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For Sale
Just Listed

556 North Shore Drive W

Otonabee-South Monaghan, Otonabee-South Monaghan, ON
$499,000
2Bd
2Ba
900+sqft
4Parking
75 x 200 ftlot
$554/sqft
DetachedMLS# X13456046Listed 2026-06-173 DOM

Just listed! New listings in Otonabee-South Monaghan often receive offers within the first week.

About this home

Enjoy Seasonal or Year Round living on Rice Lake. Nestled on a huge 75ft x 200ft lot with your very own dock across the street. Ideal home or cottage for nature lovers, great fishing and swimming right off of the dock. Large living room with gas fireplace, eat-in kitchen, 2 bedrooms and 1.5 baths. Ideal starter home or downsizer. Lots of custom homes are being built in this highly sought after area on Rice Lake.

Fireplace

Rooms

Main Floor
Kitchen2.46 × 4.67 m
Living Room5.54 × 4.80 m
Dining Room3.49 × 2.97 m
Primary Bedroom4.18 × 3.34 m
Bedroom2.53 × 4.86 m
Bathroom1.59 × 1.98 m
Bathroom1.51 × 1.69 m

Features

  • Propane Tank
  • None
  • Bungalow

Financials

Annual Taxes
$2,578

Estimated Rental Income

Entire property$2,600 – $3,800/mo
Rental yield6.3% – 9.1%

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

Market Data — Otonabee-South Monaghan

Days on market3 days
Buyer's MarketSeller's Market

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

Our estimate for this home

Priced 21.5% above estimate
Estimated range
$380K$442K
Mid-point $411K · ~$456/sqft
How this listing compares
$380KList · $499K$442K
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.

$499,000
556 North Shore Drive W, Otonabee-South Monaghan
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