Riverfront Living at Its Finest! Wake up each morning to breathtaking river views and end your day watching spectacular sunsets over the water. This charming riverfront home offers a lifestyle that's hard to match, with opportunities for swimming, canoeing, kayaking, and fishing right from your own backyard.The fully fenced rear yard is a private retreat featuring mature trees, including a beautiful blossoming tree, a fire pit, an expansive deck, and plenty of space for yard games, family gatherings, and summer barbecues. Whether you're entertaining guests or simply enjoying a quiet evening by the river, the setting is truly special.Inside, character and charm abound. A stunning curved staircase, impressive original stained wood baseboards and trim, and hammered-glass pocket doors blend seamlessly with thoughtful modern updates. The inviting floor plan is designed for comfortable everyday living and effortless entertaining, making it easy to host family and friends.The kitchen functional and welcoming, featuring a propane cooktop, generous counter space, and abundant storage. Additional storage can be found throughout the home, including a convenient crawl space. In the winter, cozy up beside the wood stove and enjoy picturesque views of the snow-covered trees-creating the perfect holiday atmosphere and storybook Christmas setting.Conveniently located within walking distance of Timber Run Golf Club, the Fitz Chip Truck, Village Treats, the grocery store, dollar store, pharmacy, LCBO, Canada Post, park, beach, Lanark Library, arena, and community centre. Commuters will appreciate being just 15 min to Perth, 20 min to Carleton Place, and approximately 40 min to Kanata.This home truly is a year-round waterfront lifestyle filled with beauty, recreation, charm, and convenience. Long list of updates is available but include: 2025 Furnace, 2026 TSSA Inspection (10 year), Bell Fibre Internet 2026. GARAGE 14' X 16'5" 48hr irrevoc on all offers OPEN HOUSE Sun May 31:1-3pm
3 bedrooms, 2 bathrooms, about 2,000 sq ft, works out to roughly $285 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 85 South St
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2000-2500 sq ftas stated on the listing
Parking
4 spacesYes garage
Basement
Partially Finished, Full
Features & systems
Parking & garage
Garage
Yes
Parking spaces
4
Interior
Basement
Partially Finished · Full
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
85 South St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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
$2,800
/mo
based on the purchase price of $570,000
$114,000 cash
$456,000 financed
$384,072 total interest
Principal54%$456,000
Interest46%$384,072
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.
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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 Lanark Highlands
Other 3–4 bed homes for sale in Lanark Highlands around $570K.
Average days on market55Homes sold in about 55 days on average.
Sale-to-list ratio94.3%On average, homes sold below asking.
Active listings94Homes for sale here right now.
Median vs prior 90 days−12.4%Compared with Apr 20 – Jul 19, 2026: prices down.
Based on 40 sales from Jul 19 – Oct 17, 2026 (36 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 85 South St
How much is 85 South St listed for?
85 South St is listed at $570,000 (MLS® X13206832). Summitly updates the price as soon as the MLS® record changes.
Is $570,000 a good price for 85 South St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Lanark Highlands. 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 85 South St changed?
Yes — it was first listed at $600,000 and is now $570,000, a drop of $30,000 (5.0%).
How many bedrooms and bathrooms does 85 South St have?
85 South St has 3 bedrooms and 2 bathrooms, with about 2,000–2,500 square feet of living space. It is a detached home in Lanark Highlands.
How much would the monthly mortgage be on 85 South St?
About $2,800 a month — principal and interest on $570,000 with 20% down ($114,000), 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 85 South St compare with other homes in Lanark Highlands?
Its asking price of $570,000 is about 34% above the median sold price in Lanark Highlands over the last 90 days, $426,100, across 40 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 85 South St been sold before?
Summitly has no earlier MLS® sale or lease of 85 South St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 85 South St?
85 South St is in Lanark Highlands, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 85 South St been on the market?
142 days — 85 South St was listed on May 28, 2026.
What is the price per square foot of 85 South St?
About $228 to $285 per square foot: the asking price of $570,000 over the 2,000–2,500 sq ft the listing gives as its size range.
Does 85 South St have parking or a garage?
Yes — the listing gives 4 parking spaces. Garage: Yes.
Does 85 South St have a basement, and is it finished?
The listing describes the basement as: Partially Finished, Full.
