For Sale
Just Listed
54 Cow Island
Otonabee-South Monaghan, Otonabee-South Monaghan, ON
$624,900
4Bd
2Ba
1,300+sqft
2Parking
82.35 x 203.68 ftlot
$481/sqft
DetachedMLS# X13465584Listed 2026-06-191 DOM
Heating
Separate Heating Controls
Just listed! New listings in Otonabee-South Monaghan often receive offers within the first week.
About this home
Welcome to Cow Island on Rice Lake, part of the renowned Trent-Severn Waterway. Rebuilt and extensively renovated in 2020, this stunning 4-season waterfront retreat blends modern updates with timeless cottage charm and A-frame-inspired character. Enjoy approximately 82 feet of waterfront featuring a cleared sandy shoreline, shoreline armouring, and an oversized aluminum lift dock perfect for swimming, boating, and entertaining. The property offers 4 bedrooms, 2 bathrooms, a heated bunkie, multiple outbuildings, and smart-home technology with Starlink internet. With updated electrical, plumbing, metal roofing, year-round water service, and countless improvements throughout, this turnkey island getaway is ready to be enjoyed in every season.
RenovatedWaterfront
Rooms
Main Floor
| Living Room | 3.54 × 4.09 m | |
| Dining Room | 2.49 × 3.16 m | |
| Kitchen | 4.19 × 2.97 m | |
| Primary Bedroom | 4.38 × 3.41 m | |
| Laundry | 4.38 × 2.44 m | |
| Bathroom | 1.53 × 2.97 m | 3 Pc Bath |
| Utility Room | 1.53 × 1.77 m | |
| Foyer | 3.51 × 2.88 m | |
| Bedroom | 2.43 × 2.88 m | |
| Bathroom | 1.75 × 1.78 m | 3 Pc Bath |
Second Floor
| Bedroom | 6.01 × 3.07 m | |
| Bedroom | 6.01 × 2.88 m |
Features
- Carpet Free
- Primary Bedroom - Main Floor
- Separate Heating Controls
- Water Heater Owned
- Water Treatment
- Workbench
- Deck
- Landscaped
- TV Tower/Antenna
- Crawl Space
- Window Unit(s)
- 1 1/2 Storey
Financials
Annual Taxes
$4,200.75
Estimated Rental Income
Entire property$4,000 – $6,500/mo
Rental yield7.7% – 12.5%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Otonabee-South Monaghan
Days on market1 days
Buyer's MarketSeller's Market
Based on active listings in Otonabee-South Monaghan. Data updates daily.
Our estimate for this home
Estimated range
$542K – $630K
Mid-point $586K · ~$451/sqft
How this listing compares
$542KList · $625K$630K
High confidence·Based on 57 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.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
53
/ 100
Walk Score
Somewhat Walkable
36
/ 100
Transit Score
Some Transit
51
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
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.
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