$479,000
Est. payment $2,121/moCalculate yours
24 Perth Street, Rideau Lakes, ON K0G 1V0
818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, ON K0G 1V0
- 5 Beds
- 3 Baths
- 2,000 Sq Ft
Listing courtesy of ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE MLS® X13609112
About this home
Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. 2 units rented and one under renovation due to be completed in September makes it the perfect opportunity for an owner occupied investment property. One bedroom main floor unit, the next main floor unit has 2 bedrooms above and was updated throughout, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake. All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. All windows have been updated over time. Added attic insulation +/- 2019. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, newer library and community hall and a public beach with boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Buyer must assume the existing tenants in the 2 units.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 100+
- Size
- 2,000 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished, Exposed Rock
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Brick
- Foundation
- Concrete, Stone
- Roof
- Asphalt Shingle, Flat, Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 59.9 x 123.02 Feet
- Parking
- None garage · 3 total
Financial
- Property Taxes
- $2,335 (2026)
Location
- Neighbourhood
- 818 - Rideau Lakes (Bastard) Twp
- Cross Street
- Main Street and Campbell Street
- Direction Faces
- West
Listing
- MLS® Number
- X13609112
- Days on Market
- 83
- Listed On
- 2026-07-27
- Possession
- Flexible
- Listed By
- ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Rooms
Features
Interior
- Separate Heating Controls
- Separate Hydro Meter
- Water Heater Owned
- Water Softener
Property
- Lake Access
- Library
- Marina
- Park
- Rec./Commun.Centre
- School Bus Route
Pool
- None
- Included
- 3 Fridges, 3 Stoves, 3 Washers, 3 Dryers, Small Shed
- Excluded
- Tenant Possessions, Large Shed
- Rental items
- Propane Tanks
Mortgage calculator
Estimated mortgage payment
$2,121 per month
- Principal and interest
- $2,121
- Property tax
- $195
- Condo fees
- $0
- Estimated monthly cost
- $2,315
Your mortgage
- Mortgage amount
- $383,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $253,073
Cash to close
- Down payment
- $95,800
- Land transfer tax
- $6,055
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $101,855
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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