825 Southview Drive, Otonabee-South Monaghan, ON
Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium stone and wood construction, this residence presents an exceptional opportunity offered at $1,499,900 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.
- 5 Bedrooms and 6 Bathrooms
- Generous living space spanning 2500-3000 sqft on a premium 70.14 x 182.1 ft lot
- Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via propane
Description
Experience the best of Rice Lake living at this exceptional year-round waterfront retreat. Offering 5 bedrooms, 6 bathrooms, and a fully finished walkout basement, this home is designed for gathering, entertaining, and making lasting memories.The spacious eat-in kitchen with wood stove is the heart of the home, while the main-floor bedroom with ensuite is ideal for guests or multi-generational living. Upstairs, the impressive primary suite features a walk-in closet, propane fireplace, luxurious 5-piece ensuite, and stunning lake views.Outside, enjoy just over 100 feet of waterfront, a marine structure to store your boat with rooftop deck, screened-in gazebo, detached shop/future bunkie, beautifully landscaped grounds, and breathtaking views across Rice Lake. Complete with a double car garage and located just 20 minutes from Peterborough, this is waterfront living at its finest.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 825 Southview Drive, Otonabee-South Monaghan, ON K0L 1B0
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About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $1,499,900 in Otonabee-South Monaghan, the legal minimum down payment is $299,980 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 $26,473 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 $26,473.
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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.