820 Rahmel Road, Otonabee-South Monaghan, ON
Property no longer active
This property was sold on August 6, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey rural residential located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,099,900 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 2000-2500 sqft on a spacious lot (Feet)
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Auto Garage Door Remote, Storage, Upgraded Insulation
- equipped with central air central cooling and highly efficient forced air heating via electric
Description
Picturesque cape cod style home on 8 acres overlooking the Otonabee River. This property is what dreams are made of. Imagine sitting on your covered front porch with no other houses in site, gazing at the river in the distance. Offering 3 spacious bedrooms including a primary bedroom with walk-in closet and a 4th, office or nursery all on the second floor. Large principal rooms including a living/dining combo. Immerse yourself in relaxation while enjoying a hot tub in your sunroom overlooking the country side. The kitchen has ample cupboard and counter space and a retro Elmira wood burning cookstove that just oozes with country charm. Additional main floor family room or formal dining room with fireplace. The full height lower level can be finished to your desire and offers an abundance of storage. Attached garage with room for 3 cars and a drive through. Drop your kayak into the Otonabee River via a deeded right-of-way a short walk down the road. The 8 acres is a mix of landscaped, perennial gardens, pastures and woods. There is also an artesian well on the property. The location offers peacefulness and privacy yet only being a short drive into Peterborough for all of your amenities.
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Property Summary
This rural residential located at 820 Rahmel Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 726 days. This property is listed at $1,099,900 with an estimated mortgage of $3,661* per month. It has 3 beds, 2 bathrooms, and is 2000-2500 square feet. 820 Rahmel 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
Clear View, Lake Access, River/Stream, Wooded/Treed
Interior Features
Auto Garage Door Remote, Storage, Upgraded Insulation, Water Softener, Water Treatment
Security Features
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 820 Rahmel Road, 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 $1,099,900 in Otonabee-South Monaghan, the legal minimum down payment is $219,980 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 $18,473 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 $18,473.
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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.