7 days on Market

42 Penny Lane, Rideau Lakes, Ontario K0G 1V0

Detached
6
3
~2000-2500 sqft
$1,900,000
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Detached
6
3
~2000-2500 sqft

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Highlights

Property Estimate

Days on market7 days

Estimated valueNot available

Price/Sqft$855/sqft

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Description

Welcome to an extraordinary waterfront estate nestled on Upper Rideau Lake on the historic Rideau Canal System. Set on 4.17 acres of pristine forest, open meadow, and professionally landscaped grounds, this rare offering features over 350ft of private, natural shoreline with deep, crystal-clear water; perfect for swimming, diving, and dockside relaxation, with depths of over 12ft at the end of the dock. Take in sweeping panoramic views across the main channel toward the village of Westport, with no neighbours visible from the home or dock; offering complete peace and privacy. Coveted western exposure delivers spectacular sunsets, best enjoyed from the expansive covered deck or while relaxing by the water's edge. Off the covered deck, a fantastic three-season room provides a cozy, protected space to enjoy the sights and sounds of nature, rain or shine. The main home and private guest suites together offer 6 spacious bedrooms and 3 full bathrooms, ideal for hosting extended family, guests, or accommodating multigenerational living. The open-concept layout of the main residence features over 1,700sf of beautifully appointed main-floor living space. The chefs kitchen is designed for entertaining, with granite countertops, ample cabinetry, a gas cooktop, and a charming breakfast nook. The primary suite is a serene retreat with a renovated 3pc ensuite and custom closet cabinetry. The lakeview bunkie above the garage adds 900sf of additional space, complete with two bedrooms, ample room for guests, and a private deck with breathtaking views of the lake. Enjoy making your own maple syrup and creating unforgettable family memories in your very own charming sugar shack.Enjoy the bonus features that include a detached 3-car garage (2 bays insulated and heated), wood storage, studio, lush gardens, and walking trails. Just a quick boat ride to Westport; enjoy boutique shopping, restaurants, cozy cafés, and a vibrant live music scene. This is waterfront living at its finest!


Property Details

StyleBungaloft
ViewLake
Age of property-
SqFt~2000-2500 SqFt
Lot Size250,145 SqFt(714.7 x 350)
Parking Spaces23
MLS ®NumberX12245256
Community NameRideau Lakes
Data SourceTRREB
Listing byROYAL LEPAGE TEAM REALTY

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Unfinished, Crawl Space

4th Br

2.82 x 1.62

Br

3.0 x 3.6

Primary

4.6 x 4.73

Bathroom

4.75 x 4.29

3 Pc Ensuite


Features

Lot size: 250,145 SqFt

Parking

Garage spaces 3

Garage type Detached

Other parking spaces 20

Total parking spaces 23


Property History

Jun 25, 2025
ListedActive
$1,900,000
7 days on market
history photo preview50
Listing by trreb®
Property listed by ROYAL LEPAGE TEAM REALTY, Brokerage
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Market Data - Rideau Lakes

Geo Zone Map ThumbnailRideau Lakes

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

50 days

2023

52 days

2022

15 days

New Listings

Past 30 days

57 listings

Compared to

2024

88 listings

2023

49 listings

2022

58 listings

Units sold

Past 30 days

33 units

Compared to

2024

22 units

2023

33 units

2022

30 units

Median Sold Price

Past 30 days

$595,000

Compared to

2024

$615,000

2023

$574,000

2022

$695,000


Population and Demographics

Overview

Total population 12336
Average household income $110,996

Age (%)

0 to 19
16%
20 to 34
13%
35 to 49
14%
50 to 64
26%
65 and plus
32%

Household composition (%)

Single family
69%
Single person
28%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
95%
French
2%
Others
2%

House tenancy (%)

Owners
85%
Renters
15%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget