$395,000
Est. payment $1,749/moCalculate yours
42 Willow Road, Otonabee-South Monaghan, ON K9J 0E1
Otonabee-South Monaghan, Otonabee-South Monaghan, ON K9J 0E1
- 2 Beds
- 1 Baths
- 1 Garage
- 700 Sq Ft
Listing courtesy of MinCom Kawartha Lakes Realty Inc. MLS® X13883102
About this home
Discover an affordable opportunity to enjoy year-round waterfront living on the beautiful Otonabee River at 42 Willow! With 108 feet of waterfront, this charming 2-bedroom, 1-bathroom home offers a peaceful setting just a short drive from Peterborough. Featuring 895 square feet of living space, the home offers a comfortable, functional layout with a cozy wood stove and oil heating to keep you warm through the cooler months. Enjoy morning coffee overlooking the river, summer afternoons by the water, and quiet winter evenings beside the fire. A detached 1.5-car garage provides excellent space for parking, storage, or a workshop. Situated on privately leased land at just $3,000 annually, with 2026 property taxes of $1,528.71, this property offers an appealing alternative to traditional freehold waterfront ownership. Whether you’re looking to downsize, escape the city, or settle into a quieter pace of life, this four-season home offers the opportunity to enjoy everything the Otonabee River has to offer, all year long!
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- Partial Basement
Building & Systems
- Heating
- Forced Air (Oil)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 100 x 135 Feet
- Parking
- Attached garage · 6.5 total
Financial
- Property Taxes
- $1,583 (2026)
Location
- Neighbourhood
- Otonabee-South Monaghan
- Cross Street
- Wallace Point Rd. to Driscoll Road
- Direction Faces
- North
Listing
- MLS® Number
- X13883102
- Days on Market
- 9
- Listed On
- 2026-10-09
- Possession
- Immed
- Listed By
- MinCom Kawartha Lakes Realty Inc.
Rooms
Features
Interior
- Auto Garage Door Remote
Property
- Beach
Pool
- None
- Included
- Fridge, Stove,Microwave, Washer, Dryer, Water dispenser, Garage Shelving
Mortgage calculator
Estimated mortgage payment
$1,749 per month
- Principal and interest
- $1,749
- Property tax
- $132
- Condo fees
- $0
- Estimated monthly cost
- $1,881
Your mortgage
- Mortgage amount
- $316,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $208,692
Cash to close
- Down payment
- $79,000
- Land transfer tax
- $4,400
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $83,400
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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