1903 HIGHWAY 15, Rideau Lakes

$869,000

For sale: Detached

Detached at 1903 HIGHWAY 15, Rideau Lakes
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
1,500 sqft
MLS®
MLS® X12951850
Neighbourhood
817 - Rideau Lakes (South Crosby) Twp

This 5 bedroom Century stone farmhouse sits just south of the village of Elgin on Highway 15. With approximately 140 acres (80 acres tillable) and several large outbuildings there is ample room to grow your own food and livestock. The outbuildings offer plenty of storage for all your toys and may create an income opportunity. The home has had an abundance of upgrades in recent years -steel roof (2022), 2 new furnaces (2022), electrical (2022), some plumbing (2022), basement spray foamed (2022), new windows (2022), new siding and exterior insulation (2022) and a new septic system in (2024). The home with all its upgrades now includes an in-law suite with 2 bedrooms and 1 bath. The main (stone) part has 3 bedrooms, 1 & 1/2 baths and a den (currently a bedroom). If you are seeking reprieve from the high costs at the grocery store and want to experience the benefits of growing your own food then call to view this property.

Sold data

Detached homes in Rideau Lakes — recent sold market

Detached homes in Rideau Lakes took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 14 days and the slowest quarter taking more than 56, across 53 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 49 days.

The median sale price was $469,000.

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 28% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$469,000
Sale-to-list ratio
96.5%
Sold above asking
8%

Based on 53 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 1903 HIGHWAY 15