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. All windows have been updated over time. Added attic insulation +/- 2019. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, newer library and community hall and a public beach with 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.
| MLS # | X13609112 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 34 |
| Listing Provided By | ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE | X13609112 179025 |
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.17 |
| Interior Features | Separate Heating Controls, Separate Hydro Meter, Water Heater Owned, Water Softener |
|---|---|
| Cooling | None |
| Heat Source | Electric |
| Fireplace Yes / No | No |
| Exterior Features | Deck, Porch, Year Round Living |
|---|---|
| Roof | Asphalt Shingle, Flat, Metal |
| Foundation Details | Concrete, Stone |
| Topography | Level |
| Construction Materials | Brick |
| Security Features | Carbon Monoxide Detectors, Smoke Detector |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Septic |
|---|
| Tax Annual Amount | 2334.83 |
|---|---|
| Tax Legal Description | PT LT 4 N/S PERTH ST AND E/S MAIN ST PL 27; PT LT 5 N/S PERTH ST AND E/S MAIN ST PL 27 AS IN LR365538; RIDEAU LAKES |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Leeds and Grenville |
| City | Rideau Lakes |
| Postal Code | K0G 1V0 |
| Area | 818 Rideau Lakes (Bastard) Twp |
| Listing VS Median (in K0G 1V0) | |
Price: $479,000 low | high Med: $649,900 On site: 34 low | high Med: 88 | |
| Province | ON |
|---|---|
| County | Leeds and Grenville |
| City | Rideau Lakes |
| Postal Code | K0G 1V0 |
| Area | 818 Rideau Lakes (Bastard) Twp |
| Listing VS Median (in K0G 1V0) | |
Price: $479,000 low | high Med: $649,900 On site: 34 low | high Med: 88 | |