4 beds · 2 baths · 2062 sqft
This recently renovated home is located in the heart of the Rideau Lakes system with many lakes in the area to enjoy. This area is renowned for its pristine lakes, scenery and being a 4 season playground. The quiet town of Elgin has all the essential amenities that you would need such as groceries, prescriptions, service Ontario, bank, appliances, LCBO, library, world famous Elgin bowling alley and various other shops. There is a high school and grade school within walking distance and the firehall is but 300 meters away. This freshly renovated home has many upgrades which include, a forced air propane furnace, hot water tank, central AC, electrical with a 200 amp panel, plumbing, shingles, windows, septic, floors, drywall, trim, entrance stairs and basement spray foam insulation all in 2023. All work has been done professionally. Some of the original charm of this home has been preserved which is evident in the dining room wainscoting, trim, cabinetry in the kitchen and some floors on the second floor. The loft, which would make a wonderful studio has upgraded insulation and new wood board on the walls and ceiling. This spacious home is zoned General Commercial so the possibilities are only limited to your imagination. You could operate a business from the front of the home while occupying the rest. With the simple addition of some electrical, plumbing and cabinets to the front portion a self-contained apartment or in-law suite becomes an income or home for your loved ones. The income this property could generate should appeal to the investor as well. Some photos have been virtually staged. (id:39198)
Building Type House, Detached
Year built
Square Footage 2062 sqft
Stories 2
Bedrooms 4
Bathrooms 2
Parking 2
NeighbourhoodRideau Lakes
Land size 0.11 ac|under 1/2 acre
Heating type Forced air
Basement typeFull (Unfinished)
Parking Type
Time on REALTOR.ca78 days
This home may not meet the eligibility criteria for Requity Homes. For more details on qualified homes, read this blog.
Brokerage Name: eXp Realty, Brokerage
Home price
$529,000
Start with 2% down and save toward 5% in 3 years*
* Exact down payment ranges from 2-10% based on your risk profile and will be assessed during the full approval process.
$4,812 / month
Rent $4,255
Savings $557
Initial deposit 2%
Savings target Fixed at 5%
Start with 5% down and save toward 5% in 3 years.
$4,241 / month
Rent $4,125
Savings $116
Initial deposit 5%
Savings target Fixed at 5%