24 Perth Street, Rideau Lakes, ON K0G 1V0

About this residence

Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. 2 units rented and one under renovation due to be completed in September makes it the perfect opportunity for an owner occupied investment property. One bedroom main floor unit, the next main floor unit has 2 bedrooms above and was updated throughout, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake. All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, library and a public beach and boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Buyer must assume the existing tenants in the 2 units.

Property details

Property type

Detached

Total rooms

13

Garage

None

Parking spaces

3

Annual taxes

$2,261 (2026)

Possession

Flexible

Directions

Hwy 15 at Portland go North on Main Street, East on Perth Street to #24

Location