A great opportunity in the heart of Portland! This raised bungalow offers plenty of potential for first-time buyers, investors, downsizers or anyone looking to put their own personal touch on a home in one of the Rideau Lakes area's most charming communities. While the home is ready for some updating, the space and layout offer an excellent foundation to create something special. The main floor features two bedrooms, a 4-piece bathroom, kitchen, spacious laundry area and a generous living room. The screened-in porch provides a great space to relax or entertain and enjoy the peaceful village setting. The lower level offers two additional finished rooms, with one providing the flexibility to be used as an additional bedroom, home office, den or hobby space, depending on your needs. The basement also features a large utility area and a deep garage with convenient access from the rear street, providing plenty of room for storage, hobbies or a workshop. Beyond the property itself, Portland has so much to offer right at your fingertips. This quiet village is home to a brand-new library and community centre, a public beach, and all the everyday amenities you need including restaurants, pharmacy, LCBO, convenience store, bank and post office. Set along the shores of Big Rideau Lake, Portland is a wonderful place to enjoy the outdoors, with boating, fishing, swimming and plenty of opportunities to get out and enjoy the surrounding lakes and trails. With Smiths Falls only approximately 20 minutes away and Kingston approximately 45 minutes away, you can enjoy the best of both worlds, the convenience of larger urban centres within easy reach while coming home to the peaceful pace and charm of small-town living. Whether you're looking for your first home, an investment, a retirement property or simply a place to enjoy a quieter lifestyle, this property offers an opportunity to make it your own in a community that truly has something for everyone. Book your showing today!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $613 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 17 Colborne St
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Partially Finished, Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Partially Finished · Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
17 Colborne St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13744996$429,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 17 Colborne St Compares to the Rideau Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,108
/mo
based on the purchase price of $429,000
$85,800 cash
$343,200 financed
$289,064 total interest
Principal54%$343,200
Interest46%$289,064
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Rideau Lakes
Other 2–6 bed homes for sale in Rideau Lakes around $429K.
Average days on market66Homes sold in about 66 days on average.
Sale-to-list ratio94.0%On average, homes sold below asking.
Active listings162Homes for sale here right now.
Median vs prior 90 days−13.9%Compared with May 14 – Aug 12, 2026: prices down.
Based on 76 sales from Aug 12 – Nov 10, 2026 (77 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 17 Colborne St
How much is 17 Colborne St listed for?
17 Colborne St is listed at $429,000 (MLS® X13744996). Summitly updates the price as soon as the MLS® record changes.
Is $429,000 a good price for 17 Colborne St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Rideau Lakes. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 17 Colborne St changed?
No — 17 Colborne St is still listed at its original asking price of $429,000.
How many bedrooms and bathrooms does 17 Colborne St have?
17 Colborne St has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Rideau Lakes.
How much would the monthly mortgage be on 17 Colborne St?
About $2,108 a month — principal and interest on $429,000 with 20% down ($85,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 17 Colborne St compare with other homes in Rideau Lakes?
Its asking price of $429,000 is about 8% below the median sold price in Rideau Lakes over the last 90 days, $465,000, across 76 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 17 Colborne St been sold before?
Summitly has no earlier MLS® sale or lease of 17 Colborne St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 17 Colborne St?
17 Colborne St is in Rideau Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 17 Colborne St been on the market?
67 days — 17 Colborne St was listed on September 4, 2026.
What is the price per square foot of 17 Colborne St?
About $390 to $613 per square foot: the asking price of $429,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 17 Colborne St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 17 Colborne St have a basement, and is it finished?
The listing describes the basement as: Partially Finished, Walk-Out.
