337/338 Rainbow Drive, Otonabee South Monaghan
Seasonal waterfront cottage on the Otonabee River near Peterborough, offering two lots, direct river access, a dock, water views, detached garage, and easy access to Rice Lake and the Trent-Severn Waterway. Enjoy the Kawartha cottage lifestyle from this raised bungalow featuring 3 bedrooms, 1 bathroom, and an open-concept kitchen/living area with walkout to a large deck-ideal for BBQs, entertaining, morning coffee, and relaxing by the water. The newer lower level offers approximately 8' ceiling height, a walkout, and a spacious open area with potential for a games room, lounge, hobby space, or future finished living area. A bathroom and laundry rough-in add further flexibility. At the shoreline, stairs lead to the water and dock, with shallow entry, mixed shoreline, and direct Otonabee River access for boating, fishing, swimming, and paddling. A second lot across the road provides valuable additional space, privacy, parking, and a detached garage for vehicles, boats, and cottage equipment. The lot measures approximately 44.92' at the front, 99.97' and 93.91' along the sides, and 22.81' at the rear. Future use is subject to zoning, conservation, and municipal approvals. The property is also understood to benefit from two rights-of-way for water access; buyers are encouraged to verify their use and legal status. Approximately 15 minutes from Peterborough and 90 minutes from Toronto, with Squirrel Creek Conservation Area, public beach, boat launch, picnic areas, Rice Lake, and the Trent-Severn Waterway nearby. Discover the possibilities this Otonabee River cottage property has to offer-contact your REALTOR to arrange a private viewing. (id:1945)
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Property details for 337/338 Rainbow Drive, Otonabee South Monaghan
- Type
- Residential
- Style
- Bungalow
- Bedrooms
- 3
- Bathrooms
- 1
- Lot Size
- 85 x 102 FT
- Stories
- 1
- Basement
- Partially finished, N/A
- Parking
- Detached Garage, Garage
- Heating
- Heat Pump, Electric
- Cooling
- Central air conditioning
- Exterior
- Vinyl siding
- Ownership
- Freehold
- Annual Taxes
- $2,641
Nearby Listings Stat
Estimated price and comparable properties near 337/338 Rainbow Drive
Active Listings
1
Min Price
$549,000
Max Price
$549,000
Avg Price
$549,000
Days on Market
73
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Otonabee-South Monaghan, Ontario
Population
442
Median Age
55.1
Median Income
$34,432
Dwelling Value
$358,800
Housing Tenure
Owners 90%
Renters 11%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 14.7/km²
Avg Shelter Cost: $1,222/mo
Owners with Mortgage: 57.1%
Owners Spending 30%+: 24.1%
Tenants Spending 30%+: 0%
English only: 95.5%
English and French: 4.5%
Median Household Income: $76,416
Median Employment Income: $26,144
Price History
Listed
July 14, 2026
by RE/MAX HALLMARK EASTERN REALTY
Current Price
$549,000
Type
Residential
For Sale
