Was listed for:Expired Mar 15, 2025
$524,900

689 River Drive

Lanark Highlands (Lanark Highlands, Dalhousie Twp), ON K0G 1K0

Detached House ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 689 River Drive, Lanark Highlands, Lanark Highlands (Dalhousie) Twp

2024-12-02
2025-03-15
Expired
Price
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MLS#
x11824489
2024-09-10
2024-11-30
Expired
Price
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 689 River Drive, Lanark Highlands, Lanark Highlands (Dalhousie) Twp

Discover this rare gem on the Mississippi River. Enjoy the absolute best waterfront around with this level 1+ acre lot w/140 feet of SWIMMABLE and sandy waterfront!!.This generational year round home with 2 additional year round cottages/homes for family/ friends is really a must see. The main home features a spacious liv/din/kitchen area w/JOTUL propane heater,2 bedrooms,1 bath & offers the perfect blend of rustic charm & modern comfort. The (middle) 2nd cottage features kitchen, living/dining room and with a wood stove, 2 cozy bedrooms & 4pc bath.The quaint 3rd cottage features a kitchen, living room,1 bedroom,1 bath. You will appreciate the peace and tranquility of Riverfront living yet while also navigable by boat right into Dalhousie Lake opening up a world of water adventures right from your dock. The versatile property structures do require TLC but have such fabulous potential at this price. This property is ideal for larger families with plenty of room for additional campers for friends but also presents an excellent investment opportunity. Rent the 3 units and the income could easily cover the expenses. Don't miss your chance to own a piece of paradise on the river and experience the magic! $300/yearly for snow removal/maint. Located just a short drive to Perth or Lanark Village, on a well maintained road and in a fabulous community! Call today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,000
Land Transfer Tax Fee
$6,973

Rental Items

Rental Equipment
2 Propane Tanks from Levac
Under Contract
Propane Tank

Basement Type
Crawl Space, None

Interior Features

Laundry Level
Main Level
Interior Extras
Water Heater Owned
View
River
Fireplace/Stove
Yes
Fireplace Features
Family Room, Propane
Elevator
No

Exterior Features

Pool
None
Property Features
Waterfront
Other Structures
Gazebo

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding, Other
Roof
Asphalt Shingle
Foundation Details
Block, Slab
Special Designation
Unknown

Lot

Lot Front
142.00 ft
Lot Depth
394.00 ft

Inclusions

Inclusions
Hot Water Tank

Exclusions

Exclusions
All Appliances have been removed

Parking & Garages

Garage Type
Other
Garage Spaces
10
Parking Spaces
10
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Propane
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Septic
Hydro
Yes

Bedrooms
2
Washrooms
3
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Foyer—
    Main level
  • Bedroom—
    Main level
  • Bedroom—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Main level
  • Dining Room—
    Main level
  • Laundry—
    Lower level
  • Other—
    Lower level
  • Other—
    Lower level
  • Other—
    Lower level

Washrooms

  • 4-piece, Main

Municipality
Lanark Highlands
Neighbourhood
Lanark Highlands (Dalhousie) Twp
Main cross streets
From Lanark heading towards McDonalds Corners (Cty Rd 12) turn right on Sheridan Rapids Rd, continue over 2 small bridges. Turn left on River Drive and follow to property on the left.
Zoning
Recreational
Waterfront
Direct

MLS® number
X11824489
Data source
Toronto Regional Real Estate Board
Status change
2025-03-15
Listed on
2024-12-02
Days on market
103 days
Possession type
To determine
Co-op commission
2.0% + H.S.T.
Seller
Listed by
RE/MAX FRONTLINE REALTY

Home Market Value

Current home valuation for 689 River Drive, Lanark Highlands, Lanark Highlands (Dalhousie) Twp, Lanark Highlands, ON. Listed for $524,900

HOMEH Estimate

?

$393,477

Estimated Sales Range

?

$236,086 - $550,868

HOMEH Estimate for 689 River Drive, Lanark Highlands, Lanark Highlands (Dalhousie) Twp

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$393,477Low confidence
Based on 5 comparable properties
+ $131,423 (33%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Lanark Highlands, ON
Minimum Down Payment Required:5.2%

5% on first $500K + 10% on $24,900 over $500K

Minimum down payment

$27,490

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$19,883$14,645$12,493$0
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$516,963$487,055$458,658$419,920
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$2,524monthly$2,378monthly$2,239monthly$2,050monthly
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Land Transfer Tax

Provincial

$6,973

Total Land Transfer Tax

$6,973

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