4 Water Street, Rideau Lakes, ON

$340,000
MLS#:X13134912
3 beds
2 baths
1100-1500 sqft
2.0 parking
Residential Freehold
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Added:May 14, 2026(107 days ago)
Updated:Jul 18, 2026(42 days ago)
Last Checked:11 minutes ago

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Rideau Lakes (Bastard) Twp. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $340,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 60 x 120 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Water Treatment
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

WOW...$340,000 gives you a newer furnace, AC and a water treatment system. Wake up to Big Rideau Lake views at 4 Water Street in Portland. This large corner-lot home with a classic wraparound porch sits directly across from the water, giving you the scenery, marinas, and public docks without paying waterfront prices or taxes. Inside, the bright eat-in kitchen features newer appliances and plenty of space to gather. The sun-filled living room is anchored by a cozy gas fireplace and large windows that frame the lake views. The main floor also offers a primary bedroom, 4-piece bath, and convenient main-floor laundry for easy everyday living. Upstairs, you will find two additional bedrooms, a 2-piece bath, and a flexible den or sitting area that works perfectly as a home office, reading nook, or kids' retreat. Outside, the generous yard overlooks the lake and invites everything from summer barbecues to quiet morning coffee on the porch. A new $4,000 water treatment system adds peace of mind. Love the outdoors? Dock rentals and marinas are just across the street, with a public boat launch down the road. Swim from the public docks, picnic at the local beach, or explore the Cataraqui Trail for hiking, biking, and snowmobiling. All this, plus walkable town amenities including a bank, LCBO, post office, grocery store, medical center, and great local restaurants. From summer sunsets to winter's Skate the Lake festival, Portland offers true four-season living. If you have been waiting for lake views without the waterfront premium and taxes, this is your opportunity. Call today to schedule your viewing. Quick possession is possible.

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Property Summary

This detached home located at 4 Water Street, Rideau Lakes is currently for sale and has been available on SousaSells for 107 days. This property is listed at $340,000 with an estimated mortgage of $1,132* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 4 Water Street, Rideau Lakes is in the Rideau Lakes (Bastard) Twp neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Rideau Lakes (Bastard) Twp, Rideau Lakes.

Highly Recommended for Families
What We Love About This Home
  • •3 spacious bedroom layout offering versatile living space
  • •2 well-appointed bathrooms
  • •1100-1500 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Families, couples, or downsizers looking for a well-proportioned home in Rideau Lakes.

Target Buyer Match

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
AddedMay 14, 2026 (107 days ago)
UpdatedJul 18, 2026 (42 days ago)
Last Checked11 minutes ago
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementFull
Lot Size60 Ă— 120 Feet
CountyLeeds and Grenville
Annual Tax$1,690
Legal DescriptionLT 12 S/S W WATER ST PL 27; RIDEAU LAKES

Parking & Garage

Parking Total2.0
Parking Space2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

None listed

Interior Features

  • Primary Bedroom - Main Floor
  • Propane Tank
  • Water Treatment
  • Water Heater

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 4 Water Street, Rideau Lakes, ON

Q.What is the asking price for 4 Water Street, Rideau Lakes, ON ?

The current listing price for 4 Water Street, Rideau Lakes, ON in Rideau Lakes (Bastard) Twp, Rideau Lakes is $340,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 3 bedrooms and 2 bathrooms across approximately 1100-1500 sqft.

Q.What property type and architectural style is 4 Water Street, Rideau Lakes, ON ?

4 Water Street, Rideau Lakes, ON is a Detached (1 1/2 Storey) featuring a Full basement.

Q.What interior features are included in this home?

Interior highlights include: Primary Bedroom - Main Floor, Propane Tank, Water Treatment, Water Heater.

Q.Is parking available at this property?

Yes, this property offers parking space for 2.0 vehicles (None).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via Central Air.

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Location

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4 Water Street, Rideau Lakes, ON

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Neighborhood Safety Index

Neighborhood Safety & Crime Analytics

Rideau Lakes (Bastard) Twp, Rideau Lakes

SAFETY RATING9.4 / 10
Low Incident Area
Total Annual Incidents35 incidents / yr
Average Per Month2.9 incidents / mo
Population BenchmarkArea Average residents
Personal Safety
Very Low

8 assaults (30.0/100k)

Property Security
Very Low

8 B&E (30.0/100k)

Auto Theft Risk
Low Risk

10 thefts (35.0/100k)

1-Year Trend
â–Ľ 6%

Improving vs previous year

How Per-Capita Rate (Per 100,000 Residents) Is Calculated:

Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.

Source: Official Police Services ArcGIS Open Data
Halton & GTHA Police Network

Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 4 Water Street, Rideau Lakes, ON K0G 1V0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Rideau Lakes.

Configure Loan Settings

Interest Rate4.00%
Down Payment$102,000 (30.0%)
* Minimum Canadian down payment required for this price is $17,000.
Amortization Period30 Years
Estimated Monthly Payment$1,132Based on a loan of $238,000 over 30 years.
Purchase Price$340,000
Loan Amount$238,000
Provincial Land Transfer Tax:$3,575
Total Estimated Closing Taxes:$3,575

About Purchasing a Home in Rideau Lakes, ON

For a property listed at $340,000 in Rideau Lakes, the legal minimum down payment is $17,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,575 for this transaction. As this listing is in Rideau Lakes (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,575.

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Rideau Lakes (Bastard) Twp, Rideau Lakes Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rideau Lakes (Bastard) Twp, Rideau Lakes.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$619,713

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Best Schools in Rideau Lakes (Bastard) Twp, Rideau Lakes

Elementary Schools

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Secondary Schools

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Rideau Lakes (Bastard) Twp, Rideau Lakes Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.

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