design, accentuated by walls of windows, bathes the space in natural light and offers stunning views of the water and Foley Mountain. This bungalow was built for year-round comfort and convenience, with full winterization, spray foam insulation, a propane fireplace, and an energy-efficient mini-split heating/cooling system. Recent upgrades include a complete basement renovation, a brand-new roof (October 2024), and a tankless water heater for endless hot showers. The walk-out lower level expands your living space, making it ideal for hosting larger groups or enjoying a private retreat. With six dedicated sleeping areas, the setup is perfect for family gatherings or group getaways. Equipped with high-speed 1 Gbps Fibre internet, this home is ready for remote work and is just minutes away from Westports quaint shops, restaurants, and year-round recreational activities. Everything you need for a seamless Airbnb experience is included, from dishes and bedding to games, BBQ, outdoor daybed, hammocks, a fire pit, Adirondack chairs, a paddle boat, kayaks, a canoe, floaties, and all furniture. The property currently rents for approximately $3,000 per week in the summer, presenting an excellent investment opportunity. Turn the key, and you're all set to start making memories by the lake. Call today to make this waterfront oasis yours!

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 3, 2024
Sold price information is available to members only
Listed Date11/21/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size106 × 100 Feet
CountyLeeds and Grenville
Annual Tax$3,516.1
Legal DescriptionPT LT 10 CON 6 NORTH CROSBY PT 1 28R11407; T/W LR320375 EXCEPT THE EASEMENT THEREIN RE: PT 1 28R8499 & PT 5 28R3757; RIDEAU LAKES

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["Other"]

Features

Property Features

Golf

Community Features

Location

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50 OSPREY Lane, Rideau Lakes, ON
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Property History

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This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 50 OSPREY Lane, Rideau Lakes, ON K0G 1X0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Properties in this area are selling at a steady pace.

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.
Financial Audit

Estimated Costs

Loan Amount$599,920
Monthly Mortgage$3,486
Property Tax (Est.)$293
Utilities & Maint.$350
Total Monthly Cost$4,129

Strategic Fiscal Clarity

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