843 Pleasant Point Road, Otonabee-South Monaghan, ON

$999,000
MLS#:X12104988
0 beds
0 baths
< 700 sqft
Residential Freehold
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⚠️

Property no longer active

This property was sold on June 26, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Other farm located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $999,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Generous living space spanning < 700 sqft on a premium 1950.7 x 1681 ft lot
  • 0.0 total parking spaces available
  • Notable attributes: None
  • Efficient heating via other

Description

A rare Gem not to miss!! This 99.37-acre property offers a perfect blend of farmland and wooded areas, plus the added bonus of breathtaking waterfront along the Otonabee River. Nestled off the road for ultimate privacy, it still provides easy access to local amenities, making it ideal for those seeking both seclusion and convenience. Whether you're envisioning a grand estate, exploring agricultural ventures, or seeking a land investment with growth potential, this property ticks all the boxes. With building permits available in designated non-conservation areas (subject to approval), the possibilities are vast-see attached document for more details. The land is actively farmed by a tenant farmer, with approximately 64 acres of the property currently workable. This offers immediate income potential, and the buyer may qualify for farm tax rebate incentives (to be verified). Enjoy the benefits of rural countryside living while staying within easy reach of urban amenities. Located just a short drive from Peterborough and Port Hope, and only an hours commute to Toronto, this property is perfectly positioned for those who want the best of both worlds. HST is applicable to the sale. This property truly offers it all: privacy, income potential, and exceptional connectivity to nearby cities. Don't miss this incredible opportunity! Property is currently rented to a Farmer. The 2 for sale signs on the 4th line represent the approximate property frontage.99.37 acres of active farmland (64 acres of workable) and wooded areas. Waterfront access to Otonabee River. Building permits available in non conservation areas through the Town. Potential for farm tax rebate (to be verified). Close proximity to Peterborough, Port Hope, and the Tri-Lakes System. Excellent highway access.

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Property Summary

This farm located at 843 Pleasant Point Road, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 449 days. This property is listed at $999,000 with an estimated mortgage of $3,325* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 843 Pleasant Point 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

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 26, 2025
Sold price information is available to members only
Listed Date4/25/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeFarm
Architectural StyleOther
ConstructionOther
BasementNone
Lot Size1950.7 × 1681 Feet
CountyPeterborough
Annual Tax$2,016.85
Legal DescriptionPT LT 8 CON 4 S MONAGHAN AS IN R626858; OTONABEE-SOUTH MONAGHAN

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeNone

Heating & Cooling

Heat SourceOther

Features

Property Features

Lake/Pond, River/Stream, Rolling, Waterfront

Interior Features

None

Security Features

Community Features

Location

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843 Pleasant Point Road, Otonabee-South Monaghan, ON
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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 843 Pleasant Point Road, Otonabee-South Monaghan, ON K0L 1B0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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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$299,700 (30.0%)
* Minimum Canadian down payment required for this price is $74,900.
Amortization Period30 Years
Estimated Monthly Payment$3,325Based on a loan of $699,300 over 30 years.
Purchase Price$999,000
Loan Amount$699,300
Provincial Land Transfer Tax:$16,455
Total Estimated Closing Taxes:$16,455

About Purchasing a Home in Otonabee-South Monaghan, ON

For a property listed at $999,000 in Otonabee-South Monaghan, the legal minimum down payment is $74,900 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 $16,455 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 $16,455.

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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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.