$859,900
Est. payment $3,807/moCalculate yours
40 Ivey Lane, Otonabee-South Monaghan, ON K9J 6X8
Otonabee-South Monaghan, ON K9J 6X8
- 3 + 1 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of Century 21 United Realty Inc. MLS® X13578952
About this home
Rice Lake Waterfront Retreat - The Ideal Family Compound! Welcome to this meticulously maintained 3+1 bedroom, 2+1 bathroom home set along the shores of Rice Lake. An incredible destination known for its boating, fishing, and year-round enjoyment.The main floor offers a bright, open-concept living and dining area with beautiful hardwood floors, a functional kitchen, a cozy sitting room (easily converted back into a fifth bedroom), and a convenient main-floor bedroom. Upstairs provides a quiet retreat with two additional bedrooms and a 2-piece bath. The fully finished walkout lower level extends the living space with a cozy family room, fourth bedroom, 3-piece bath, laundry, and a spacious utility room. Complete with a separate entrance and screened room, ideal for in-law or multi-generational living.Enjoy coveted southeast exposure with breathtaking sunrise, sunset, and wildlife views. The impressive 22-foot sunroom showcases lovely views over Rice Lake, while newer front and back decks (less than 5 years old) offer great outdoor living space. Additional highlights include a durable steel roof (8 years old), 48 foot dock, a high-quality drinkable water system with excellent pressure, three functional outbuildings, and a fenced area for pets or hobbies. Conveniently located close to amenities and emergency services. Experience peaceful waterfront living on Rice Lake!
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Full, Finished
Building & Systems
- Heating
- Forced Air (Oil)
- Cooling
- Central Air
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 86 x 205.26 Feet
- Parking
- None garage · 6 total
Financial
- Property Taxes
- $5,861 (2025)
Location
- Cross Street
- Paudash Street
- Direction Faces
- East
Listing
- MLS® Number
- X13578952
- Days on Market
- 93
- Listed On
- 2026-07-17
- Possession
- Flexible
- Listed By
- Century 21 United Realty Inc.
Rooms
Features
Interior
- In-Law Capability
Pool
- None
- Included
- Fridge, Stove, Microwave, Washer, Dryer, Window Coverings, Freezer, 48 foot Dock
Mortgage calculator
Estimated mortgage payment
$3,807 per month
- Principal and interest
- $3,807
- Property tax
- $488
- Condo fees
- $0
- Estimated monthly cost
- $4,296
Your mortgage
- Mortgage amount
- $687,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $454,315
Cash to close
- Down payment
- $171,980
- Land transfer tax
- $13,673
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $185,653
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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