$499,000
669 North Shore Drive E, Otonabee-South Monaghan, ON L0B 1E0
Beds
Baths
Parking
Located on the scenic shores of Rice Lake. The property offers an incredible opportunity to create your dream waterfront retreat. With approx 75 feet of pristine south-facing waterfront, and part of the renowned Trent-Severn Waterway, this lot provides ideal conditions for fishing, boating, and enjoying the stunning natural beauty of the area.There is an existing cottage however the lot is being sold as land value only.Take advantage of the spacious lot for your possible dream home. Many cottages in the area are being upgraded into luxurious homes, making this the ideal time to invest. The property next door is for sale at 671 North Shore and is also another approx 75 foot lot.The property is in a prime location with easy access to all amenities and is just a short drive from Peterborough, Durham Region, andToronto. The famous butter tarts at the local Bakery are a local treat, and golf enthusiasts will love the proximity to nearby courses.Whether you're looking for a weekend getaway or a full-time residence, this is a rare opportunity to own a piece of Rice Lake waterfront, where you can enjoy serene views, great fishing, and endless boating possibilities. Don't miss your chance to own one or both of these exceptional properties, ideal for building your perfect lakeside retreat! Cottage is not available to view. Being sold as land value. Property being sold as is where is with no warranties.

Property Summary

Property Type Commercial
Property Sub Type Land
Transaction Type For Sale
Possession IMMEDIATE/TBA

Building

Building Type Land
Square Footage 0.356
Building Area Units Acres

Measurements

Lot Size 75 x 212.9
Lot Size Units Feet
Frontage 75
Depth 212.9
Total Living Area 0.356

Land

Address 669 North Shore Drive E, Otonabee-South Monaghan, ON L0B 1E0
City Otonabee-South Monaghan
Community Otonabee-South Monaghan
County / Area Peterborough
Cross Street HWY 28/2
Sewer Septic
Parcel Number 280200185

Taxes and Listing Info

List Price $499,000
Annual Taxes $2,754
Tax Year 2025
Status Active
Listing Date 2026-05-09T02:53:25Z
Updated 2026-05-22T17:50:29Z
MLS Number X13106320
Local Market Insight

What Buyers Should Know About 669 North Shore Drive E, Otonabee-South Monaghan, ON L0B 1E0

This editorial summary helps buyers look beyond the headline price and review the neighbourhood, transit, schools, rental demand, long-term value, and due-diligence items that often matter before booking a showing or submitting an offer.

Neighbourhood Analysis

669 North Shore Drive E, Otonabee-South Monaghan, ON L0B 1E0 is positioned in Otonabee-South Monaghan, a part of Otonabee-South Monaghan where buyers should compare the street setting, nearby amenities, daily travel routes, and surrounding housing stock. For a Land, the strongest fit often depends on whether the location supports everyday routine as well as the numbers on paper.

School And Family Considerations

Families reviewing this Land should confirm school boundaries directly with the local school boards before relying on listing notes. It is also worth checking walkability to parks, childcare, recreation centres, libraries, and community facilities because these details can influence both lifestyle value and future resale demand.

Transit And Access

The location should be assessed around commute patterns, access to HWY 28/2, public transit options, parking availability, and drive times to employment areas. A property with available parking and practical road access can appeal to buyers who need convenience without giving up neighbourhood quality.

Investment Potential

At $499,000, buyers should compare recent nearby sales, days on market, condition, lot utility, and the cost of future repairs or upgrades. The property shows available bedrooms, available bathrooms, basement details marked as to be confirmed, and a lot size of 75 x 212.9, all of which can affect value.

Rental Demand

If this property is being reviewed as a rental or investment, demand should be measured by bedroom count, transit access, employment access, nearby schools, parking, and the condition of the unit or home. In Otonabee-South Monaghan, rental appeal usually improves when a property is easy to maintain and simple for tenants to live in.

Local Attractions And Amenities

Buyers should look at grocery access, restaurants, trails, parks, shopping, medical services, and weekend amenities around Otonabee-South Monaghan. These features do not always appear in the MLS data, but they can make a major difference in how the home feels after move-in and how future buyers compare it.

Builder, Condition, And Due Diligence

For resale homes, review renovations, permits, roof and mechanical age, exterior condition, inclusions, and rental items. For condo or newer properties, review building history, maintenance fees, reserve fund information, rules, amenities, and future cost exposure. A showing and document review should confirm anything not visible in the listing.

Nearby Infrastructure

Infrastructure matters because transit improvements, road projects, schools, parks, commercial growth, and employment nodes can change how an area performs over time. For 669 North Shore Drive E, Otonabee-South Monaghan, ON L0B 1E0, buyers should check municipal plans, nearby construction, zoning context, and future projects that may affect enjoyment or resale value.

This section is informational only. Buyers should verify schools, measurements, rental rules, taxes, zoning, and property condition with the appropriate professionals before making a decision.

Listing data is provided through PropTx/MLS data services and is deemed reliable but not guaranteed. Listings are subject to change without notice.