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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 43 days

    8 Saddle Avenue

    Rideau Lakes (South Elmsley) Twp·Rideau Lakes, ON·K7A 4S5·Near Kavanaugh/Bridle Path

    • 2 beds
    Rideau Lakes real estate›X12869534
    • 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

    Welcome to 8 Saddle Ave. Beautifully maintained 2 bedroom, 1 bath mobile home, a long time cherished residence that has been lovingly cared for over the years. Located in the peaceful community of Otterdale Estates, just 5 minutes from all the amenities in Smiths Falls, this home offers an ideal blend of comfort, affordability and convenience in pretty county setting. Step up to the inviting covered front deck, the perfect place to relax and enjoy your morning coffee. Inside you are welcomed with spacious foyer that also serves as a cozy sitting area, warm and inviting, the bright and functional layout continues into the kitchen and dining area featuring ample cabinets and counter space, pantry, breakfast bar all making meal preparation easy while still allowing you to stay connected to family and guests. Just beyond the dining area is comfortable, spacious living room, a welcoming space to relax, watch TV and entertain. Large windows allow natural light to fill the room adding to the warm and inviting feel of the home. Down the hall you will find 2 comfortable bedrooms, each offering generous space, closets/ storage. Lovely 4pc. bath with double sinks, Conveniently located along the hallway is washer/dryer space. Outside you will find a lovely yard with flower beds and large storage shed. *Steel roof 2023. Move in ready and easily maintained this home would be perfect for anyone looking to downsize or start your you next chapter. Call for your personal viewing today!

    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
    Mar 10, 2026ListedCurrentFor sale$195,000 —X12869534This 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

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 8 Saddle Avenue
    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
    $958
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $107
    0.66% 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
      $609,906
      Last 30 days
    • Median sold price
      $552,500
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      72
      MLS® transactions
    Full Rideau Lakes market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 8 Saddle Avenue — 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 8 Saddle Avenue 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 8 Saddle Avenue listed for?

      8 Saddle Avenue is listed at $195,000 on the MLS® (listing X12869534). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 8 Saddle Avenue 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. 1 bath
  2. 700-1100 sqft
  3. MobileTrailer
  4. Asking
    $195,000
    $0 / sqft · MLS® X12869534
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $445,231
    $409,613Confidence range$480,850
    Asking vs estimate
    ↓below
    −$250,231
    (-56.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Rideau Lakes sell in about 42 days — this one has been listed 43 days.

    Avg sold price
    $609,906
    Median sold
    $552,500
    Avg days on market
    42
    Recently sold
    72
    See comparable sales
    AI highlights by Zara
    • Step up to the inviting covered front deck, the perfect place to relax and enjoy your morning coffee.
    • Down the hall you will find 2 comfortable bedrooms, each offering generous space, closets/ storage.
    • Lovely 4pc. bath with double sinks, Conveniently located along the hallway is washer/dryer space.
    • Outside you will find a lovely yard with flower beds and large storage shed. *Steel roof 2023.
    Ask Zara a follow-up
    Septic
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    2
  7. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    7
  8. Exterior & construction

    4
    Exterior
    Vinyl Siding
    Roof
    Metal
    Foundation
    Piers, Post & Pad
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    TBD
    Property style
    Other
    Property class
    MobileTrailer
  10. Room-by-room · 7 rooms

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

    Room dimensions

    Main level

    7 rooms
    • Dining Room
      8.3 × 13.1 ft
    • Primary Bedroom
      14.6 × 10.2 ft
    • Laundry
      7.7 × 5.0 ft
    • Living Room
      15.7 × 13.1 ft
    • Bedroom
      10.2 × 13.1 ft
    • Foyer
      15.6 × 7.3 ft
    • Kitchen
      8.0 × 13.1 ft
    Combined estimate
    $1,065
    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
    $958
    /mo
    based on the purchase price of $195,000
    $39,000 cash
    $156,000 financed
    $131,393 total interest
    Monthly payment$958/ month
    Principal54%$156,000
    Interest46%$131,393

    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.

    Comparable mobiletrailers that just sold in Rideau Lakes

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

    • 1645 County Road 42 Road
      Sold
      Sign in for price
      1645 County Road 42 Road
      MobileTrailer
    • #66 R48 Private
      Sold
      Sign in for price
      #66 R48 Private
      MobileTrailer
    • 188 Tara Lane
      Sold
      Sign in for price
      188 Tara Lane
      MobileTrailer
    • 18 Lake Shore Drive
      Sold
      Sign in for price
      18 Lake Shore Drive
      MobileTrailer
    • 6 Bridle Path
      Sold
      Sign in for price
      6 Bridle Path
      MobileTrailer
    AddressBd / BaSqftSold$/sqft% of askSold
    8 Saddle AvenueThis home2 / 17,001,100$195,000ask———
    1645 County Road 42 Road2 / 1700—
    #66 R48 Private2 / 1700—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More mobiletrailers in Rideau Lakes

    Active listings within ±20% of this asking price.

    • 9 Patterson Boulevard
      $219,900
      9 Patterson Boulevard
      MobileTrailer 4 2
    • 3800 Big Rideau Lake Road
      $189,000
      3800 Big Rideau Lake Road
      MobileTrailer 2 1
    • 4 Kavanagh Drive
      $209,900
      4 Kavanagh Drive
      MobileTrailer 3 1
    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.

  11. One team, no handoffs

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

  12. Showings on YOUR schedule

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

  13. Mortgage that closes

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

  14. Public listing courtesy of RE/MAX AFFILIATES MARQUIS · displayed on Summitly per MLS® data-share rules

    8 Saddle Avenue is a 2-bedroom, 1-bath, 700-1100 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 8 Saddle Avenue built?

    The year built for 8 Saddle Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 8 Saddle Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for 8 Saddle Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 8 Saddle Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $195,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 8 Saddle Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 8 Saddle Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 8 Saddle Avenue in?

    8 Saddle Avenue is in Rideau Lakes (South Elmsley) 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.

  20. 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.

  21. 188 Tara Lane
    2 / 1
    700
    —
    18 Lake Shore Drive1 / 1700—
    6 Bridle Path2 / 1700—