505 Foley Road, Otonabee-South Monaghan, ON

$550,000
MLS#:X13234984
2 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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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 $550,000 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.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 70 x 150 ft lot
  • 8.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Heater Owned
  • equipped with other central cooling and highly efficient baseboard heating via electric

Description

Exceptional Rice Lake waterfront property offering approximately 70 feet of shoreline and stunning panoramic lake views. Located on a privately maintained year-round road, this charming cottage presents a rare opportunity to enjoy waterfront living in one of the area's most desirable locations.The bright, open-concept interior features generous living, dining, and kitchen spaces designed to capture the beauty of the lake. Recent updates include improved insulation, updated windows, and a modern PVC dock system. A spacious detached shed/workshop provides excellent storage for tools, water toys, and recreational equipment.Enjoy endless outdoor activities including boating, fishing, kayaking, swimming, and winter snowmobiling. Whether you're seeking a peaceful family getaway, a year-round waterfront residence, or a prime lot for future redevelopment, this property offers outstanding flexibility and potential.Conveniently situated near local amenities, marinas, and the Village of Keene, with easy access to Peterborough and Highway 115. Experience the best of waterfront living and create lasting memories on beautiful Rice Lake.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size70 × 150 Feet
CountyPeterborough
Annual Tax$2,062.64
Legal DescriptionPt Lt 11 Con 4 Otonabee As In R248363; T/W **

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Cul de Sac/Dead End, Lake/Pond, Marina, Waterfront

Interior Features

Carpet Free, Water Heater Owned

Security Features

Community Features

Location

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505 Foley Road, Otonabee-South Monaghan, ON
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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 505 Foley Road, Otonabee-South Monaghan, ON K0L 2G0

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.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$172
Utilities & Maint.$350
Total Monthly Cost$3,079

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.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Otonabee South Monaghan, Otonabee South Monaghan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City 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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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.