59 Almeara Drive, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on July 5, 2025. 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 brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
- 4 Bedrooms and 4 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 224 x 501 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 13.0 total parking spaces available with a convenient attached configuration
- Notable attributes: In-Law Suite
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Experience the perfect blend of tradition and modernity in this all-brick executive bungalow minutes from Peterborough. Situated on a spacious mature 2.5 acre lot in Matchett Meadows/Stewart Hall, enjoy rural serenity with easy highway access. Inside, discover 2200 sq. ft. of main floor living space featuring hardwood floors, an open-concept layout, and abundant natural light. 3 bedrooms, 3 bathrooms, and laundry are all conveniently located on the main floor. The kitchen overlooks the backyard, while the primary bedroom boasts a 5-pc en-suite and private patio access. In-law potential bedroom and new bathroom located on the lower level with access from the stairs to the garage. The outdoor property features mature trees, gardens, a vegetable garden, along with a front pond with a waterfall. With an oversized triple car garage and in-law suite, this home offers both luxury and practicality.
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Property Summary
This detached home located at 59 Almeara Drive, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 501 days. This property is listed at $1,199,000 with an estimated mortgage of $3,991* per month. It has 4 beds, 4 bathrooms, and is 1500-2000 square feet. 59 Almeara 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.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 59 Almeara Drive, 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 $1,199,000 in Otonabee-South Monaghan, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.