857 Third Line, Otonabee-South Monaghan, ON

$799,900
MLS#:X8398728
3 beds
2 baths
8.0 parking
Residential Freehold
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Property no longer active

This property was sold on July 9, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $799,900 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
  • Premium 120 x 200.11 ft lot size
  • Features a full, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Auto Garage Door Remote, Water Heater Owned, Water Softener
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Country roads take you home to this well maintained home situated on a large lot with mature trees. Home features hardwood floors, 2 gas fireplaces, newer kitchen with Quartz counters, walk-out to deck overlooking the rolling hills to the south. Main floor family room features walk-out to 2nd large deck, also has vaulted ceilings and skylights which add height and brightness to this lovely room. Main floor laundry conveniently located close to garage entrance and 2pc powder room. Upper level has 3 large bedrooms master with walk-in closet. Full unspoiled basement with another walk-out. Property is located within 2 kms of Rice Lake Boat Launch for the fishing enthusiast. Easy access to Hwy 28 and County Road 2.

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Property Summary

This detached home located at 857 Third Line, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 775 days. This property is listed at $799,900 with an estimated mortgage of $2,663* per month. It has 3 beds, 2 bathrooms, and is unknown square feet. 857 Third Line, 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

Bedrooms
3
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 14, 2024
Sold price information is available to members only
Listed Date6/3/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Vinyl Siding
BasementFull, Walk-Out
Lot Size120 × 200.11 Feet
CountyPeterborough
Annual Tax$3,500
Legal DescriptionCON 2 PT LOT 11 RP 39R560 PART 1

Parking & Garage

Parking Total8.0
Parking Space6
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Greenbelt/Conservation, School Bus Route

Interior Features

Auto Garage Door Remote, Water Heater Owned, Water Softener

Security Features

Community Features

Location

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857 Third Line, 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 857 Third Line, 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.

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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$239,970 (30.0%)
* Minimum Canadian down payment required for this price is $54,990.
Amortization Period30 Years
Estimated Monthly Payment$2,663Based on a loan of $559,930 over 30 years.
Purchase Price$799,900
Loan Amount$559,930
Provincial Land Transfer Tax:$12,473
Total Estimated Closing Taxes:$12,473

About Purchasing a Home in Otonabee-South Monaghan, ON

For a property listed at $799,900 in Otonabee-South Monaghan, the legal minimum down payment is $54,990 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 $12,473 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 $12,473.

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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.