682 North Shore Drive, Otonabee-South Monaghan, ON

$549,900
MLS#:X9248014
2 beds
2 baths
8.0 parking
Residential Freehold
Loading property media...
⚠️

Property no longer active

This property was sold on October 6, 2024. 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 vinyl siding and metal/steel siding construction, this residence presents an exceptional opportunity offered at $549,900 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 2 Bathrooms
  • Premium 80 x 199.56 ft lot size
  • Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Water Heater Owned, Water Treatment
  • equipped with window unit(s) central cooling and highly efficient forced air heating via propane

Description

Don't miss your chance to see this beautiful home just steps away from Rice Lake! Wake up to the breathtaking sunrise over the water from your expansive front deck, or indulge in mesmerizing stargazing nights under the dark sky. Need some extra space? Retreat to the bunkie, with it's own accessible washroom from the outside of the house! Get out on the lake or into the Trent Canal via nearby marinas, or slip the canoe in with your indirect water access. Inside, grab a seat around the Bamboo top kitchen island if entertaining is your thing! The open concept between kitchen, dining and living room will ensure you won't miss out on a single conversation! Embrace winter with ice fishing, or get the recreational vehicles out and explore wherever you can. The opportunities are truly yours to discover. Make great memories with family and friends near Rice Lake! 20 minute drive to Peterborough, Port hope, Millbrook or the 401. Beautiful updated lighting, freshly painted, Uv water system installed (2023), dishwasher (2023), laundry machines (2024), bathroom updated (2024) and more!

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This detached home located at 682 North Shore Drive, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 708 days. This property is listed at $549,900 with an estimated mortgage of $1,830* per month. It has 2 beds, 2 bathrooms, and is unknown square feet. 682 North Shore 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

Bedrooms
2
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 6, 2024
Sold price information is available to members only
Listed Date8/9/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding, Metal/Steel Siding
BasementCrawl Space
Lot Size80 × 199.56 Feet
CountyPeterborough
Annual Tax$2,050.8
Legal DescriptionPT LT 9 CON A S MONAGHAN PT 1 45R12238 ; T/W R684853 ; OTONABEE-SOUTH MONAGHAN

Parking & Garage

Parking Total8.0
Parking Space8
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Wooded/Treed, River/Stream, Marina, Lake Access, Greenbelt/Conservation

Interior Features

Primary Bedroom - Main Floor, Water Heater Owned, Water Treatment

Security Features

Community Features

Virtual Tours

Location

Initializing map...
682 North Shore Drive, Otonabee-South Monaghan, ON
Loading local market trends...

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 682 North Shore Drive E, Otonabee-South Monaghan, ON K0L 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Otonabee-South Monaghan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$164,970 (30.0%)
* Minimum Canadian down payment required for this price is $29,990.
Amortization Period30 Years
Estimated Monthly Payment$1,830Based on a loan of $384,930 over 30 years.
Purchase Price$549,900
Loan Amount$384,930
Provincial Land Transfer Tax:$7,473
Total Estimated Closing Taxes:$7,473

About Purchasing a Home in Otonabee-South Monaghan, ON

For a property listed at $549,900 in Otonabee-South Monaghan, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Otonabee-South Monaghan, Otonabee-South Monaghan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$827,719

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.