1106 Island View Dr. Drive, Otonabee-South Monaghan, ON

$499,000
MLS#:X12935058
3 beds
1 baths
< 700 sqft
4.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $499,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning < 700 sqft on a premium 80 x 187 ft lot
  • Features a ["crawl space"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 4.0 total parking spaces available
  • Notable attributes: Propane Tank, Water Heater Owned
  • equipped with ["none"] central cooling and highly efficient baseboard heating via electric

Welcome to your perfect lakeside escape-an inviting and beautifully maintained 3-bedroom, 1-bathroom cottage set in a scenic community just steps from Rice Lake. With deeded water access directly across the street, this sun-filled, south-facing retreat offers stunning views and an effortless blend of comfort and charm. Inside, you'll discover a bright, open-concept living and dining space, highlighted by large windows that flood the home with natural light. At the heart of the cottage is a cozy, updated kitchen, perfect for entertaining and creating lasting memories with family and friends. This turnkey property comes fully furnished and is ready for immediate enjoyment. Whether you're looking for a year-round residence or a seasonal getaway, this cottage is designed to be enjoyed in every season. Step outside to a generous outdoor space ideal for relaxing, entertaining, or enjoying lakeside living at its best. Take a short stroll to the nearby marina or enjoy dining at the local lakeside restaurant; everything you need is just moments away. Perfect as a personal retreat or a savvy investment, this property offers excellent short and long-term rental potential. Whether you're searching for a weekend escape or a family cottage, this charming lakeside gem truly has everything you need to inspire your dreams.

Upcoming Open Houses

Friday, June 12, 20262:00 PM - 4:00 PMPublic

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date3/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionVinyl Siding
Lot Size80 × 187 Feet
CountyPeterborough
Annual Tax$1,736
Legal DescriptionPT LT 15 CON A S MONAGHAN AS IN R570605; T/W R570605; OTONABEE-SOUTH MONAGHAN

Parking & Garage

Parking Spaces4.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
Cooling["None"]

Features

Property Features

Community Features

Location

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1106 Island View Dr. Drive, Otonabee-South Monaghan, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Otonabee South Monaghan, Otonabee South Monaghan.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1106 Island View Dr. Drive, Otonabee-South Monaghan, ON K0L 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Financial Audit

Estimated Costs

Loan Amount$399,200
Monthly Mortgage$2,319
Property Tax (Est.)$145
Utilities & Maint.$350
Total Monthly Cost$2,814

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Otonabee-South Monaghan.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.