8 Main Street, Rideau Lakes, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of 817 - Rideau Lakes (South Crosby) Twp. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $224,900 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.
- 0 Bedrooms and 1 Bathroom
- Premium 51 x 37 ft lot size
- equipped with yes central cooling and highly efficient baseboard heating
Description
Old Village Post Office. Was used as real estate office. Has been partially renovated and fully re-insulated ( very easy to heat & cool), also new steel roof. There is currently one large office one smaller front office room and one side room with a adjacent 2 pc bath(with plenty of room to make it a 4 pc). Commercial zoning also allows for Residential use in the Village. Currently partly being rented to a naturopathic specialist. Current septic is a holding tank with deeded right of way to land for use of a septic system. Can be converted to suit ones needs. Heating can be easily converted to heat pump as ductwork is in place. There is some ceramic tile that can be included with the sale if new Buyer wishes. Room Sizes Larger Office 14' x 12'.5" Smaller Office 11'2" x 11' Side Room Part One= 13'4" x 9'1" Part Two= 12' x 7'7" Bathroom 6'4" x 5'5" Basement can be used for storage or finished with a less than 8' ceiling. Schedule B Must be included with all offers.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 8 Main Street N, Rideau Lakes, ON K0G 1E0
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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 $224,900 in Rideau Lakes, the legal minimum down payment is $11,245 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 $1,974 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 $1,974.
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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.
