A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 281 Rainbow Dr, Otonabee-South Monaghan Ontario K0L 1B0
11 days on Market

281 Rainbow Dr, Otonabee-South Monaghan, Ontario K0L 1B0

Detached
3 + 1
2
~< 700 sqft
$857,000
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Detached
3 + 1
2
~< 700 sqft

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Highlights

Property Estimate

Days on market11 days

Estimated valueNot available

Price/Sqft$612/sqft

Monthly cost

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Description

Client RemarksAbsolutely stunning riverfront cottage situated on the tranquil Otonabee River at Rice Lake. This fully furnished, all-season bungalow showcases four bedrooms, two bathrooms, and two well-appointed kitchens. The inviting open-concept layout creates a warm and cozy atmosphere, making it the perfect setting for intimate gatherings or lively get-togethers. For outdoor enthusiasts, this property is a dream come true. Enjoy the convenience of a BBQ, a fire pit, and comfortable lawn chairs, all set amidst the natural beauty of the surroundings. Water activities are plentiful, thanks to a private dock that's perfect for swimming. The dock is also equipped with an electric covered boat lift, a boat slip, and a marine rail for easy access to the river. Additional amenities include two sheds and a charming gazebo. Security system and cameras in place so you can rest easy! Oil heater was replaced in 2025 to a propane heater for all of your heating needs.


Property Details

StyleBungalow
View-
Age of property-
SqFt~< 700 SqFt
Lot Size8,905 SqFt(111.19 x 80.09)
Parking Spaces4
MLS ®NumberX12479727
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byGFA REALTY LTD.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Fin W/O

Main Floor

Living

7.62 x 3.2

Broadloom / W/O To Deck / Vaulted Ceiling

Kitchen

5.09 x 3.65

Laminate / Window

Primary

3.35 x 2.74

Window / Vaulted Ceiling

2nd Br

3.2 x 2.28

Window / Vaulted Ceiling


Features

Lot size: 8,905 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Oct 24, 2025
ListedActive
$857,000
11 days on market
history photo preview31
Listing by trreb®
Property listed by GFA REALTY LTD., Brokerage
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Market Data - Otonabee-South Monaghan

Geo Zone Map ThumbnailOtonabee-South Monaghan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

53 days

Compared to

2024

124 days

2023

27 days

2022

36 days

New Listings

Past 30 days

27 listings

Compared to

2024

12 listings

2023

26 listings

2022

21 listings

Units sold

Past 30 days

7 units

Compared to

2024

5 units

2023

8 units

2022

19 units

Median Sold Price

Past 30 days

$668,000

Compared to

2024

$594,000

2023

$437,500

2022

$730,000


Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

0 to 19
20%
20 to 34
15%
35 to 49
16%
50 to 64
25%
65 and plus
24%

Household composition (%)

Single family
75%
Single person
22%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget