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For Sale

45 Drummond Street

826 - Rideau Lakes (Newboro) Twp, Rideau Lakes, ON
$269,000
1Bd
2Ba
900+sqft
6Parking
104.25 x 191 ftlot
$299/sqft
DetachedMLS# X12148982Listed 2025-05-14384 DOM

On the market for 384 days — longer than average. The seller may be open to negotiation.

About this home

Commercial / Residential property in Newboro Village. The main building has a 1 bedroom small apartment with Living Dining area & 3 pc bath, currently rented and requires at least 24hrs prior notice for showings but please allow 48 when possible. The second part of the main building is an office with a 3 pc bath. The two sections can be opened back up into one larger residential unit or larger commercial unit. There is a large unfinished garage with an upper floor that used to be a separate apartment but is in rough/ poor condition and would require a lot of updating & plumbing to make it livable again. Parking area has been freshly paved and there is a de-ironizer & UV filter on the water system. All offers must include the Schedule B and the Form 161. The Broker John Brus is also the Listing Broker. Property is an irregular shape and is part of the Newboro Village Plan 72.

Garage

Rooms

Main Floor
Kitchen2.74 × 2.37 m
Living Room4.87 × 3.38 m
Bedroom4.87 × 3.07 m
Office6.70 × 4.57 m

Features

  • Water Treatment
  • Deck
  • Crawl Space
  • Window Unit(s)
  • Bungalow

Financials

Annual Taxes
$1,373.8

Estimated Rental Income

Entire property$2,000 – $3,000/mo
Rental yield8.9% – 13.4%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Rideau Lakes

Days on market384 days
Buyer's MarketSeller's Market

Based on active listings in Rideau Lakes. Data updates daily.

Our estimate for this home

Priced 54.3% below estimate
Estimated range
$544K$632K
Mid-point $588K · ~$654/sqft
How this listing compares
$544KList · $269K$632K
High confidence·Based on 9348 gta-wide comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$269,000
45 Drummond Street, Rideau Lakes
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