This property was sold on July 5, 2024. This listing is for reference purposes only. to view the sold price.
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,175,000 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.
Stunning modern family home (2020) with ICF construction boasting a 2-bedroom in-law suite nestled on 0.74 acres backing onto farmland. Open concept main level with 14' ceilings offers bright front living room with large windows, Napoleon fireplace w rustic mantle & oak staircase. Beautiful chef's kitchen with large island w quartz waterfall countertop, ss appliances, great storage, open dining area & large patio doors leading to expansive covered deck. Inviting primary suite w walk-in closet (w laundry rough-in), 4pc ensuite with soaker tub & double vanity & walk-out to deck. Main level completed with 2 additional spacious bedrooms with large windows & double closets, 3pc bath with glass tiled shower & mudroom with large closet & garage access. Bright lower level with above grade windows features an in-law suite with 2 large bedrooms, open living/dining/kitchen area & 4pc bath. Laundry & large adaptable unfinished utility/storage room with separate entrance. The 285sf covered deck with Trex decking & glass railings feels like an extension of the interior with lots of useable space overlooking the fully-fenced yard with above ground pool, play structure and tonnes of room for games & entertainment. Airy 952sf garage with separate side entrance and basement walk-up offers lots of space for parking, storage & workspace. Located on a quiet country road just north of Rice Lake just a short drive to Peterborough & Highway 28. Modern living meets rural tranquility with this absolute turn-key home offering multi-generational accomodations and/or ample living space for a single family.
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This detached home located at 994 Third Line, Otonabee-South Monaghan is currently for sale and has been available on SousaSells for 753 days. This property is listed at $1,175,000 with an estimated mortgage of $3,911* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 994 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.Campground, Fenced Yard, Golf, Lake/Pond, Place Of Worship
In-Law Suite, On Demand Water Heater, Primary Bedroom - Main Floor, Sump Pump, Storage, Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 994 Third Line, 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.
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 $1,175,000 in Otonabee-South Monaghan, the legal minimum down payment is $235,000 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 $19,975 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 $19,975.

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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.