51A THOMPSON Lane, Rideau Lakes, ON

$199,000
MLS#:X12941244
1 beds
0 baths
< 700 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 Storey/Apt detached located in the coveted neighborhood of 826 - Rideau Lakes (Newboro) Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $199,000 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 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 106 x 149 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: Ventilation System
  • Efficient baseboard heating via electric

Description

Nestled in the heart of Newboro, this charming cottage offers the perfect blend of cozy comfort and village charm. Ideal as a peaceful getaway or a low-maintenance retreat, this thoughtfully designed space makes the most of every square foot. Step inside to find an open-concept living area filled with natural light, creating a warm and inviting atmosphere. The cottage features a functional layout with a comfortable sleeping area, efficient kitchen space, and a relaxing spot to unwind after a day of exploring. Located in one of Ontario's most picturesque waterfront communities, you're just moments from the Rideau Canal system, local shops in Westport, dining, and scenic walking trails. Whether you're looking for a weekend escape, a seasonal retreat, or a unique investment opportunity, this quaint cottage captures the essence of small-town living. Spend your days kayaking, boating, or discovering local shops and cafés, then return to your private retreat to relax under the stars. Whether you're planning a romantic escape, a solo recharge, or a quiet weekend away, this charming cottage offers the perfect blend of simplicity, comfort, and location. Enjoy simple living in a beautiful setting-where life slows down and every day feels like a getaway.

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Key Features

Bedrooms
1
0
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date3/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 Storey/Apt
ConstructionWood
BasementNone
Lot Size106 × 149 Feet
CountyLeeds and Grenville
Annual Tax$512
Legal DescriptionPT ORDNANCE LAND PL 72 AKA LT 26, 27 CON 5 SOUTH CROSBY AS IN LR281645; EXCEPT THE EASEMENT THEREIN; RIDEAU LAKES

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Interior Features

Ventilation System

Security Features

None

Community Features

Location

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51A THOMPSON 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 51A THOMPSON Lane, Rideau Lakes, ON K0G 1P0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.

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Interest Rate5.25%
Down Payment$9,950 (5.0%)
* Minimum Canadian down payment required for this price is $9,950.
Amortization Period25 Years
Estimated Monthly Payment$1,127Based on a loan of $189,050 over 25 years.
Purchase Price$199,000
Loan Amount$189,050
Provincial Land Transfer Tax:$1,715
Total Estimated Closing Taxes:$1,715

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $199,000 in Rideau Lakes, the legal minimum down payment is $9,950 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 $1,715 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 $1,715.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$634,313

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.