$399,900
Est. payment $1,771/moCalculate yours
53 Long Island, Otonabee-South Monaghan, ON K0L 1B0
Otonabee-South Monaghan, Otonabee-South Monaghan, ON K0L 1B0
- 3 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX Professionals North MLS® X13545762
About this home
What an opportunity to enter into the Cottage Lifestyle on Rice Lake! This 3 bedroom, 1 bath entry level island waterfront property offers move-in ready, low maintenance cottaging. Dock your boat on the newly installed dock and enjoy a cool beverage lakeside on the new sitting area. A freshly installed kitchen with fridge and stove (included in sale) is just waiting for its first family gathering. The living room/dining room is flooded with lots of natural light, from new windows and patio door, and allows for easy access to a large deck overlooking the water. Pine covered walls are found throughout the main areas of the cottage and the three spacious bedrooms. Maintenance is low with full insulation, new siding, soffits, fascia and eaves. A new steel roof on the front and 5-year-old shingles on the rear plus a new steel roof on the shed keeps ownership costs down. The fresh bathroom offers a new vanity and light fixture. A new subfloor and flooring keep the cottage nice and tidy and a new ductless heat pump and baseboards help to keep the cold at bay. A large rear yard provides plenty of space for the kids to play, veggie gardens or natural oasis away from city lights. Just a short 4 minute boat ride you can be lakeside relaxing in no time.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Extension
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Heat Pump (Electric)
- Cooling
- Other
- Exterior
- Vinyl Siding
- Foundation
- Piers
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 77.1 x 220.32 Feet
- Parking
- None garage
- Zoning
- LSR-2
Financial
- Property Taxes
- $2,541 (2025)
Location
- Neighbourhood
- Otonabee-South Monaghan
- Cross Street
- Wood Duck Rd
- Direction Faces
- West
Listing
- MLS® Number
- X13545762
- Days on Market
- 101
- Listed On
- 2026-07-09
- Listed By
- RE/MAX Professionals North
Rooms
Features
Interior
- Carpet Free
- Primary Bedroom - Main Floor
- Water Heater Owned
Property
- Island
- Lake/Pond
- Other
- Waterfront
Pool
- None
- Included
- Refridgerator, Stove, Dock, Husquvarna Lawn Tractor
- Excluded
- Personal Items
Mortgage calculator
Estimated mortgage payment
$1,771 per month
- Principal and interest
- $1,771
- Property tax
- $212
- Condo fees
- $0
- Estimated monthly cost
- $1,982
Your mortgage
- Mortgage amount
- $319,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $211,281
Cash to close
- Down payment
- $79,980
- Land transfer tax
- $4,474
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $84,454
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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