20 R1 Road, Rideau Lakes, ON
This listing is no longer active (Sold)
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 820 - Rideau Lakes (South Elmsley) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $474,900 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.
- 1 Bedroom and 1 Bathroom
- Premium 99.95 x 169.79 ft lot size
- Features a none, none basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater Owned
- Efficient baseboard heating via electric
Description
**Charming 3-Season Cottage on Lower Rideau Lake** Escape to this idyllic 3-season, 1-bedroom, 1-bathroom cottage nestled on the tranquil shores of Lower Rideau Lake. With direct access to the historic Rideau Canal system, this private retreat offers unparalleled waterfront living, surrounded by the natural beauty of towering trees & spectacular water views. Perfect for nature lovers and water enthusiasts alike, this cottage comes with a large sleeping cabin for guests, shed & detached garage designed to store your boats & water toys, making your lakeside adventures a breeze. Whether you’re fishing, boating, or simply enjoying the serene environment, you’ll have everything you need to create lasting memories. Located just a 5-minute drive from the growing town of Smiths Falls, you'll have the convenience of nearby amenities while still enjoying the peace and quiet of your own private oasis. Own a slice of paradise. 24 hr irrevocable on all offers.Estate conditions prevail.Sold "as is"., Flooring: Linoleum, Flooring: Carpet Wall To Wall, Flooring: Other (See Remarks)
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Water Heater Owned
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 20 R1 Road, Rideau Lakes, ON K7A 5B8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Rideau Lakes, ON
For a property listed at $474,900 in Rideau Lakes, the legal minimum down payment is $23,745 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $5,973 for this transaction. As this listing is in Rideau Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,973.
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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.
