An exceptional waterfront property on Wollaston Lake that I believe presents a unique and compelling opportunity. This property boasts 530 feet of stunning shoreline and offers breathtaking, world-class sunsets.The main residence is quite substantial, featuring eight self-contained units with the capacity to comfortably host up to 25 guests. It includes a total of nine bathrooms and a main floor laundry for added convenience. Over the past three years, the property has undergone significant updates, including new flooring in many units, renovated bathrooms, a recently installed 25KW automated generator, updated window coverings, a new propane furnace, pot lights, new security cameras, a comprehensive water filtration system, and new water pumps. The property has already demonstrated strong rental income growth, with approximately $150,000 in bookings scheduled for the 2025 season, indicating its immediate income-generating potential.In addition to the main house, there is a charming, self-contained two-bedroom, one-bathroom cottage with its own private shoreline, offering a sense of privacy ideal for extended family or additional rental income. Furthermore, right at the water's edge, you'll find a beautiful two-storey wet slip double boathouse. This impressive structure includes a large second-storey flex room, a versatile space perfect for events, a yoga studio, or a games room. The superior construction quality is evident throughout all the buildings on the property.Beyond the existing structures, there is also additional land across the road with potential for future development, offering exciting possibilities for expansion or further investment. Approximately 2.5 hours from the GTA and Ottawa, this property offers tremendous value due to its unique features, income potential, and future possibilities.
For sale
C$2,290,000
461 The Ridge Rd, Wollaston, ON K0L 1P0
9beds
8baths
Single Family Residence
Built in ----
0.97 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
- 139 days
- on Zillow |
- 26 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: July 07, 2025 at 12:06pm
Listed by:
BALL REAL ESTATE INC.
Source: TRREB,MLS®#: X12032061
Originating MLS®#: Central Lakes Association of REALTORS

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 8
Heating
- Forced Air, Oil
Cooling
- None
Features
- None
- Basement: Full
- Has fireplace: No
Interior area
- Living area range: 3500-5000 null
Property
Parking
- Total spaces: 8
- Parking features: Private
Features
- Patio & porch: Deck
- Exterior features: Privacy, Private Dock
- Pool features: None
- Has view: Yes
- View description: Lake
- Has water view: Yes
- Water view: Lake,Direct
- Waterfront features: Boathouse, Winterized, Direct
Lot
- Size: 0.97 Acres
- Features: Irregular Lot, Fenced Yard, Library, Place Of Worship, Rec./Commun.Centre, School, School Bus Route
Details
- Additional structures: Aux Residences
- Parcel number: 401230259
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Stone, Vinyl Siding
- Foundation: Concrete
- Roof: Tile
Utilities & green energy
- Sewer: Septic
- Water: Lake/River, Drilled Well
Community & HOA
Community
- Security: Alarm System
Location
- Region: Wollaston
Financial & listing details
- Annual tax amount: C$9,634
- Date on market: 3/20/2025
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