1 Butterfield Island, Rideau Lakes

$550,000
1 Butterfield Island

$550,000

New
6d
Detached1 1/2 Storey

1 Butterfield Island, Rideau Lakes

Total Monthly Obligation $2,886

Beds
2
Baths
1
Park
0
Sqft
700-1100
DOM
6d
Property Type-Detached
MLS® Number-X14091884
Beds-2
Bathrooms-1
Size-700-1100 sqft
Lot Size-253 × 1161 ft
Listed on site-Oct 17, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,504 (2025)
Parking-None
Basement-Crawl Space
Heating-Other (Wood)
Brokerage-REAL BROKER ONTARIO LTD.
Cooling-None
Laundry-No
Fireplace-Yes
Pool-None
Facing-North
Exterior-Log, Other
Roof-Asphalt Shingle
Foundation-Block, Other
Sewer-Septic
Possession-TBD
Neighbourhood-820 - Rideau Lakes (South Elmsley) Twp
Title-Residential Freehold

No agent assigned

360 Degrees of Waterfront Paradise! If you've ever dreamed of owning your own private island, this is your chance! Welcome to Butterfield Island, a spectacular 9.4 acre retreat offering privacy, natural beauty and endless potential. Just 10 minutes beyond Smiths Falls and a scenic 5-minute canoe ride from the mainland, this is the ultimate waterfront escape with the luxury of hydro! To the east, enjoy access to the public dock and your own shared private piece of mainland for parking and docking. To the west, breathtaking sunsets, stunning lake views and gradual, rocky, weed-free waterfront create the perfect setting for swimming and relaxing. The island features multiple cottages and outbuildings, each with its own charm. The adorable, sturdy log cottage offers an open-concept kitchen and living area with a cozy upper loft featuring 2 beds. Perched near the island's highest point, the yellow cottage captures incredible lake views through wall-to-wall windows. While some repairs are needed, it features a kitchen, woodstove, bedroom and 3-piece bathroom. A third cottage would need renovations or demolishing. A steel Quonset building provides excellent year-round storage for boats, tools and equipment, while a tucked-away outhouse is ideal for guests and camping weekends. With cottages thoughtfully spaced apart, there's plenty of room for everyone to enjoy their own private escape, along with exciting potential for rental opportunities. Explore over 4 acres of beautiful forest and trails, featuring a stunning mix of elevated rocky outcrops, dense woodland and peaceful clearings. Wildlife is abundant, with frequent sightings of bald eagles and loons. All furniture and contents included with the exception of a few items. Whether you envision a private family retreat, a gathering place for generations or a unique waterfront investment, Butterfield Island is a rare opportunity to own something truly special. Nine acres, endless shoreline and unforgettable sunsets.

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Closing Costs

Mortgage Amount
$440,000
Land Transfer Taxes$7,475
Legal Fees (Est.)
$
Total cash required for closing$118,975

Total Monthly Obligation

$2,886/mo
Mortgage $2,219
Monthly Loss $2,302
Principal$584
Interest$1,635
Property Tax$292
Home Insurance$125
Variable Costs$250

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1 Butterfield Island

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