78 Ivey Lane, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on February 11, 2026. 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 construction, this residence presents an exceptional opportunity offered at $495,000 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
- Premium 77 x 230 ft lot size
- 3.0 total parking spaces available
- Notable attributes: Guest Accommodations
- Efficient forced air heating via propane
Description
Fabulous opportunity to own a mini-resort style property ! Updated 2 bedroom cottage, Plus a two storey boat house with a spacious upper level guest quarters, located on the waters edge ! Perfect southern exposure with a weed free rock and sand frontage. This beautiful .4+ acre property backs onto woods and lies at the end of a private year-round road. Experience peace and privacy only an hour or so from the GTA. The property is being sold under Notice of Sale by the First Mortgagee on an As Is, Where Is basis, with No Warranty Given or Implied. Possible Vendor Take-Back Mortgage with a fifty-percent down payment.
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Property Summary
This detached home located at 78 Ivey Lane, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 565 days. This property is listed at $495,000 with an estimated mortgage of $1,648* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 78 Ivey 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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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 78 Ivey Lane, Otonabee-South Monaghan, ON K0L 2G0
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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 $495,000 in Otonabee-South Monaghan, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.
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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.