This property was sold on September 12, 2024. This listing is for reference purposes only. to view the sold price.
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 $609,000 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.
Charming Bungalow nestled along the Otonabee River on nearly half an acre of land, boasting 79 feet of waterfront. This inviting home features a spacious open-concept layout with high vaulted ceilings, offering breathtaking views of the property and the water. With 3 bedrooms, a 3-piecebathroom, and convenient main floor laundry, this home provides both comfort and practicality. Step outside to your private dock, granting direct access to Rice Lake and the Trent Severn Waterway. Plenty of storage in the detached garage/workshop with hydro. Relax in the spacious gazebo overlooking the water. Upgrades include new siding, a steel roof, soffits/fascia/eavestroughs, windows, an electric heat pump/air conditioner and a propane furnace. Perfect for year-round living or as a cottage retreat, this property offers the best of waterfront living, all within a short drive to Peterborough and Highway 115. Don't miss this incredible opportunity to make waterfront living a reality.
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This detached home located at 284 Greenwood Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 708 days. This property is listed at $609,000 with an estimated mortgage of $2,027* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 284 Greenwood 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.Waterfront
Primary Bedroom - Main Floor, Propane Tank, Storage, Water Heater Owned, Water Treatment
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 284 Greenwood 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 $609,000 in Otonabee-South Monaghan, the legal minimum down payment is $35,900 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 $8,655 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 $8,655.
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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.