19 QUEEN STREET, Rideau Lakes

$89,000

For sale: Detached

Detached at 19 QUEEN STREET, Rideau Lakes
Property type
Rural Residential
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
1,100 sqft
MLS®
MLS® X13702826
Neighbourhood
817 - Rideau Lakes (South Crosby) Twp

Visit the REALTOR website for further information about this Listing. 19 Queen Street - Redevelopment Opportunity Looking for a head start on your dream home or next building project? This approximately 0.21-acre village property offers significant planning and design work already completed, including plans for an approximately 1,390 sq. ft. 2-bedroom, 2-bath home, and an engineered septic design. The property also has an existing well and hydro/service connection. Note that the measurements in this listing are for the existing dwelling not for the home plan. Located in the welcoming community of Morton (Lyndhurst) in the Township of Rideau Lakes, the property offers the charm of a historic village setting with convenient access to Gananoque, Kingston, Smiths Falls and Ottawa, as well as nearby boating, paddling, fishing and hiking opportunities. The property is being sold "as is, where is." The existing dwelling requires extensive work and, given its condition, demolition and redevelopment should be seriously considered. A professional home inspection has identified a number of items requiring repair and/or further evaluation. The property is being marketed primarily for its redevelopment potential; however, buyers interested in retaining and renovating the existing structure should undertake their own professional assessment to determine whether renovation is feasible and appropriate. A detailed Property Information Package containing property information, home plans, septic design and supporting planning documentation is available upon request. Buyers should satisfy themselves regarding the condition of the existing structure and all applicable redevelopment, renovation, permitting and occupancy requirements with the Township of Rideau Lakes.

Sold data

Detached homes in Rideau Lakes — recent sold market

Detached homes in Rideau Lakes took a median of 40 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 69, across 65 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 52 days.

The median sale price was $489,000.

Homes sold for about 3.5% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 25% of sellers reduced their price before finding a buyer.

Median days to sell
40
Median sale price
$489,000
Sale-to-list ratio
96.5%
Sold above asking
8%

Based on 65 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Currently for sale

Homes for sale near 19 QUEEN STREET