About this property

Rarely does a place like this come for sale, a triplex in the quiet village of Portland, sitting just a block from Big Rideau Lake. 2 units rented and one under renovation due to be completed in September makes it the perfect opportunity for an owner occupied investment property. One bedroom main floor unit, the next main floor unit has 2 bedrooms above and was updated throughout, and the last unit has 2 bedrooms with a modern country kitchen, pot lights and an upper deck with seasonal views of the lake. All units have separate hydro meters, one unit heats with a propane furnace and the others are baseboard, meaning all utilities are on the tenants, and each unit has their own laundry as well. All windows have been updated over time. Added attic insulation +/- 2019. Enjoy all the local amenities the village has to offer such as banks, LCBO, shops, restaurants, marinas, post office, newer library and community hall and a public beach with boat launch just a block away. Live in one unit and have the other 2 cover your mortgage, or rent it out and make some money. Buyer must assume the existing tenants in the 2 units.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	X13609112
Status	Active
Listing Type	For Sale
Property Type	Single Family Home
Interior Size	2,000 sq ft
Beds / Baths	5 bed · 3 bath
Neighbourhood	818 - Rideau Lakes (Bastard) Twp
City	Rideau Lakes
Postal Code	K0G 1V0
Province	ON
Listed Date	July 27, 2026
Days on Market	10
Price per Sq Ft	$240
Brokerage	ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE