29 Almeara Drive, Otonabee-South Monaghan, ON

$399,000
MLS#:X8438020
0 beds
0 baths
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable [] vacant land located in the coveted neighborhood of Otonabee-South Monaghan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $399,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Premium 229 x 538 ft lot size
  • Features a [] basement, adding superb versatility for recreation, a home gym, or extra storage
  • Notable attributes: None
  • equipped with [] central cooling

Approximately 3-acres of vacant land, located just 10 minutes South-East of Peterborough, is ready for your dream home. This double" is situated in a prestigious area surrounded by fine homes. This prime piece of real estate offers a unique opportunity with a drilled well already in place, it's primed for immediate construction. The size of the lot also allows for the potential addition of a secondary unit, ideal for multi-generational living or extra rental income. Discover the endless possibilities this exceptional lot has to offer!

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Key Features

000
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 30, 2024
Sold price information is available to members only
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size229 × 538 Feet
CountyPeterborough
Annual Tax$40
Legal DescriptionPT LT 19 CON 16 OTONABEE BEING PART 5 ON PLAN 45R16555 TOWONSHIP OF OTONABEE-SOUTH MONAGHAN

Heating & Cooling

Cooling[]

Features

Property Features

Community Features

Location

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29 Almeara 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 29 Almeara Drive, Otonabee-South Monaghan, ON K9J 6Y3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$319,200
Monthly Mortgage$1,855
Property Tax (Est.)$3
Utilities & Maint.$350
Total Monthly Cost$2,208

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.