671 North Shore Drive, Otonabee-South Monaghan, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $449,000 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 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 75 x 204.8 ft lot
- 2.0 total parking spaces available
- Notable attributes: Other
- Efficient other heating via other
Description
Located on the scenic shores of Rice Lake. The property offers an incredible opportunity to create your dream waterfront retreat. With approx 75 feet of pristine south-facing waterfront, and part of the renowned Trent-Severn Waterway, this lot provides ideal conditions for fishing, boating, and enjoying the stunning natural beauty of the area. There is an existing cottage however the lot is being sold as land value only. Take advantage of the spacious lot for your possible dream home. Many cottages in the area are being upgraded into luxurious homes, making this the ideal time to invest. The property is in a prime location with easy access to all amenities and is just a short drive from Peterborough, Durham Region, and Toronto. The property next door is also for sale at 669 North Shore and is another approx 75 foot lot. The famous butter tarts at the local Bakery are a local treat, and golf enthusiasts will love the proximity to nearby courses. Whether you're looking for a weekend getaway or a full-time residence, this is a rare opportunity to own a piece of Rice Lake waterfront, where you can enjoy serene views, great fishing, and endless boating possibilities. Don't miss your chance to own one or both of these exceptional properties, ideal for building your perfect lakeside retreat! Cottage is not available to view. Being sold as land value only. Property being sold as is where is with no warranties.
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Property Summary
This detached home located at 671 North Shore Drive, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 1 day. This property is listed at $449,000 with an estimated mortgage of $1,495* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 671 North Shore Drive, Otonabee-South Monaghan is in the Otonabee-South Monaghan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 1 bathroom, this home offers ample space and comfort for growing families in Otonabee-South Monaghan, Otonabee-South Monaghan.
- •3 spacious bedroom layout offering versatile living space
- •1 well-appointed bathroom
- •700-1100 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Otonabee-South Monaghan.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- Waterfront
- Clear View
Interior Features
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 671 North Shore Drive, Otonabee-South Monaghan, ON
Q.What is the asking price for 671 North Shore Drive, Otonabee-South Monaghan, ON ?
The current listing price for 671 North Shore Drive, Otonabee-South Monaghan, ON in Otonabee-South Monaghan, Otonabee-South Monaghan is $449,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 1 bathroom across approximately 700-1100 sqft.
Q.What property type and architectural style is 671 North Shore Drive, Otonabee-South Monaghan, ON ?
671 North Shore Drive, Otonabee-South Monaghan, ON is a Detached (Bungalow) featuring a None basement.
Q.What key property features does 671 North Shore Drive, Otonabee-South Monaghan, ON offer?
Key property features include: Waterfront, Clear View.
Q.What interior features are included in this home?
Interior highlights include: Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Other and cooling via None.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 671 North Shore Drive E, Otonabee-South Monaghan, ON K0L 1B0
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 $449,000 in Otonabee-South Monaghan, the legal minimum down payment is $22,450 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 $5,455 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 $5,455.
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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.