5525 Rideau Rd

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Listing Description

An exquisite multi-family waterfront sanctuary with lucrative Airbnb potential! This exceptional 3-level home on the picturesque shores of Little Cranberry Lake, part of the esteemed Rideau Canal system, redefines luxury living. Ideal for those seeking a lavish family getaway, a multi-generational abode, or a high-income investment property, this expansive home spans over 5,000 sq/ft and boasts remarkable versatility. Secluded at the end of a serene cul-de-sac, this property offers tranquillity and breathtaking views from multiple tiered decks that overlook your private waterfront. Delight in swimming, boating, and unwinding on your brand-new dock (2024), with effortless access to neighbouring lakes via the convenient lock system. Each level of this residence is designed with its own private entrance and kitchen, perfect for independent living or rental opportunities. The 1,939 sq/ft MAIN LEVEL presents itself as a charming bungalow from the street and features 3 spacious bedrooms, 2 well-appointed bathrooms, a generous kitchen, a dining room, and a sunken living room that seamlessly flows onto an expansive upper deck. Additional conveniences include a mudroom/laundry area and direct access to the attached double-car garage. The MIDDLE LEVEL offers 2 more inviting bedrooms, a stylish 3-pc bathroom, and a magnificent great room complete with a kitchen and a walkout to a second-tier deck that showcases stunning lake views. On the LOWER LEVEL, discover another bedroom, a bathroom, and a great room that opens to the backyard, along with a workshop that provides exterior access and ample storage. Noteworthy features include a modern propane furnace, a merged double lot that enhances privacy and offers future development potential, and a sandy shoreline that, with a little revitalization, is perfect for swimming and boating. Whether you envision a dream waterfront home, a serene cottage retreat, or a promising investment opportunity, this remarkable property is for you.
Refrigerator (3), stove (2), built-in microwave, dishwasher (1), washer (2), dryers (2), central/vac with attachments, garage door opener, hot water tank (owned), and window coverings.