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. (id:28469)
Facts & features
Property
MLS® Number
X14091884
Property Type
Single Family
Community Name
820 - Rideau Lakes (South Elmsley) Twp
Ownership
Freehold
Easement
Unknown
Features
Wooded Area, Irregular Lot Size
View Type
Lake View, Direct Water View
Water Front Name
Otter Lake
Water Front Type
Waterfront On Lake
Building
Bathroom Total
1
Bedrooms Above Ground
2
Bedrooms Total
2
Basement Type
Crawl Space
Construction Style Attachment
Detached
Cooling Type
None
Exterior Finish
Log
Fireplace Present
Yes
Foundation Type
Block
Heating Fuel
Wood
Heating Type
Other
Stories Total
2
Size Interior
700 - 1,100 Sqft
Type
House
Parking
No Garage
—
Land
Access Type
Water Access, Private Docking, Public Docking
Acreage
Yes
Sewer
Septic System
Size Depth
1161 Ft
Size Frontage
253 Ft
Size Irregular
253 X 1161 Ft ; Yes
Size Total Text
253 X 1161 Ft ; Yes|5 - 9.99 Acres
Utilities
Electricity
Installed
Electricity Connected
Connected
Monthly payment estimate
$
Estimated payment—per month
Mortgage amount
—
Total interest
—
Down payments under 20% typically require mortgage default insurance (CMHC), which is not included in this estimate.
Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.
Cost of ownership
Est. monthly payment
$2,435/mo
Ontario land transfer tax
$7,475 one-time
Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.