986 Third Line
Otonabee-South Monaghan, ON
- 5 bed
- 4 bath
- approx. 3000-3500 sqft
- Detached
Welcome to luxury, comfort, and unmatched versatility in this custom-built, 4-year-old multi-generational masterpiece. Situated on an expansive, nearly 3/4-acre lot backing onto tranquil farmland and just minutes from Rice Lake, this exceptional home offers premium Insulated Concrete Form (ICF) construction for superior durability and energy efficiency.Step inside the main level to discover a dramatic living room featuring soaring 15' vaulted ceilings and a magnificent floor-to-ceiling fireplace. The award-winning kitchen is a chef's dream, complete with a massive central island, premium finishes, and a spacious walk-in pantry, seamlessly flowing into a bright dining area flooded w natural light. A main-floor open office boasts floor-to-ceiling custom shelving, perfect for working from home.Unwind in the primary retreat, an oasis featuring a custom window bench w built-in shelves, a large private dressing room, and a spa-like 5pc ensuite bath.The upper level offers two additional bedrooms w custom built-ins including one w a secret hidden fort inside the walk-in closet! 5pc bath w heated floors.An upstairs family room & adjacent den offer flexible living space that can easily serve as an alternative top-floor primary suite.The sprawling lower level features a cozy rec room for the main house, plus a fully self-contained 1,200 sq. ft. 2-bedroom in-law suite w its own separate entrance. Complete w a full kitchen, living and dining areas, 4-piece bath, laundry, & large above-grade windows, this bright suite offers true multi-generational independence.Outside, relax on two back decks overlooking your fully-fenced, private backyard oasis w endless room for gardens, recreation, & sunset views over open farmland. A fully insulated 689 sq. ft. garage completes this extraordinary property. Luxury, privacy, & endless possibilities await! Looking to create a large family homestead? The 95-acre farm in behind with custom bungalow w in-law potential is also for sale (X13488912).
Virtual Tour
Virtual Tour Available
Listing Details
- Taxes (2026)
- $7,971
- Listed
- October 29, 2026
Price History
Property
- Style
- 2-Storey
- Age
- 0-5
- Construction
- Board & Batten, Stone
- Roof
- Metal
- Foundation
- Insulated Concrete Form
- Interior
- Bar Fridge, Carpet Free
- Lot Size
- 183.73 x 175.98 Feet
Parking
- Garage
- Attached
- Covered Spaces
- 2
- Total Parking
- 12
Utilities
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Third Line & County Rd 2
- Parcel Number
- 280260105
- Possession
- Flexible
- Occupancy
- Owner
Included
- Inclusions
- Refrigerator (2), Stove (2), Dishwasher (2), Washer (2), Dryer (2), Beer Fridge, ELFs, Window Coverings & Hardware,
Community
Postal area K0L
- Population
- 78,142
- Private dwellings
- 48,786
- Median age
- 54
- Average household size
- 2.3
- Median household income
- $79,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Otonabee-South Monaghan · last 12 months
- Median sold price
- $598,000
- Homes sold
- 95
- Median days on market
- 38
- Sale-to-list price
- 94.3%
Based on 95 recorded sales of residential freehold properties in Otonabee-South Monaghan over the last 12 months.
Rooms
5-piece on Main, 2-piece on Main, 5-piece on Second, 4-piece on Lower
Second
- Bedroom 214'2" x 10'11"
- Bedroom 314'2" x 8'6"
- Den14'4" x 9'10"
- Family Room20'1" x 16'8"
Main
- Dining Room14'6" x 12'11"
- Foyer8'6" x 7'
- Kitchen13'9" x 10'9"
- Laundry7'5" x 5'8"
- Living Room19' x 17'11"
- Mud Room13'3" x 6'7"
- Office10'7" x 8'2"
- Other14'2" x 10'9"
- Pantry8'11" x 6'3"
- Primary Bedroom16'4" x 14'2"
Lower
- Bedroom14'2" x 12'
- Bedroom 214'2" x 11'
- Cold Room/Cantina17'7" x 5'5"
- Dining Room14'4" x 12'
- Kitchen11'9" x 10'8"
- Living Room18'1" x 17'10"
- Recreation14'2" x 12'
Listed by
Strive Realty Ltd.
Walk Score
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Location
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Mortgage Calculator
$319,600
Estimated Monthly Payment
$7,850
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $7,850/mo (20% down, 5.5%)
Taxes: $664/mo · Insurance: $400/mo
Estimates only. Consult a financial advisor.
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