260 Cedar Bank Road, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on July 16, 2026. This listing is for reference purposes only. to view the sold price.
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 $699,900 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 700-1100 sqft on a premium 199 x 243 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Auto Garage Door Remote, Carpet Free, On Demand Water Heater
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Welcome to your own slice of paradise on the Otonabee River! Perfectly situated on a beautifully landscaped 1/2 acre waterfront lot. This meticulously maintained 3-bedroom home offers breathtaking views, exceptional privacy, and direct access to the renowned Trent-Severn Waterway. From the moment you arrive, you'll appreciate the outstanding pride of ownership and the spectacular grounds featuring lush gardens, mature trees, three storage sheds, a large gazebo and your own private dock ... perfect for boating, fishing, swimming, or simply enjoying the peaceful waterfront setting. From your dock, enjoy a scenic 15-minute boat ride to Rice Lake, or spend the day exploring hundreds of kilometers of interconnected waterways on the Trent-Severn Waterway. Inside the home features a professionally built oversized sunroom designed to capture the stunning river views year-round, creating the perfect place to relax or entertain family and friends. A 1.5 car -garage provides plenty of room for your vehicle, workshop, or additional storage. Numerous recent upgrades offer peace of mind, including an updated septic system, updated water system, renovated bathroom, 200-amp electrical service, and a professionally installed generator-ready electrical system, making this home ready for all seasons. Located just 10 minutes south of Peterborough, this exceptional property offers the perfect blend of waterfront living and everyday convenience. Whether you're looking for a year-round residence or the ultimate recreational retreat, 260 Cedarbank Road is a rare opportunity to enjoy the very best of life on the water.
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Property Summary
This detached home located at 260 Cedar Bank Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 6 days. This property is listed at $699,900 with an estimated mortgage of $2,330* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 260 Cedar Bank 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.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Cul de Sac/Dead End, Waterfront
Interior Features
Auto Garage Door Remote, Carpet Free, On Demand Water Heater, Sump Pump, Water Heater Owned, Water Softener, Water Treatment
Security Features
None
Community Features
Location
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 260 Cedar Bank 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.
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About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $699,900 in Otonabee-South Monaghan, the legal minimum down payment is $44,990 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 $10,473 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 $10,473.
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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.