24 PERTH STREET, Rideau Lakes

$479,000

For sale: Detached

Detached at 24 PERTH STREET, Rideau Lakes
Property type
Detached
Bedrooms / bathrooms
5 bedrooms, 3 bathrooms
Living area
2,500 sqft
MLS®
MLS® X13609112
Neighbourhood
818 - Rideau Lakes (Bastard) Twp

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.

Sold data

Detached homes in Rideau Lakes — recent sold market

Detached homes in Rideau Lakes took a median of 30 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 54 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.

The median sale price was $467,450.

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

About 7% of sales closed above the list price.

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

Median days to sell
30
Median sale price
$467,450
Sale-to-list ratio
96.5%
Sold above asking
7%

Based on 54 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 24 PERTH STREET