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This charming two-story cottage, located on a stunning 9-acre property, offers direct water access and a south-facing orientation, perfect for watching the sunrise over serene Rice Lake. Meticulously built under five years ago with exceptional attention to detail, this property is a true gem. Designed to four-season specifications. As part of a fractional ownership arrangement shared with 17 other cottages, you'll enjoy exclusive access to this private expansive property, with the added benefit of manageable maintenance costs. The cottage features spacious living areas, large windows for natural light, and high-quality finishes that blend comfort with style. The open-concept design allows for seamless indoor-outdoor living, with a balcony on each floor to take in the breathtaking lake views. This cottage boasts a shared dock with one other owner, providing easy access to Rice Lake for boating, fishing, or simply relaxing by the water. With pride of ownership evident throughout, every corner of this cottage reflects care and craftsmanship. Whether you're unwinding on the balcony or enjoying the outdoors, this cottage offers an idyllic retreat that promises peace, privacy, and natural beauty. Don't miss the chance to make this meticulously crafted property your own and experience the tranquility of lakeside living.
Fridge, Stove, All electric light fixtures and existing window coverings, Dock co-owned with one other neighbour.
City: Otonabee-South Monaghan
Neighborhood: Otonabee-South Monaghan
Purchase Price | $489000 |
Down Payment | $97800 |
Mortgage Insurance | $0 |
Total Mortgage | $391200 |
Mortgage Payment | $2411 |
Property Taxes | $0 |
Maintenance Fees | $339 |
Monthly Payment | $2750 |
Located at 5 Elm Grove Rd Unit #Cottage #1, this Otonabee-South Monaghan condo is available for sale. This property was listed for $489,000 on Mon May 05 2025. This condo's size is 1000-1199 Sqft. It has 3 bedrooms and 1 bathroom. Monthly maintenance is $339 per month . Views are to the South from this property. Step outside onto the open balcony. The property's amenities include Bbqs Allowed, Recreation Room, Visitor Parking. The property includes the following rooms: Kitchen, Living, 3rd Br, Bathroom, Primary, 2nd Br. This property also comes with a locker. Hydro, Water are included with this property. 5 Elm Grove Rd, Otonabee-South Monaghan is situated in the Otonabee-South Monaghan neighbourhood.
MLS#: X12124017 · $489,000 · 3 bedroom condo in Otonabee-South Monaghan, Otonabee-South Monaghan