228 Greenwood Road, Otonabee-South Monaghan, ON
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Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Otonabee-South Monaghan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 75.03 x 221.55 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with wall unit(s) central cooling and highly efficient forced air heating via propane
Description
Situated along the scenic Otonabee River, this year-round waterfront home offers an exceptional opportunity for affordable waterfront living and breathtaking sunsets just minutes from town. Featuring convenient main floor living with a bright, open concept layout and modern finishes throughout. The inviting interior showcases spacious kitchen, living, and dining areas, a separate family room, three bedrooms, a four-piece bathroom, and two sunrooms perfect for relaxing and taking in the views. Spend summer days by the water with your own private dock and explore the historic Trent-Severn Waterway right from your backyard. A detached garage provides ample space for vehicles, storage, and all your recreational gear. A wonderful blend of comfort, convenience, and waterfront lifestyle awaits.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 228 Greenwood Road, Otonabee-South Monaghan, ON K9J 6Y3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Otonabee-South Monaghan, ON
For a property listed at $549,000 in Otonabee-South Monaghan, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. As this listing is in Otonabee-South Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,455.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
