537 Foley Road, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on October 25, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised 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 $975,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 134 x 157 ft lot
- Features a finished with walk-out, full 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: Bar Fridge, Carpet Free, Floor Drain
- equipped with other central cooling and highly efficient heat pump heating via electric
Description
Lake Views! This is the 4-season waterfront escape you've been waiting for; pack up the family & the fishing rods and check it out along with the Fall colours! Located on the north shore of Rice Lake, along the scenic Trent Severn Waterway, this open-concept raised bungalow offers stunning lake views right from your couch, kitchen sink, deck or lower level. Enjoy top-notch fishing just steps from your door, and relax on the composite deck with plexiglass panels for unobstructed views. The main floor features a bright, open kitchen with centre island - perfect for family meals - living/dining area and a spacious primary bedroom with walkout. The lower level includes two additional bedrooms, a cozy Rec room with wood stove, and a walkout to the backyard, making it ideal for guests and family gatherings. A 4pc bath upstairs and 2pc bath downstairs add to the convenience. Outdoors, you'll find a flat yard with 130+feet of water frontage, the dock and boat lift ready for your lake adventures, and you're just minutes from Elmhirt's Resort, Keene and 3 golf courses. The oversized double car garage with workshop space, electric furnace and an additional 200-amp service is a standout feature for hobbyists and gear storage. Extras include forced air electric furnace with heat pump, vaulted cedar ceiling on upper level, steel roof on house, LeafFilter Gutter Protection, septic system, UV light system, tinted windows, 200amp service and a lower deck wired for a hot tub. Whether you're looking for a year-round residence or a lakeside getaway, this extra wide property offers the perfect mix of comfort, charm, and location. Nearby highlights: Keene Rec Centre, Lang Pioneer Village, Trans Canada Trail. Peterborough 30 min. (Casino, Costco), GTA 1.5+hrs, Port Hope 45 min. Hastings 15 min. Set on a private road; $245/year for road maintenance and snow removal. On school bus route; located at Foley Rd./Lakeside Rd.
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Property Summary
This detached home located at 537 Foley Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 428 days. This property is listed at $975,000 with an estimated mortgage of $3,245* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 537 Foley 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
Waterfront, Lake/Pond, Lake Access, Golf, Cul de Sac/Dead End, Rec./Commun.Centre
Interior Features
Bar Fridge, Carpet Free, Floor Drain, Primary Bedroom - Main Floor, Rough-In Bath, Suspended Ceilings, Water Softener, Sewage Pump
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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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 537 Foley Road, Otonabee-South Monaghan, ON K0L 2G0
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 $975,000 in Otonabee-South Monaghan, the legal minimum down payment is $72,500 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 $15,975 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 $15,975.
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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.