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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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337/338 RAINBOW Drive Otonabee-South Monaghan
For SaleOtonabee-South Monaghan

337/338 RAINBOW Drive Otonabee-South Monaghan, Detached for Sale

MLS® X14147176

Otonabee-South Monaghan, ON

4 days on market
$499,900
Show on Map
Show on Map
3Beds
1Baths
N/ASqft
6Parking
Detached

Overview· 337/338 RAINBOW Drive Otonabee-South Monaghan

MLS® #X14147176

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.

Inclusions

Fridge, stove, dishwasher

Exclusions

Personal Belongings

Broker

RE/MAX HALLMARK EASTERN REALTY

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Walk Score®0Car-DependentCar-Dependent
Transit Score®—No transit agency data for this addressNo transit agency data for this address
Bike Score®17Somewhat BikeableSomewhat Bikeable
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Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 337/338 RAINBOW Drive Otonabee-South Monaghan

Source: MLS® listing data
337/338 RAINBOW Drive Otonabee-South Monaghan

Detached

337/338 RAINBOW Drive Otonabee-South Monaghan

Otonabee-South Monaghan

Type

Detached

Basement

Partially Finished

Parking

Detached (6)

Property Tax

~$2,641/yr

Heating

Heat Pump

Buying Essentials

Facing Direction

East

Parking

Detached (6)

Finances

List Price

$499,900

Property Tax

~$2,641/yr

Property Specs

Property Type

Detached

Basement

Partially Finished

Living & Amenities

Heating Type

Heat Pump

Features

Water Heater

Policies & Utilities

Neighbourhood

Otonabee-South Monaghan

Listed On

Nov 3, 2026

Price & Listing History

Days on Market

Current: 4 days

0306090120+

Rooms

Kitchen(Main)

8.5 x 9.0

76 sqft

Living Room(Main)

13.0 x 18.0

234 sqft

(Main)

7.0 x 7.7

54 sqft

Bedroom(Main)

8.0 x 11.6

93 sqft

Bedroom(Main)

8.0 x 8.0

64 sqft

Bedroom(Main)

7.6 x 10.7

82 sqft

Bathroom(Main)

—

RoomsDimensionsFeaturesSqft
Kitchen(Main)8.5 x 9.0—76
Living Room(Main)13.0 x 18.0—234
(Main)7.0 x 7.7—54
Bedroom(Main)8.0 x 11.6—93
Bedroom(Main)8.0 x 8.0—64
Bedroom(Main)7.6 x 10.7—82
Bathroom(Main)———

Rooms

7

Listed Room Area

603 sqft

Source

Estimated from MLS room dimensions

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Nearby Schools

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Schools closest to 337/338 RAINBOW Drive Otonabee-South Monaghan.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,011/mo
Property Tax$220/mo
Total Monthly$2,231

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0