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For Sale

689 North Shore Drive E

Otonabee-South Monaghan, Otonabee-South Monaghan, ON
$695,000
2Bd
2Ba
1,750+sqft
4Parking
75 x 211 ftlot
$397/sqft
DetachedMLS# X12801710Listed 2026-02-19121 DOM
Cooling
Central Air

On the market for 121 days — longer than average. The seller may be open to negotiation.

About this home

Welcome to 689 North Shore Drive East on beautiful Rice Lake. Located at the end of a private road in a quiet waterfront community, this year round home offers stunning panoramic lake views to be enjoyed every day of the year. The open-concept interior is bright and spacious. Large living room and kitchen areas that's great for hosting family & friends. Primary bedroom has a walk-in closet and 2 pc ensuite. A 2nd bedroom with a connecting den/office or bonus room. 3 pc main bath with laundry and there is plenty storage in this home! The large deck provides the perfect setting for outdoor dining, relaxing, and entertaining, with space for lounge seating and a barbecue. Crawl space is heated. Generac for added peace of mind. Three outbuildings - including a boat house, storage shed, and woodworking shop - provide exceptional flexibility for hobbies, storage, and lake toys. Conveniently located approximately 25 minutes to Peterborough and about 60 minutes to Oshawa, this property offers the perfect balance of peaceful waterfront living and accessibility.

Waterfront

Rooms

Main Floor
Foyer2.38 × 6.78 m
Kitchen4.15 × 5.08 m
Living Room5.26 × 5.40 m
Den3.11 × 2.94 m
Primary Bedroom5.61 × 6.57 m
Bedroom 23.11 × 3.53 m
Bathroom1.78 × 4.10 m
Bathroom1.79 × 1.14 m

Features

  • Primary Bedroom - Main Floor
  • Propane Tank
  • Year Round Living
  • Crawl Space
  • Central Air
  • Bungalow

Financials

Annual Taxes
$3,559.31

Estimated Rental Income

Entire property$2,600 – $3,800/mo
Rental yield4.5% – 6.6%

*Estimates based on comparable rentals in the area. Actual income may vary.

Market Data — Otonabee-South Monaghan

Days on market121 days
Buyer's MarketSeller's Market

Based on active listings in Otonabee-South Monaghan. Data updates daily.

Our estimate for this home

Priced 13.0% below estimate
Estimated range
$739K$859K
Mid-point $799K · ~$456/sqft
How this listing compares
$739KList · $695K$859K
High confidence·Based on 60 otonabee-south monaghan comparables

Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.

MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.

$695,000
689 North Shore Drive E, Otonabee-South Monaghan
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