Welcome to this remarkable 2 1/2 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 $799,000 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.
A VIEW LIKE THIS DOESN'T COME ALONG OFTEN.Perched on just over 2.5 acres, this impressive ~2,900 sq ft all-brick 2.5-storey home offers truly breathtaking panoramic views over Rice Lake and the surrounding countryside-an ever-changing backdrop you'll never get tired of.From the moment you step inside, you'll appreciate the perfect blend of timeless character and thoughtful modern updates. Original trim details, pocket doors, and a stunning staircase showcase the home's craftsmanship, while recent improvements bring comfort and style to today's living.The main floor features a welcoming foyer, a spacious living room filled with natural light, and a formal dining area ideal for entertaining. The beautifully updated kitchen is a standout, complete with a large island, modern finishes, and walkout access to an oversized mudroom with additional storage. A main floor bedroom, laundry, and 2-piece bath add everyday convenience.Upstairs, a unique and functional layout offers four bedrooms accessed by two separate staircases-perfect for families or guests. At the heart of the second level is a stunning, newly renovated bathroom designed for easy access from all bedrooms. You'll also find access to the attic and a walkout to an upper-level porch where the views truly steal the show.The basement provides solid storage space and endless potential for future development.Outside, the property continues to impress with multiple outbuildings, including a large barn, a covered open-faced barn, and a spacious drive shed-ideal for hobbyists, storage, or rural living at its finest.This is a rare opportunity to own a property that offers space, character, and one of the most incredible views in the area.Properties like this don't come around often-don't miss your chance.
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Clear View, Cul de Sac/Dead End, Lake Access, Level, Lake/Pond, School Bus Route
Countertop Range, Floor Drain, Propane Tank, Storage, Sump Pump, Water Heater, Water Treatment, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 840 McGregor Bay Road, Otonabee-South Monaghan, ON K0L 2G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Otonabee-South Monaghan.
About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $799,000 in Otonabee-South Monaghan, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.