40 photos
337/338 RAINBOW Drive, Otonabee-South Monaghan, ON K0L 1B0
Otonabee-South Monaghan · Otonabee-South Monaghan · K0L 1B0
$499,900
About this property
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.
Details
- Property type
- Detached · Residential Freehold
- Bedrooms
- 3
- Bathrooms
- 1
- Living area
- < 700 sq ft
- Lot
- 85 × 102 Feet
- Style
- Bungalow
- Heating
- Heat Pump · Electric
- Cooling
- Central Air
- Water
- Lake/River
- Sewer / septic
- Holding Tank
- Basement
- Partially Finished
- Garage
- Detached
- Parking total
- 6
- Taxes
- $2,641 (2025)
Rooms
| Room | Level | Size | Notes |
|---|---|---|---|
| Kitchen | Main | 8' 6" × 9' | |
| Living Room | Main | 13' × 18' | |
| Main | 7' × 7' 9" | ||
| Bedroom | Main | 8' × 11' 8" | |
| Bedroom | Main | 8' × 8' | |
| Bedroom | Main | 7' 8" × 10' 8" | |
| Bathroom | Main | 0' × 0' |
Location
Approximate location, placed by postal code. Postal code data © GeoNames (CC BY 4.0).
Payments on this home
Estimated monthly payment
$2,213
Principal and interest only, using Canadian semi-annual compounding. Taxes, insurance, and CMHC premiums (required under 20% down) are extra. For planning, not a lending commitment.
Listing courtesy of RE/MAX HALLMARK EASTERN REALTY. Listing data provided by the originating real estate board via PropTx Amplify Syndication.
The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Information is deemed reliable but not guaranteed accurate. Room measurements are deemed reliable but not guaranteed.