505 Foley Road, Otonabee-South Monaghan, ON

$550,000
MLS#:X13234984
2 beds
1 baths
700-1100 sqft
8.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow"] detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $550,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 70 x 150 ft lot
  • Features a ["none"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Carpet Free, Water Heater Owned
  • equipped with ["other"] central cooling and highly efficient baseboard heating via electric

One of the Best Waterfront Locations on Rice Lake! Rare opportunity to own an upgraded and renovated waterfront cottage with 70 feet of shoreline frontage on beautiful Rice Lake. Situated on a year-round privately maintained road, this property offers breathtaking lake views and spectacular sunrises right from your doorstep.The cottage features a spacious open-concept kitchen, living, and dining area designed to maximize waterfront views. Recent improvements include full insulation, newer windows, and an upgraded PVC docking system, making it ideal for year-round enjoyment. A large shed/workshop provides additional storage and workspace.Whether you're looking for a seasonal retreat, a year-round waterfront residence, or a future building site, this exceptional property offers tremendous potential. Build your dream home and enjoy the ultimate waterfront lifestyle with boating, fishing, snowmobiling, and outdoor recreation right at your doorstep.Conveniently located just minutes from the Village of Keene and within easy reach of Peterborough and Highway 115.

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Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementNone
Lot Size70 × 150 Feet
CountyPeterborough
Annual Tax$2,062.64
Legal DescriptionPt Lt 11 Con 4 Otonabee As In R248363; T/W **

Parking & Garage

Parking Spaces8.0
Garage Spaces8
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingOther

Features

Property Features

Cul de Sac/Dead End, Lake/Pond, Marina, Waterfront

Interior Features

Carpet Free, Water Heater Owned

Security Features

Community Features

Location

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505 Foley Road, Otonabee-South Monaghan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Foley Road, Otonabee-South Monaghan, ON K0L 2G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$440,000
Monthly Mortgage$2,557
Property Tax (Est.)$172
Utilities & Maint.$350
Total Monthly Cost$3,079

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Otonabee-South Monaghan.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Otonabee South Monaghan, Otonabee South Monaghan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$850,000

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.