Re-listed 29 days ago

337/338 RAINBOW Dr, Otonabee-South Monaghan, Ontario K0L 1B0

Detached
3
1
~< 700 sqft
$•••,•••
$549,000
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Detached
3
1
~< 700 sqft

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Highlights

Property Estimate

Days on market29 days

Total days on market
104 days

Estimated valueNot available

Price/Sqft$392/sqft

Monthly cost

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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 Details

StyleBungalow
View-
Age of property-
SqFt~< 700 SqFt
Lot Size8,670 SqFt(102 x 85)
Parking Spaces6
MLS ®NumberX13561740
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byRE/MAX HALLMARK EASTERN REALTY

Features

Heating: Heat Pump
Cooling: Central Air
Basement: Part Fin

Main Floor

Living

3.96 x 5.48

Bathroom

0.0 x 0.0

Br

2.33 x 3.25

Br

2.43 x 2.43


Features

Lot size: 8,670 SqFt

Parking

Garage spaces 1

Garage type Detached

Other parking spaces 5

Total parking spaces 6


Property History

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Price changeActive
$•••,•••
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Re-listed
$•••,•••
29 days on market
history photo preview40
Listing by trreb®
Property listed by RE/MAX HALLMARK EASTERN REALTY, Brokerage
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Market Data - Otonabee-South Monaghan

Geo Zone Map ThumbnailOtonabee-South Monaghan

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

48 days

Compared to

2025

53 days

2024

48 days

2023

53 days

New Listings

Past 30 days

32 listings

Compared to

2025

26 listings

2024

25 listings

2023

41 listings

Units sold

Past 30 days

18 units

Compared to

2025

14 units

2024

14 units

2023

23 units

Median Sold Price

Past 30 days

$586,500

Compared to

2025

$755,000

2024

$775,500

2023

$359,000


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