1095 Island View Drive, Otonabee-South Monaghan, ON

$529,000
MLS#:X13646636
Thinking of selling nearby?Your House Sold Guaranteed*
2 beds
1 baths
< 700 sqft
9.5 parking
Residential Freehold
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Property no longer active

This property was sold on August 11, 2026. This listing is for reference purposes only. to view the sold price.

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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 hardboard construction, this residence presents an exceptional opportunity offered at $529,000 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 sqft on a premium 80.04 x 208.3 ft lot
  • 9.5 total parking spaces available with a convenient detached configuration
  • Notable attributes: Carpet Free, Water Heater Owned
  • Efficient forced air heating via propane

Description

Welcome to Fun and Memories on Rice Lake with 80 Feet of Waterfront! This 2-Bedroom Cottage has Been Recently Renovated and Looks Like New but With That Cool Cottage Character, Great Decking and Some of the Best Views Rice Lake has to Offer, Included! This Cottage is Located Just Onto The North Side of the Lake. Rice Lake Hosts Some of The Best Known Fishing in Southern Ontario! Cottage Recently Had a Great Amount of Expensive Improvements Completed for the Next Lucky Owner: New Steel Beams Underneath, Kitchen and Bathroom Upgrade, Insulation, Electrical, Plumbing, Doors, Decks, Cottage Roof, 9000 Gallon Holding Tank and Flooring, 2022! The Drilled Artesian Well Runs Year Round. Sold turn-key if Desired, Including Furnishings and Kitchen Supplies. Propane Furnace. The Lot is a Great Size at just over a Third of an Acre, with an Abundance of Room for An Addition in the Future, or Bunkies. 1.5 Bay Garage. This Cottage Could Eventually be Made to Be a Year-Round Residence. 10 Mins Drive To Bewdley Amenities, LCBO, Restaurants. 20 Mins to 401 at Port Hope/401. 20 Mins to City of Peterborough. So Much to Appreciate.

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*Conditions apply. Contact SousaSells.ca for more info.

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Property Summary

This detached home located at 1095 Island View Drive, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 5 days. This property is listed at $529,000 with an estimated mortgage of $1,761* per month. It has 2 beds, 1 bathroom, and is < 700 square feet. 1095 Island View Drive, 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.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Otonabee-South Monaghan, Otonabee-South Monaghan.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • < 700 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

First-time home buyers, professionals, or investors seeking value.

Target Buyer Match

Key Features

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

Additional Details

StatusSold Conditional
Sold price information is available to members only
Listed Date8/6/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionHardboard
BasementNone
Lot Size80.04 × 208.3 Feet
CountyPeterborough
Annual Tax$2,913
Legal DescriptionPT LT 15 CON A S MONAGHAN AS IN SMO45874; T/W SMO45874; OTONABEE-SOUTH MONAGHAN

Parking & Garage

Parking Total9.5
Parking Space8
Garage TypeDetached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

  • Island
  • Lake/Pond
  • School Bus Route

Interior Features

  • Carpet Free
  • Water Heater Owned

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 1095 Island View Drive, Otonabee-South Monaghan, ON

Q.What is the asking price for 1095 Island View Drive, Otonabee-South Monaghan, ON ?

The current listing price for 1095 Island View Drive, Otonabee-South Monaghan, ON in Otonabee-South Monaghan, Otonabee-South Monaghan is $529,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately < 700 sqft.

Q.What property type and architectural style is 1095 Island View Drive, Otonabee-South Monaghan, ON ?

1095 Island View Drive, Otonabee-South Monaghan, ON is a Detached (Bungalow) featuring a None basement.

Q.What key property features does 1095 Island View Drive, Otonabee-South Monaghan, ON offer?

Key property features include: Island, Lake/Pond, School Bus Route.

Q.What interior features are included in this home?

Interior highlights include: Carpet Free, Water Heater Owned.

Q.Is parking available at this property?

Yes, this property offers parking space for 9.5 vehicles (Detached).

Q.What heating and cooling systems are installed?

Heating is provided via Propane and cooling via None.

Location

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1095 Island View Drive, 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 1095 Island View Drive, Otonabee-South Monaghan, ON K0L 1B0

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Otonabee-South Monaghan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$158,700 (30.0%)
* Minimum Canadian down payment required for this price is $27,900.
Amortization Period30 Years
Estimated Monthly Payment$1,761Based on a loan of $370,300 over 30 years.
Purchase Price$529,000
Loan Amount$370,300
Provincial Land Transfer Tax:$7,055
Total Estimated Closing Taxes:$7,055

About Purchasing a Home in Otonabee-South Monaghan, ON

For a property listed at $529,000 in Otonabee-South Monaghan, the legal minimum down payment is $27,900 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 $7,055 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 $7,055.

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Otonabee-South Monaghan, Otonabee-South Monaghan 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$742,906

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%

Best Schools in Otonabee-South Monaghan, Otonabee-South Monaghan

Elementary Schools

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Secondary Schools

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Otonabee-South Monaghan, Otonabee-South Monaghan Demographic Home information

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.