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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 48 daysPrice drop · $19,100 off (-2.6%)

    22 Water Street E

    Rideau Lakes (Bastard) Twp·Rideau Lakes, ON·K0G 1V0·Near Hwy 15 & Campbell St

    Rideau Lakes real estate›X13100130
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    NEW PRICE & Open house saturday, june 20 2-4! Have you always dreamed of living on the water, but your budget can't get you there? Or maybe you have a vision of running a charming B&B or owning a lakefront vacation rental property? Now is your chance! Don't miss this rare opportunity to experience waterfront living without the waterfront price tag in charming Portland village: perhaps one of Eastern Ontario's best kept secrets - centrally located an hour from Kingston & Ottawa. Nestled on a large, fenced lot and directly across from a waterfront heritage park, you'll enjoy unobstructed sunset views from the south shore of Big Rideau Lake. Life in this quiet & inclusive lakefront community feels unspoiled, but still buzzes with year-round activity & neighbourly camaraderie, boasting marinas, restaurants w/ live music, a trendy coffee shop, "Skate the Lake" every winter & other convenient amenities just steps away. Don't miss the newly-built community hall & library building right next door, home to markets, fitness classes & other vibrant community gatherings. Built in 1885, this 4-bed, 4-bath home stands proud as one of Portland's most historic properties, dating back to the Rideau's thriving steamboat cruise era. The home has been thoroughly & thoughtfully updated over the years, offering modern luxuries while maintaining irreplicable features like wide-planked original pine floors, soaring ceilings & intricate woodworking both inside & outside the home. With lush perennial gardens & extensive exterior updates - including new siding, windows & doors, roof, front porch w/ pergola & armourstone (2016/17) - this stately property is well-revered by residents. So, get ready to soak up summer in this exquisite & turnkey home in endearing Portland village: Dig your toes into the sandy public beach just a stone's throw from home; slip your kayak in the water at the dock across the street; picnic under the gazebo's shade as you watch the boats come into the bay at sunset.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 23, 2026Price reducedCurrentReduced$709,900−$19,100 (2.6%)X13100130This page
    May 7, 2026ListedCurrentFor sale$729,000 —X13100130This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Forced Air
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 22 Water Street E
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Fenced Yard
    • Marina
    • Rec./Commun.Centre
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,488
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $163
    0.28% mill rate · ON
    The market

    How this home sits in the Rideau Lakes market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Rideau Lakes market right now

    Average sold price, days on market, and closed-transaction count for Rideau Lakes — sourced from MLS®.

    • Avg sold price
      $611,427
      Last 30 days
    • Median sold price
      $555,000
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      73
      MLS® transactions
    Full Rideau Lakes market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 22 Water Street E — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 22 Water Street E and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 22 Water Street E listed for?

      22 Water Street E is listed at $709,900 on the MLS® (listing X13100130). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 22 Water Street E have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 4 beds
  2. 4 baths
  3. 2000-2500 sqft
  4. Detached
  5. Built 100+
  6. Asking
    $709,900
    $0 / sqft · MLS® X13100130
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $721,484
    $663,765Confidence range$779,203
    Asking vs estimate
    ≈in-line
    −$11,584
    (-1.6%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Rideau Lakes sell in about 42 days — this one has been listed 48 days.

    Avg sold price
    $611,427
    Median sold
    $555,000
    Avg days on market
    42
    Recently sold
    73
    See comparable sales
    AI highlights by Zara
    • NEW PRICE & Open house saturday, june 20 2-4!
    • Have you always dreamed of living on the water, but your budget can't get you there?
    • Nestled on a large, fenced lot and directly across from a waterfront heritage park, you'll enjoy unobstructed sunset views from the south shore of Big Rideau Lake.
    • With lush perennial gardens & extensive exterior updates - including new siding, windows & doors, roof, front porch w/ pergola & armourstone (2016/17) - this stately property is well-revered by residents.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Detached
    Garage spaces
    1
    Parking spaces
    4
    Driveway
    Private
  9. Interior

    5
    Basement
    Unfinished
    Family room
    Y
    Kitchens
    1
    Total rooms
    10
    Laundry level
    Main Level
  10. Exterior & construction

    5
    Exterior
    Wood
    Roof
    Asphalt Shingle
    Foundation
    Poured Concrete, Stone
    View
    Lake, Garden, Water, Skyline, Panoramic, Bay, Park/Greenbelt, Trees/Woods
    Pool
    None
  11. Lot & land

    1
    Year built
    100+
  12. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    2-Storey
    Property class
    Detached
  13. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    6 rooms
    • Bedroom
      12.9 × 12.3 ft
    • Kitchen
      15.7 × 13.0 ft
    • Living Room
      15.9 × 15.7 ft
    • Bathroom
      8.5 × 6.7 ft
    • Dining Room
      14.9 × 12.3 ft
    • Office
      9.6 × 9.4 ft

    Second level

    6 rooms
    • Bedroom
      17.1 × 10.5 ft
    • Bathroom
      7.3 × 4.1 ft
    • Bathroom
      7.7 × 5.4 ft
    • Primary Bedroom
      15.6 × 12.8 ft
    • Bathroom
      7.7 × 4.7 ft
    • Bedroom
      10.7 × 10.5 ft
  14. Waterfront
  15. Lake/Pond
  16. Combined estimate
    $3,651
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,488
    /mo
    based on the purchase price of $709,900
    $141,980 cash
    $567,920 financed
    $478,338 total interest
    Monthly payment$3,488/ month
    Principal54%$567,920
    Interest46%$478,338

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Rideau Lakes

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 566 Highway 15 Highway
      Sold
      Sign in for price
      566 Highway 15 Highway
      Detached
    • 38 Wills Road
      Sold
      Sign in for price
      38 Wills Road
      Detached
    • 3183A Thousand Acre Road
      Sold
      Sign in for price
      3183A Thousand Acre Road
      Detached
    • 18 O9 Road
      Sold
      Sign in for price
      18 O9 Road
      Detached
    • 9727 Highway 42
      Sold
      Sign in for price
      9727 Highway 42
      Detached
    • 31 Colborne Street
      Sold
      Sign in for price
      31 Colborne Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    22 Water Street EThis home4 / 420,002,500$709,900ask———
    566 Highway 15 Highway3 / 2700—
    38 Wills Road3 / 11,100—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Rideau Lakes

    Active listings within ±20% of this asking price.

    • 83 Broadview Avenue
      $668,800
      83 Broadview Avenue
      Detached 3 2
    • 3 Tower Road
      $569,900
      3 Tower Road
      Detached 3 2
    • 28 ANGLICAN CHURCH Road
      $695,000
      28 ANGLICAN CHURCH Road
      Detached 3 2
    • 7 Brock Street
      $579,900
      7 Brock Street
      Detached 3 2
    • 97 Golf Club Road
      $789,900
      97 Golf Club Road
      Detached 3 2
    • 4782 Briton-Houghton Bay Road
      $679,900
      4782 Briton-Houghton Bay Road
      Detached 3 3
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of EXIT REALTY MATRIX · displayed on Summitly per MLS® data-share rules

    22 Water Street E is a 4-bedroom, 4-bath, 2000-2500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 22 Water Street E built?

    22 Water Street E was built in 100+. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  22. What is the property tax for 22 Water Street E?

    The 'Property tax' tab in the History section shows the most recent annual tax for 22 Water Street E plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 22 Water Street E?

    The affordability calculator on this page shows an estimated monthly mortgage for $709,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 22 Water Street E been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 22 Water Street E with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 22 Water Street E in?

    22 Water Street E is in Rideau Lakes (Bastard) Twp, Rideau Lakes. The 'Neighbourhood' section below links to the live Rideau Lakes real estate hub with average sold price, days on market, and current inventory.

  26. Is Rideau Lakes a good place to live?

    Rideau Lakes is one of ON's actively-tracked Summitly markets. The full Rideau Lakes real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  27. 3183A Thousand Acre Road
    3 / 2
    1,500
    —
    18 O9 Road3 / 2700—
    9727 Highway 423 / 31,500—
    31 Colborne Street6 / 12,000—