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Renanza Realty
For sale

337/338 RAINBOW DRIVE

Otonabee-South Monaghan, Ontario

MLS® X13561740

$549,000

Status
Active
Property type
House
MLS® number
X13561740
Bedrooms
3
Bathrooms
1
Year built
—

Listing description

Seasonal waterfront cottage on the Otonabee River near Peterborough, offering two lots, direct river access, a dock, water views, detached garage, and easy access to Rice Lake and the Trent-Severn Waterway. Enjoy the Kawartha cottage lifestyle from this raised bungalow featuring 3 bedrooms, 1 bathroom, and an open-concept kitchen/living area with walkout to a large deck-ideal for BBQs, entertaining, morning coffee, and relaxing by the water. The newer lower level offers approximately 8' ceiling height, a walkout, and a spacious open area with potential for a games room, lounge, hobby space, or future finished living area.

A bathroom and laundry rough-in add further flexibility. At the shoreline, stairs lead to the water and dock, with shallow entry, mixed shoreline, and direct Otonabee River access for boating, fishing, swimming, and paddling. A second lot across the road provides valuable additional space, privacy, parking, and a detached garage for vehicles, boats, and cottage equipment.

The lot measures approximately 44. 92' at the front, 99. 97' and 93.

91' along the sides, and 22. 81' at the rear. Future use is subject to zoning, conservation, and municipal approvals.

The property is also understood to benefit from two rights-of-way for water access; buyers are encouraged to verify their use and legal status. Approximately 15 minutes from Peterborough and 90 minutes from Toronto, with Squirrel Creek Conservation Area, public beach, boat launch, picnic areas, Rice Lake, and the Trent-Severn Waterway nearby. Discover the possibilities this Otonabee River cottage property has to offer-contact your REALTOR to arrange a private viewing.

Property summary

MLS® number
X13561740
Property type
Single Family
Building type
House
Title
Freehold
Land size
85 x 102 FT
Annual property taxes
$2,641.00
Parking
6 spaces · Detached Garage, Garage
Days on market
78 days

Features & details

Heating
Heat Pump, Electric
Cooling
Central air conditioning
Basement
Partially finished, N/A
Appliances
Refrigerator, Dishwasher, Stove, Water Heater
Exterior features
Vinyl siding
View
Direct Water View
Waterfront
Waterfront on river
Architectural style
Bungalow

What would this home cost you?

Based on the $549,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$2,554 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RE/MAX HALLMARK EASTERN REALTY, Lakefield.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.