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For Sale
Just Listed

4 WATER Street

818 - Rideau Lakes (Bastard) Twp, Rideau Lakes, ON
$347,000
3Bd
2Ba
1,300+sqft
2Parking
60 x 120 ftlot
$267/sqft
DetachedMLS# X13066622Listed 2026-05-012 DOM
Heating
Water Heater
Cooling
Central Air

Just listed! New listings in Rideau Lakes often receive offers within the first week.

About this home

WOW...$347,000 also gives you a newer furnace, AC and a water treatment system. Wake up to Big Rideau Lake views at 4 Water Street in Portland. This large corner-lot home with a classic wraparound porch sits directly across from the water, giving you the scenery, marinas, and public docks without paying waterfront prices or taxes. Inside, the bright eat-in kitchen features newer appliances and plenty of space to gather. The sun-filled living room is anchored by a cozy gas fireplace and large windows that frame the lake views. The main floor also offers a primary bedroom, 4-piece bath, and convenient main-floor laundry for easy everyday living. Upstairs, you will find two additional bedrooms, a 2-piece bath, and a flexible den or sitting area that works perfectly as a home office, reading nook, or kids' retreat. Outside, the generous yard overlooks the lake and invites everything from summer barbecues to quiet morning coffee on the porch. A new $4,000 water treatment system adds peace of mind. Love the outdoors? Dock rentals and marinas are just across the street, with a public boat launch down the road. Swim from the public docks, picnic at the local beach, or explore the Cataraqui Trail for hiking, biking, and snowmobiling. All this, plus walkable town amenities including a bank, LCBO, post office, grocery store, medical centre, and great local restaurants. From summer sunsets to winter's Skate the Lake festival, Portland offers true four-season living. If you have been waiting for lake views without the waterfront premium and taxes, this is your opportunity. Call today to schedule your viewing. Quick possession is possible.

WaterfrontFireplace

Rooms

Main Floor
Kitchen4.35 × 4.93 m
Dining Room3.02 × 3.12 m
Living Room6.47 × 3.85 m
Bathroom1.61 × 1.98 m
Primary Bedroom3.34 × 3.72 m
Second Floor
Bedroom 24.69 × 2.76 m
Bedroom 33.58 × 2.87 m
Bathroom1.69 × 1.78 m

Features

  • Primary Bedroom - Main Floor
  • Propane Tank
  • Water Treatment
  • Water Heater
  • Landscaped
  • Porch
  • Full
  • Central Air
  • 1 1/2 Storey

Financials

Annual Taxes
$1,690

Estimated Rental Income

Entire property$3,200 – $4,800/mo
Rental yield11.1% – 16.6%

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

Market Data — Rideau Lakes

Days on market2 days
Buyer's MarketSeller's Market

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

Our estimate for this home

Priced 56.1% below estimate
Estimated range
$731K$850K
Mid-point $791K · ~$608/sqft
How this listing compares
$731KList · $347K$850K
High confidence·Based on 10016 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.

$347,000
4 WATER Street, Rideau Lakes
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