This property was sold on June 25, 2025. This listing is for reference purposes only. to view the sold price.
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 $300,000 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.
**Overview of Exceptional Country Building Lot** Discover the perfect opportunity to build your dream home just southeast of Peterborough in the charming Township of Otonabee-South Monaghan. This expansive .46-acre building lot, located at the northeast corner of Wallace Point Road and Savigny Road, features impressive frontage of over 111 feet and a generous depth of 180 feet, providing ample space for a spacious ranch-style bungalow or a wide, open floor plan that suits your lifestyle.Enjoy the benefits of country living with convenient access to major transportation routes leading to the Greater Toronto Area. This lot is situated on a township road, ideal for families, with a school bus route nearby and schools within close proximity.With community water service hook-up already installed valued at $15,000this property is ready for you to create a remarkable residence with great curb appeal. Imagine designing large, well-proportioned rooms, a welcoming front veranda, and inviting outdoor spaces that become your personal retreat.Nearby amenities include parks, a library, a community center, and the beautiful Squirrel Creek Conservation Area, all just a stone's throw away. This tranquil setting offers low taxes, allowing you to enjoy a rural lifestyle while being close to city conveniences.The owner is considering a vendor take-back mortgage, providing a unique opportunity to assist you with financing your building plans. Local builders are available and eager to help bring your vision to life. Don't miss your chance to secure this versatile building lot in a desirable township, where you can create a stunning home tailored to your needs!
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This vacant land located at 00 Savigny Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 610 days. This property is listed at $300,000 with an estimated mortgage of $999* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 00 Savigny Road, Otonabee-South Monaghan is in the Otonabee-South Monaghan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.School Bus Route
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 00 Savigny Road, Otonabee-South Monaghan, ON K9J 6Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Otonabee-South Monaghan.
About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $300,000 in Otonabee-South Monaghan, the legal minimum down payment is $15,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,975 for this transaction. As this listing is in Otonabee-South Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,975.
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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.