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. (id:2493)
Property Type:
Single Family
Common Interest:
Freehold
Property Attached:
No
Living Area (Min):
2,000 sq. ft.186 m2
Living Area (Max):
2,500 sq. ft.232 m2
Taxes:
$2,334.83 /
-
Community:
818 - Rideau Lakes (Bastard) Twp
Features:
Separate Electricity Meters, Separate Heating Controls
Exterior Features:
Brick
Community Features:
School Bus, Community Centre
Security Features:
Smoke Detectors
Structure Type:
House
Utilities:
Electricity, Cable
Appliances Included:
Washer, Refrigerator, Water softener, Stove, Dryer, Water Heater
Listed by ROYAL LEPAGE PROALLIANCE REALTY, BROKERAGE
Data was last updated August 19, 2026 at 04:45 PM (UTC)
Area Statistics
Listings on market:
30
Avg list price:
$607,500
Min list price:
$149,900
Max list price:
$1,799,000
Avg days on market:
57
Min days on market:
0
Max days on market:
302
These statistics are generated based on the current listing's property type
and located in
818 - Rideau Lakes (Bastard) Twp. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
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