The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
360 Degrees of Waterfront Paradise! If you've ever dreamed of owning your own private island, this is your chance! Welcome to Butterfield Island, a spectacular 9.4 acre retreat offering privacy, natural beauty and endless potential. Just 10 minutes beyond Smiths Falls and a scenic 5-minute canoe ride from the mainland, this is the ultimate waterfront escape with the luxury of hydro! To the east, enjoy access to the public dock and your own shared private piece of mainland for parking and docking. To the west, breathtaking sunsets, stunning lake views and gradual, rocky, weed-free waterfront create the perfect setting for swimming and relaxing. The island features multiple cottages and outbuildings, each with its own charm. The adorable, sturdy log cottage offers an open-concept kitchen and living area with a cozy upper loft featuring 2 beds. Perched near the island's highest point, the yellow cottage captures incredible lake views through wall-to-wall windows. While some repairs are needed, it features a kitchen, woodstove, bedroom and 3-piece bathroom. A third cottage would need renovations or demolishing. A steel Quonset building provides excellent year-round storage for boats, tools and equipment, while a tucked-away outhouse is ideal for guests and camping weekends. With cottages thoughtfully spaced apart, there's plenty of room for everyone to enjoy their own private escape, along with exciting potential for rental opportunities. Explore over 4 acres of beautiful forest and trails, featuring a stunning mix of elevated rocky outcrops, dense woodland and peaceful clearings. Wildlife is abundant, with frequent sightings of bald eagles and loons. All furniture and contents included with the exception of a few items. Whether you envision a private family retreat, a gathering place for generations or a unique waterfront investment, Butterfield Island is a rare opportunity to own something truly special. Nine acres, endless shoreline and unforgettable sunsets.
Property Details
Listing
MLS® number
X14091884
Status
For Sale
Listed
Oct 17, 2026
Last updated
Oct 18, 2026
Possession
Flexible
Building
Type
Detached
Style
1 1/2 Storey
Approx. age
Not provided by brokerage
Approx. size
700–1,100 ft²
Basement
Crawl Space
Lot
Frontage
253.00 ft
Depth
1161.00 ft
Lot area
≈ 293,733 ft² (calculated)
View
North
Community
820 - Rideau Lakes (South Elmsley) Twp
Parking & utilities
Garage
None, 0 spaces
Driveway
0 spaces
Heating
Other
Cooling
None
Water / sewer
Not provided by brokerage
Taxes
Property tax
$3,504 / 2025
Condo fee
N/A
Source
Data source
TRREB (VOW feed)
Listed by
REAL BROKER ONTARIO LTD.
Interior
Level
Room
Size
Features
Loading rooms…
Interior Features
Bedrooms above grade: 2
Kitchens: 2 above grade
Basement: Crawl Space
Heating: Other
Cooling: None
Fireplace: Yes
Exterior
Waterfront: Yes
Waterfront features: Direct
Pool features: None
Property features: Lake Access, Wooded/Treed, Island
Cross street: From Highway 15, access the boat launch located at 2867 Highway 15, south of Lombardy.
Demographic data is not available for this area yet.
Population—
Median household income—
Median age—
Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
Household data is not available.
What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$2,350/mo
Mortgage (principal + interest)$2,058
Property taxFrom listing: $3,504/yr$292
Minimum $30,000 down for this price; the slider moves in whole percent, starting at 6%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$110,000
Ontario land transfer taxProvincial brackets, no first-time refund$7,475
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$120,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Rideau Lakes has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
