Sold for:Sold Jul 30, 2025
$575,000

29 O3 Road

Rideau Lakes (Rideau Lakes, South Elmsley Twp), ON K0G 1L0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 29 O3 Road, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

2025-06-04
2025-07-30
Sold
Price
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MLS#
x12197202

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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 29 O3 Road, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

Welcome to 29 O3 Otter Lake. Cozy Year-Round Lakefront Home Peaceful Living on Otter Lake This charming two-bedroom home is the perfect retreat for a retired couple or anyone looking to embrace the lakefront lifestyle year-round. Tucked into a sheltered bay on the southwest shore of Otter Lake, the property sits at the water's edge, offering a stunning sandy-bottom shoreline ideal for swimming and enjoying the outdoors. Inside, you'll find tasteful décor and thoughtful touches throughout, including heated floors in both the kitchen and bathroom perfect for cozy mornings. The spacious kitchen allows you to cook while enjoying uninterrupted views of the lake through expansive front windows. These breathtaking views extend across the entire front of the home, including the primary bedroom, so you can wake up every day to the peaceful sparkle of the water. Outside, the landscaped backyard and multi-level lakeside decking offer a variety of spaces to relax, entertain, or simply take in the natural beauty around you. A cozy detached Bunkie adds extra versatility to the property. One section features a queen bed and built-in bookshelves, ideal for guests or a quiet reading nook. The other half serves as a tool shed and storage area, complete with a working overflow fridge great for entertaining or seasonal needs. This move-in-ready home combines comfort, elegance, and unbeatable lakefront living.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,589
Land Transfer Tax Fee
$7,975

Rental Items

Rental Equipment
NONE

Basement Type
Partial Basement, Unfinished

Interior Features

Interior Extras
Primary Bedroom - Main Floor
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Exterior Extras
Year Round Living
Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Vinyl Siding
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
60.00 ft
Lot Depth
80.00 ft

Inclusions

Inclusions
Fridge, stove, washer, dryer, Hot water tank, microwave/fanhood

Parking & Garages

Garage Type
None
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Holding Tank

Bedrooms
2
Washrooms
1
Kitchens
1

Washrooms

  • 4-piece

Municipality
Rideau Lakes
Neighbourhood
Rideau Lakes (South Elmsley) Twp
Main cross streets
Otter Lake Rd & O3
Directions
From Smiths Falls take Highway 15 ( Kingston) to Otter Lake Road , turn Right and follow to Rd O3 turning Left. veer to the left when you see homes. signs up.
Waterfront
Direct

MLS® number
X12197202
Data source
Toronto Regional Real Estate Board
Status change
2025-07-30
Listed on
2025-06-04
Days on market
56 days
Possession date
2025-10-01
Possession type
90+ days
Co-op commission
2%
Seller
Listed by
CENTURY 21 SYNERGY REALTY INC.

Home Market Value

Current home valuation for 29 O3 Road, Rideau Lakes, Rideau Lakes (South Elmsley) Twp, Rideau Lakes, ON. Listed for $575,000

HOMEH Estimate

?

$584,980

Estimated Sales Range

?

$462,134 - $707,826

HOMEH Estimate for 29 O3 Road, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

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

$584,980Medium confidence
Based on 12 comparable properties
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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Rideau Lakes, ON
Minimum Down Payment Required:5.7%

5% on first $500K + 10% on $75,000 over $500K

Minimum down payment

$32,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$21,689$16,043$13,685$0
=Total mortgage
$563,914$533,543$502,435$460,000
Amortization
Mortgage rate
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%
%
%
Payment frequency
=Mortgage payment
$2,753monthly$2,605monthly$2,453monthly$2,246monthly
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Land Transfer Tax

Provincial

$7,975

Total Land Transfer Tax

$7,975

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