31 Dewart Lane, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on April 30, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $499,000 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 1500-2000 sqft on a premium 105 x 210 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Sauna, Sump Pump
- Efficient forced air heating via propane
Description
Nestled away on a private lane way, yet only 12 minutes away from Peterborough. A century home having all the character and charm modern designers try to replicate. With original pine floors, tall ceilings, ornate trim, French doors, and many windows there is so much to appreciate. But not everything is original, the sauna, septic, electric panel, propane fireplace and furnace give you peace of mind. Old cheese factory remnants on over half an acre lot and mature trees give this home all the feels one could ask for when looking for a property with one of a kind appeal. Home Inspection available!
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Property Summary
This detached home located at 31 Dewart Lane, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 460 days. This property is listed at $499,000 with an estimated mortgage of $1,661* per month. It has 2 beds, 1 bathroom, and is 1500-2000 square feet. 31 Dewart Lane, 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 31 Dewart Lane, Otonabee-South Monaghan, ON K0L 2B0
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 $499,000 in Otonabee-South Monaghan, the legal minimum down payment is $24,950 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 $6,455 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 $6,455.
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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.