$395,000

For sale

42 Willow Road, Otonabee-South Monaghan - Single Family for Sale

42 Willow Road, Otonabee-South Monaghan, Ontario, K9J0E1

2 beds1 bath6 parking900 ft²100 × 135 ft (13,500 sq ft) lot sizeListed 26 days ago

Overview

This 2-bedroom, 1-bathroom home in Otonabee-South Monaghan is for sale offering roughly 900 sq ft of space. Listed at $395,000, it is attractively priced about 29% below the $559,000 median asking price in Otonabee-South Monaghan. It has been on the market 26 days, fresher than the Otonabee-South Monaghan average of 97 days.

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Description

Discover an affordable opportunity to enjoy year-round waterfront living on the beautiful Otonabee River at 42 Willow! With 108 feet of waterfront, this charming 2-bedroom, 1-bathroom home offers a peaceful setting just a short drive from Peterborough. Featuring 895 square feet of living space, the home offers a comfortable, functional layout with a cozy wood stove and oil heating to keep you warm through the cooler months. Enjoy morning coffee overlooking the river, summer afternoons by the water, and quiet winter evenings beside the fire. A detached 1.5-car garage provides excellent space for parking, storage, or a workshop. Situated on privately leased land at just $3,000 annually, with 2026 property taxes of $1,528.71, this property offers an appealing alternative to traditional freehold waterfront ownership. Whether you're looking to downsize, escape the city, or settle into a quieter pace of life, this four-season home offers the opportunity to enjoy everything the Otonabee River has to offer, all year long! (id:66096)

Property Details

MLS®: X13883102
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 6
Interior Size: 900 ft²
Lot Size: 100 × 135 ft (13,500 sq ft)
Frontage: 100 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Forced air, Oil
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Living room: 5.61 x 2.69 meters
Family room: 5.46 x 95 meters
Dining room: 2.87 x 2.87 meters
Kitchen: 2.87 x 2.97 meters
Bedroom: 2.87 x 2.87 meters
Bedroom: 2.97 x 2.9 meters
Laundry room: 1.88 x 2.85 meters
Bathroom: 2.31 x 2.87 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Microwave, Garage door opener remote(s)
Foundation: Block
Exterior: Vinyl siding

Services

Water: Lake/River Water Intake
Sewer: Septic System
Utilities: Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

26d

Otonabee-South Monaghan listings, avg age

97d

Price / ft²

$439

List price

$395K

Haho

This 2-bed single family in Otonabee-South Monaghan has been listed for 26 days, which is 71 days fresher than the city average of 97. Act while there is still low competition.

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Listed by MinCom Kawartha Lakes Realty Inc. · Roger Currier

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K9J)

This home lists at $395,000, about 5.4× the local median household income of $72,500.

Carrying it typically needs a household income of about $77,157 (20% down, 25-yr amortization, stress-tested) — roughly 6% above the area median.

Median household income: $72,500
Population: 44,547
Median age: 44
Owner / renter: 62% / 38%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K9J)

$395,000· $439/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,750

Min 5%50%

Mortgage payment$2,080/mo

↳ CMHC premium ($15,010 capitalized)

Property tax (est.)$132/mo

Total monthly$2,212

Cash Needed to Close

Down payment (5%)$19,750

Land transfer tax$4,400

Est. closing costs$3,685

Total cash needed$27,835

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