Sold for:Sold Jan 22, 2025
$579,000

8 Fairlane Drive

Rideau Lakes (Rideau Lakes, South Elmsley Twp), ON K7A 4S5

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

This home has sold. It is no longer available.

Property not available for sale or for rent.

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Sale & Price History for 8 Fairlane Drive, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

2024-12-05
2025-01-22
Sold
Price
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MLS#
x11883224

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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 8 Fairlane Drive, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

Nestled in a desirable family-friendly neighbourhood, this beautiful 4-bedroom home offers a perfect blend of comfort and convenience. Situated on a spacious corner lot, the property boasts stunning curb appeal, enhanced by mature evergreens and a private, paved driveway. Enter through the 1.5 car garage to the kitchen where you will find a bright seating area, next to the patio doors going to an outdoor side deck. The main floor has two separate, cozy living areas and a nice dining room with a bay window. There is a powder room on the main floor as well as a pantry and laundry room. The spacious finished basement has a pellet stove and lots of room for extra play, storage or crafting area. The second level offers 3 moderately sized bedrooms and a 4 piece bathroom. The primary bedroom is surprisingly large, in its own wing of the house, with lots of closet space and an ensuite bathroom. Located just minutes from town, this home offers easy access to schools, shopping, and activities. With its warm character and prime location, this property is perfect for growing families or anyone seeking a peaceful retreat close to amenities. Do not miss the opportunity to make this picturesque home yours. Schedule a showing today!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,082
Land Transfer Tax Fee
$8,055

Basement Type
Finished

Interior Features

Laundry Level
Main Level
Interior Extras
Propane Tank, Storage, Water Heater, Generator - Full, Central Vacuum, Auto Garage Door Remote
Fireplace/Stove
Yes
Fireplace Features
Pellet Stove, Propane
Elevator
No

Exterior Features

Exterior Extras
Deck, Porch, Year Round Living
Pool
None

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
31-50

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
97.00 ft
Lot Depth
151.00 ft
Lot Shape
Rectangular

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

Heat Source
Electric
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, W/O To Patio
  • Living Room—
    Main level, Fireplace
  • Den—
    Main level
  • Dining Room—
    Main level, Bay Window
  • Laundry—
    Main level
  • Powder Room—
    Main level
  • Family Room—
    Basement level, Pellet
  • Primary Bedroom—
    Second level, Ensuite Bath, Closet
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Bedroom 4—
    Second level
  • Bedroom 4—
    Second level
  • Bedroom 4—
    Second level

Washrooms

  • 4-piece

Municipality
Rideau Lakes
Neighbourhood
Rideau Lakes (South Elmsley) Twp
Main cross streets
Sunset Drive and Golf Club Road

MLS® number
X11883224
Data source
Toronto Regional Real Estate Board
Status change
2025-01-22
Listed on
2024-12-05
Days on market
48 days
Possession type
To Be Determined
Co-op commission
2.0
Seller
Listed by
RE/MAX AFFILIATES REALTY LTD.

Home Market Value

Current home valuation for 8 Fairlane Drive, Rideau Lakes, Rideau Lakes (South Elmsley) Twp, Rideau Lakes, ON. Listed for $579,000

HOMEH Estimate

?

$527,269

Estimated Sales Range

?

$416,543 - $637,995

HOMEH Estimate for 8 Fairlane Drive, Rideau Lakes, Rideau Lakes (South Elmsley) Twp

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

$527,269Medium 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 $79,000 over $500K

Minimum down payment

$32,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$21,840$16,154$13,780$0
=Total mortgage
$567,837$537,254$505,930$463,200
Amortization
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Payment frequency
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$2,772monthly$2,623monthly$2,470monthly$2,262monthly
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Land Transfer Tax

Provincial

$8,055

Total Land Transfer Tax

$8,055

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