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.
Visit REALTOR website for additional information. Build your dream waterfront estate on one of the Rideau River's most unique and exclusive vacant properties. Set on approximately 1.09 acres, this remarkable parcel offers approximately 240 feet of west-facing waterfront, providing breathtaking sunset views and an exceptional setting for a custom home. Combining privacy, space, and natural beauty, this is a rare opportunity to create your ideal waterfront retreat. After extensive collaboration with the Rideau Valley Conservation Authority and engineers, the property was successfully removed from the regulated floodplain through an engineered balance-cut-and-fill process completed by a third party. The engineered placement of fill created an approximately 1,238 sq. m. approved building area suitable for a custom residence, private well, and septic system. Hydro service is available from the shared private right-of-way, where neighbouring homes are already serviced, and gravel access to the lot is already in place. An environmental site assessment was completed in July 2026. Located on the picturesque Rideau River, this premium waterfront property offers endless opportunities to enjoy boating, fishing, kayaking, and year-round waterfront living. Just 25 km from downtown Ottawa in the charming village of Manotick, this stretch of waterway, known as "The Long Reach" is famous among boaters as the longest lock-free section of the historic Rideau Canal. Buyer to complete their own due diligence regarding future development, permits, and approvals.
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What’s NearbyDistances approximate
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Estimated Rental Income
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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$4,607/mo
Mortgage (principal + interest)$4,489
Property taxFrom listing: $1,418/yr$118
Minimum $95,000 down for this price; the slider moves in whole percent, starting at 8%. 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$240,000
Ontario land transfer taxProvincial brackets, no first-time refund$20,475
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$263,275
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Manotick - Kars - Rideau Twp and Area 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.
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