Homula Realty Brokerage
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131 Leisure Point Road, Rideau Lakes, ON K0G 1X0

1 bed · 1 bath · 1 kitchen · 7 rooms · 8 parking spaces · 1100-1500 sq ft · Detached
$534,900
Property tax
$4,009 / year

Your perfect cottage escape or year-round retreat awaits! Set on 6.2 private acres with waterfront on the historic Rideau Canal system and access to a wonderful selection of nearby lakes, this spacious, bright and beautifully maintained property offers the best of peaceful country living just minutes from Westport. What sets it apart: you're on one of the few lakes forming part of the Rideau Canal, a UNESCO World Heritage waterway. From your own shoreline you can set out by boat and navigate the interconnected lakes and locks all the way to Ottawa, passing the historic Chaffey's Locks along the way. Few properties offer this kind of legendary, wide-open boating access. Built to last, the home features durable, energy-efficient ICF construction paired with quality JELD-WEN windows that fill every room with natural light while keeping it comfortable in every season. A Canadian-made Napoleon propane gas stove can heat the entire home on its own cozy, efficient and dependable. Enjoy your morning coffee or unwind at the end of the day in the inviting sunroom, or step outside onto the deck and take in the tranquility and privacy that surround you. A Generac system and three-bedroom septic add peace of mind, while the generous lot, complete with its own sand pit. Offers plenty of room to explore, relax and enjoy the outdoors. The lower level is full of potential, with impressive high ceilings and numerous windows creating a bright, inviting space ready to be finished to suit your needs. Think additional living space, recreation room, guest accommodations, home gym or hobby area. With privacy, Rideau Canal waterfront, acreage, abundant natural light and solid ICF construction, all close to the charming community of Westport and countless lakes, this property is a rare opportunity to create the lifestyle you've been dreaming of.

MLS number
X13721920
Type
Detached
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
K0G 1X0
Photos
47
Laundry
Not in the unit
17days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Detached houses in Rideau Lakes325 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$372k$504k$635k20252026this home’s asking price
$575klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
95%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d35d71d20252026
36dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among detached houses in rideau lakes. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 517 people.

$86,000Median household income
89.7%Own their home
97.8%Detached houses
56.8Median age
4.5%Born outside Canada
20.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35070292 — the few blocks around this address, home to 517 people. It describes the area, not this property.

517Population
49.4Average age
2.3Household size
$87,000Average household income
$86,000Median household income
90%Own their home
10%Rent
0%Condominiums
5%Born outside Canada
20%University degree
$472,000Average home value
10%Low income
80%Not in the labour force
18%Never married
Under $5,0002%
$15,000 to $19,9993%
$20,000 to $24,9993%
$30,000 to $34,9993%
$35,000 to $39,9995%
$45,000 to $49,9995%
$50,000 to $59,9993%
$60,000 to $69,9995%
$70,000 to $79,9995%
$80,000 to $89,9993%
$90,000 to $99,9993%
$100,000 and over31%
$100,000 to $124,99914%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over6%

Percentages are of the 320 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$106,980 · minimum here is $28,490
$2,368.42per month
Borrowed before insurance$427,920
Total borrowed$427,920
Interest over 25 years at 4.5%$282,606

If you rented it out

-$2,702.50per month out of pocket
Rent$0.00
Everything it costs to hold$2,702.50
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by LPT REALTY, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.