$729,000
22 Water Street E, Rideau Lakes, ON K0G 1V0
4 Beds
4 Baths
4 Parking
Have you always dreamed of living on the water, but your budget can't get you there? Or maybe you have a vision of running a charming B&B or owning a lakefront vacation rental property? Now is your chance! Don't miss this exceptionally rare opportunity to experience waterfront living without the waterfront price tag in charming Portland village: perhaps one of Eastern Ontario's best kept secrets - centrally located an hour from Kingston & Ottawa. Nestled on a large, fenced lot and directly across from a waterfront heritage park, you'll enjoy unobstructed sunset views from the south shore of Big Rideau Lake. Life in this quiet & inclusive lakefront community feels unspoiled, but still buzzes with year-round activity & neighbourly camaraderie, boasting marinas, restaurants w/ live music, a trendy coffee shop, "Skate the Lake" every winter & other convenient amenities just steps away. Don't miss the newly-built community hall & library building right next door, home to markets, fitness classes & other vibrant community gatherings. Built in 1885, this 4-bed, 4-bath home stands proud as one of Portland's most historic properties, dating back to the Rideau's thriving steamboat cruise era. The home has been thoroughly & thoughtfully updated over the years, offering modern luxuries while maintaining irreplicable features like wide-planked original pine floors, soaring ceilings & intricate woodworking both inside & outside the home. With lush perennial gardens & extensive exterior updates - including new siding, windows & doors, roof, front porch w/ pergola & armourstone (2016/17) - this stately property is well-revered by residents. So, get ready to soak up summer in this exquisite & turnkey home in endearing Portland village: Dig your toes into the sandy public beach just a stone's throw from home; slip your kayak in the water at the dock across the street; picnic under the gazebo's shade as you watch the boats come into the bay at sunset.

Property Summary

Property Type Residential Freehold
Property Sub Type Detached
Transaction Type For Sale
Style 2-Storey
Approximate Age 100+
Bedrooms Above Grade 4
Kitchens 1
Basement Unfinished
Exposure South
Possession Flexible

Building

Building Type Detached
Square Footage 2000-2500
Exterior Wood
Foundation Poured Concrete, Stone
Roof Asphalt Shingle
Heating Forced Air
Heat Source Propane
Cooling Central Air
Fireplace Yes

Measurements

Lot Size 60.1 x 122.76
Lot Size Units Feet
Frontage 60.1
Depth 122.76
Total Living Area 2000-2500

Land

Address 22 Water Street E, Rideau Lakes, ON K0G 1V0
City Rideau Lakes
Community 818 - Rideau Lakes (Bastard) Twp
County / Area Leeds and Grenville
Cross Street Hwy 15 & Campbell St
Sewer Septic
Pool None
Parcel Number 441240240

Parking and Garage

Total Parking 4
Garage Spaces 1
Garage Type Detached
Parking Features Private

Taxes and Listing Info

List Price $729,000
Annual Taxes $1,957
Tax Year 2025
Status Active
Listing Date 2026-05-08T01:54:08Z
Updated 2026-05-30T04:55:30Z
MLS Number X13100130
Local Market Insight

What Buyers Should Know About 22 Water Street E, Rideau Lakes, ON K0G 1V0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

22 Water Street E, Rideau Lakes, ON K0G 1V0 is positioned in 818 - Rideau Lakes (Bastard) Twp, a part of Rideau Lakes where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a 2-Storey, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Detached should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to Hwy 15 & Campbell St, public transit options, parking availability, and drive times to employment areas. A property with 4 parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $729,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows 4 bedrooms, 4 bathrooms, basement details marked as Unfinished, and a lot size of 60.1 x 122.76, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Rideau Lakes, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around 818 - Rideau Lakes (Bastard) Twp. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 22 Water Street E, Rideau Lakes, ON K0G 1V0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.