Enjoy peaceful lakeside living on Troy Lake, a quiet lake in the Rideau Lakes area with no public access. This 2-bedroom, 1-bathroom waterfront bungalow offers approximately 95 ft of east-facing shoreline and level access to the water, making it an ideal setting for relaxing, entertaining, and enjoying the outdoors. The home sits on a concrete foundation and features vaulted ceilings, vinyl siding, an asphalt roof, electric baseboard heating, and a mini-split heat pump for year-round comfort. Inside, you enter into an open and bright kitchen and living area that is a welcoming and functional living space. The kitchen has a centre island that conveniently houses the washer and dryer. The bedrooms and bathroom are at the back side of the home with an entrance to the basement via a floor hatch with stairs below. Step onto the large deck and enjoy peaceful lake views and the sounds of nature. The large dock with easterly views is perfect for boating, fishing, or soaking up the morning sun. A fire pit provides the perfect spot for evening gatherings. Additional features include a drilled well and septic system, storage shed, and a unique shed with woodstove that could make a great bunkie, studio, or hangout space. Starlink internet provides reliable connectivity while you enjoy the privacy and tranquility of the lake. With level access to the water, a private setting and a comfortable bungalow with a concrete foundation with easy year round access, this property offers a great opportunity for a home on the water, cottage getaway or year-round retreat.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $927 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 368 Troy Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
4 spaces
Basement
Unfinished
Features & systems
Parking & garage
Parking spaces
4
Interior
Basement
Unfinished
Lot & land
Lot size (sqft)
0.69
Listing & possession
Property style
Bungalow
Property class
Detached
368 Troy Lake Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13875530$649,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 368 Troy Lake Rd Compares to the Rideau Lakes Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$3,188
/mo
based on the purchase price of $649,000
$129,800 cash
$519,200 financed
$437,303 total interest
Principal54%$519,200
Interest46%$437,303
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 PropTx 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 PropTx 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.
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Similar homes for sale nearby in Rideau Lakes
Other 2–3 bed homes for sale in Rideau Lakes around $649K.
Average days on market58Homes sold in about 58 days on average.
Sale-to-list ratio94.7%On average, homes sold below asking.
Active listings192Homes for sale here right now.
Median vs prior 90 days−8.3%Compared with Apr 11 – Jul 10, 2026: prices down.
Based on 97 sales from Jul 10 – Oct 8, 2026 (64 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 368 Troy Lake Rd
How much is 368 Troy Lake Rd listed for?
368 Troy Lake Rd is listed at $649,000 (MLS® X13875530). Summitly updates the price as soon as the MLS® record changes.
Is $649,000 a good price for 368 Troy Lake Rd?
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 368 Troy Lake Rd changed?
No — 368 Troy Lake Rd is still listed at its original asking price of $649,000.
How many bedrooms and bathrooms does 368 Troy Lake Rd have?
368 Troy Lake Rd 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 368 Troy Lake Rd?
About $3,188 a month — principal and interest on $649,000 with 20% down ($129,800), 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 368 Troy Lake Rd compare with other homes in Rideau Lakes?
Its asking price of $649,000 is about 35% above the median sold price in Rideau Lakes over the last 90 days, $480,000, across 97 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 368 Troy Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 368 Troy Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 368 Troy Lake Rd?
368 Troy Lake Rd is in Rideau Lakes, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 368 Troy Lake Rd been on the market?
368 Troy Lake Rd was listed today (October 8, 2026).
What is the price per square foot of 368 Troy Lake Rd?
About $590 to $927 per square foot: the asking price of $649,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 368 Troy Lake Rd have parking or a garage?
Yes — the listing gives 4 parking spaces.
Does 368 Troy Lake Rd have a basement, and is it finished?
The listing describes the basement as: Unfinished.
