68 Penny Lane, Rideau Lakes, ON

$779,900
MLS#:X12198782
3 beds
2 baths
1100-1500 sqft
20.0 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 board & batten and wood construction, this residence presents an exceptional opportunity offered at $779,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 735 x 488 ft lot
  • Features a ["separate entrance", "partial basement"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 20.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Air Exchanger, Primary Bedroom - Main Floor, Sump Pump
  • equipped with ["central air"] central cooling and highly efficient heat pump heating via electric

Peaceful serenity, overlooking Moore's Bay on Upper Rideau Lake. Here, you have private park-like 12 acres with attractive 2002 bungalow and detached garage-workshop that has 100 amp service. Surrounded by zen gardens and green meadow, the three bedroom, two full bath home has delightful covered verandah for sitting on summer days to enjoy the stillness of nature, interrupted by bird song. Welcoming front foyer includes smartly designed entry door to the home's light-filled open floor plan. Spacious comfortable living and dining rooms with oversized windows to bring the outdoors inside. Sparkling white efficiently-designed kitchen offers wrap around cabinetry with plenty of space for meal prep and also lots of storage cupboards. Wonderful three-season sunroom features cascading wrap-about windows and forever views of the green forest and meadow. The primary suite includes relaxing sitting area overlooking woodlands; amazing walk-in closet with window and floor-to-ceiling organization cabinets; plus a 3-pc ensuite. Two more good-sized bedrooms, three-piece bathroom with large shower and storage room with built-in shelving. Basement utility and storage rooms have door to outside. Energy-efficient new 2023 heat pump for heating and cooling. Propane 2015 furnace forced air heating, for backup if needed. Outside, you have charming Bunkie, or possible art studio, with huge window offering bird's eye views of the lake. Fabulous trails for hiking and exploring nature. Waterfront is rocky and steep with no current access to the shoreline. Nine residents along private Penny Lane share fee for maintaining and snow plowing; fee $700/2024-2025 and varies yearly depending on snow fall. Hi-speed and cell service. 10 mins to Westport or Portland. 30 mins to Perth or Smiths Falls. 50 mins to Kingston and 1 hr to Kanata.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 15, 2025
Sold price information is available to members only
Listed Date6/5/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBoard & Batten , Wood
Lot Size735 × 488 Feet
CountyLeeds and Grenville
Annual Tax$4,317
Legal DescriptionPT LT 3 CON 2 NORTH CROSBY PT 1, 2, 3 28R11334; S/T LR248769; RIDEAU LAKES

Parking & Garage

Parking Spaces20.0
Garage Spaces10
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
Cooling["Central Air"]

Features

Property Features

Lake/Pond, Part Cleared, Wooded/Treed, Waterfront, Rolling

Community Features

Location

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68 Penny Lane, Rideau Lakes, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 68 Penny Lane, Rideau Lakes, ON K0G 1V0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$623,920
Monthly Mortgage$3,625
Property Tax (Est.)$360
Utilities & Maint.$350
Total Monthly Cost$4,335

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Rideau Lakes.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 816 Rideau Lakes North Crosby Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.