Sold for:Sold Jul 14, 2025
$150,000

357 County Road 8

Rideau Lakes (Rideau Lakes, South Crosby Twp), ON K0G 1E0

Detached House SoldNot 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 357 County Road 8, Rideau Lakes, Rideau Lakes (South Crosby) Twp

2025-07-02
2025-07-14
Sold
Price
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MLS#
x12256967

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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 357 County Road 8, Rideau Lakes, Rideau Lakes (South Crosby) Twp

Ideal Downsizer or Investment Opportunity-Tenant in Place! Quick Facts Type: Charming 1-bedroom home. Occupancy: Tenant-occupied (tenant would like to remain, pays 930.00 and pays hydro to landlord) Notice for Showings: 24-hour notice required. Location: Short drive to Elgin village amenities & Highway 15. Why You'll Love It - Whether you're ready to simplify your own lifestyle or grow your rental portfolio, this 1-bedroom property delivers flexibility and steady income from day one. The in-place tenant is looking to stay, making it a true buy-and-hold opportunity. Location Highlights-Village Convenience: Quick access to Elgins shops, restaurants, and community events - Easy Commuting: Minutes to Highway 15 for smooth travel to nearby towns and Kingston - Quiet Setting: Situated on a low-traffic road, yet close to all essentials. Interior Features: Open-plan living and dining with large windows - Functional Kitchen, Cozy Bedroom: Comfortably sized for a queen bed and dresser. Well-Appointed Bath: Full 4-piece bathroom with tub/shower combo. A compact footprint means lower utilities and upkeep costs. Upside Potential: Value-add opportunities-Steps Schedule a Showing: Contact the listing agent with 24-hour notice to respect the tenants schedule. Explore Growth: Discuss renovation or refinance options to maximize ROI. Don't miss this rare blend of lifestyle convenience and reliable rental income. Reach out today to secure your spot in this desirable Elgin-area property! Seller is requesting 48 irrev on all offers. Buyer to assume tenant.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,145
Land Transfer Tax Fee
$1,225

Basement Type
Unfinished, Crawl Space

Interior Features

Interior Extras
Carpet Free
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
School Bus Route

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
51-99

Construction

Exterior Finish
Vinyl Siding
Roof
Shingles
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
182.20 ft
Lot Depth
0.00 ft
Lot Shape
Irregular

Exclusions

Exclusions
Tenant's belongings

Parking & Garages

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

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Septic

Bedrooms
1
Washrooms
1
Kitchens
1

Room sizes

  • Foyer—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level

Washrooms

  • 4-piece

Municipality
Rideau Lakes
Neighbourhood
Rideau Lakes (South Crosby) Twp
Main cross streets
Cty Road 8
Zoning
Rural Residential
Directions
Hwy 15 will take you to Elgin. Head into Elgin, where you will keep heading out of town, past the school, and house will be on the right-hand side, #357.

MLS® number
X12256967
Data source
Toronto Regional Real Estate Board
Status change
2025-07-14
Listed on
2025-07-02
Days on market
12 days
Possession type
60-89 days
Co-op commission
2.0%
Seller
Listed by
RE/MAX HOMETOWN REALTY INC

Home Market Value

Current home valuation for 357 County Road 8, Rideau Lakes, Rideau Lakes (South Crosby) Twp, Rideau Lakes, ON. Listed for $150,000

HOMEH Estimate

?

$220,763

Estimated Sales Range

?

$184,512 - $257,014

HOMEH Estimate for 357 County Road 8, Rideau Lakes, Rideau Lakes (South Crosby) Twp

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

$220,763High confidence
Based on 9 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

$
Rideau Lakes, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$7,500

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$5,700$4,185$3,570$0
=Total mortgage
$148,200$139,185$131,070$120,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$724monthly$680monthly$640monthly$586monthly
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Land Transfer Tax

Provincial

$1,225

Total Land Transfer Tax

$1,225

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