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.
Life on the Big Rideau is easy from 3537 R35. Set along approximately 84 feet of deep shoreline in a protected bay just outside Portland, this exceptionally well-maintained waterfront home is made for those who love time on the water. A connected pile-supported dock and covered single-slip boathouse offer an excellent boating setup, with the current owners comfortably keeping their cruiser at home. The marina sits directly across the bay, making launching, hauling out and storing your boat incredibly convenient. Offering approximately 1,900 sq. ft., the home features three bedrooms, one full bath and two half baths, with gleaming oak hardwood through the kitchen, dining area, living room and bedrooms. The spacious custom kitchen offers plenty of room to gather, while the living room opens through patio doors to the deck and beautiful Rideau views. The generous primary bedroom includes a walk-in closet and cheater ensuite. The two additional bedrooms each enjoy water views and patio doors opening directly onto the deck. The entry level offers a second living area, laundry room and powder room, while the lower level adds finished space with LVP flooring and a wood stove. A double attached garage provides excellent parking and storage. At the shoreline, manicured grounds, mature flowers and space for entertaining create an inviting place to enjoy the lake. Keep the boat at home and head out for an afternoon or weekend with the Big Rideau at your fingertips. Close to Portland's waterfront dining, parks and community amenities, the home also offers easy main-road access, propane forced-air heat and central air for comfortable year-round living. Private road fee was $475 in 2025.
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Estimated Rental Income
Rental estimate coming soon
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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$3,690/mo
Mortgage (principal + interest)$3,176
Property taxFrom listing: $6,162/yr$514
Minimum $59,900 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$169,800
Ontario land transfer taxProvincial brackets, no first-time refund$13,455
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$186,055
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.
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