5525 RIDEAU ROAD

About this residence

An exquisite multi-family waterfront sanctuary with lucrative Airbnb potential! This exceptional 3-level home on the picturesque shores of Little Cranberry Lake, part of the renowned Rideau Canal system, redefines luxury and versatility. Perfect as a lavish family retreat, a multi-generational residence, or a high-income investment property, this expansive home spans over 5,000 sq/ft and offers endless opportunities. Tucked away at the end of a quiet cul-de-sac, the property provides rare privacy, tranquillity, and sweeping lake views from multiple tiered decks overlooking your own waterfront. Enjoy swimming, boating, and relaxing on the brand-new dock (2024), with convenient lock access to neighbouring lakes. Each level has its own private entrance and kitchen, creating ideal spaces for independent living or rental income. MAIN LEVEL (1,939 sq/ft)is designed as a bungalow from the street view. This level features 3 spacious bedrooms, 2 bathrooms, a generous kitchen, dining room, and a sunken living room that flows seamlessly to a large upper deck. A mudroom/laundry room and direct access to the attached double-car garage add practicality. MIDDLE LEVEL offers 2 additional bedrooms, a stylish 3-pc bathroom, and a magnificent great room with kitchen and walkout to the second-tier deck with stunning lake vistas. LOWER LEVEL includes another bedroom, a bathroom, and a great room that opens to the backyard. A workshop with exterior access provides excellent storage and hobby space. Additional highlights include a modern propane furnace, a merged double lot for enhanced privacy and future development potential, and a sandy shoreline ready to be revitalized for swimming and boating. Whether you dream of a luxury waterfront lifestyle, a peaceful cottage escape, or a profitable investment, this one-of-a-kind property offers it all.Schedule your private showing today. (id:61366)