29 days on Market

53 Long Island, Otonabee-South Monaghan, Ontario K0L 1B0

Detached
3
1
~700-1100 sqft
$499,900
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Detached
3
1
~700-1100 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$584/sqft

Est. Mortgage$2,147/mo

Tax Amount (2024)$2,400/yr

Days On Market29 days


Description

Spring is Here-time for cottage season to begin! Enjoy this extensively renovated island cottage on Long Island, Rice Lake. This fully insulated cottage features, new windows and main door. New siding, soffits, fascia and eaves. Put your mind at ease knowing there is a new steel roof on the front and 5-year-old shingles on the rear plus a new steel roof on the shed. Indoors you will find a new freshly installed kitchen just waiting for its first family gathering. The fresh bathroom offers a new vanity and light fixture. As you enter the cottage, the new wood wall coverings add a welcoming pine smell. The new subfloor and flooring provide easy maintenance and durable living space. A new ductless heat pump and baseboards help to keep the cold at bay. Throughout the cottage, there are new switches and plugs and light fixtures. The property has a spacious rear yard with space for the children to play. The property is just a few minute's boat ride from the mainland which will allow you to be relaxing on the dock in no time. Just 90 minutes from the GTA, Rice Lake is known for it's spectacular fishing, boating and family friendly atmosphere.


Property Details

StyleBungalow
ViewWater
Age of property-
SqFt~700-1100 SqFt
Lot Size16,986 SqFt(220.32 x 77.1)
Parking Spaces-
MLS ®NumberX12127545
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byROYAL HERITAGE REALTY LTD.

Features

Heating: Forced Air
Cooling: Wall Unit

Main Floor

Dining

3.43 x 2.5

W/O To Deck

3rd Br

3.47 x 3.26

Utility

2.25 x 1.22

Living

3.44 x 5.95

W/O To Deck / W/O To Water / Cathedral Ceiling


Features

Lot size: 16,986 SqFt

Property History

May 6, 2025
ListedActive
$499,900
29 days on market
history photo preview32
Listing by trreb®
Property listed by ROYAL HERITAGE 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

29 days

Compared to

2024

33 days

2023

42 days

2022

16 days

New Listings

Past 30 days

46 listings

Compared to

2024

39 listings

2023

51 listings

2022

49 listings

Units sold

Past 30 days

4 units

Compared to

2024

13 units

2023

24 units

2022

17 units

Median Sold Price

Past 30 days

$1,020,000

Compared to

2024

$484,000

2023

$620,000

2022

$820,000


Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

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

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