$699,900
260 Cedar Bank Road
Otonabee-South Monaghan, Ontario
3bed1bath
Ontario
Otonabee-South Monaghan Real Estate
Browse homes for sale in Otonabee-South Monaghan • Median $699,900
$699,900Median Price
30Avg Days on Market
19Detached9Leasehold7Land6Commercial5House4Farm
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About Otonabee-South Monaghan Real Estate
Otonabee-South Monaghan is a charming township located in Peterborough County, Ontario, that embodies the unique blend of rural serenity and suburban convenience. Formed through the amalgamation of Otonabee Township and South Monaghan Township in 1998, this area boasts a rich history rooted in agriculture and early settler life. The landscape is dotted with picturesque farmland, tranquil lakes, and lush forests, giving residents a sense of peace and connection with nature. With its close proximity to Peterborough, Otonabee-South Monaghan offers easy access to urban amenities while maintaining a distinct small-town character that attracts families and retirees alike.
One of the township's standout features is the stunning Otonabee River, which provides a scenic backdrop for outdoor enthusiasts. Residents enjoy a plethora of recreational activities including fishing, kayaking, and hiking along the river trails. The community is also home to several charming neighborhoods, each with its own character and appeal. The local charm is further enhanced by community events such as the Otonabee South Monaghan Winter Carnival and various farmers' markets that bring residents together, fostering a strong sense of belonging.
What makes Otonabee-South Monaghan truly unique is its ability to cater to diverse lifestyles. Families are drawn to the area for its excellent schools and safe neighborhoods, while retirees appreciate the calm atmosphere and access to outdoor activities. The housing market, with a median listing price of $619,000 and an average of 30 days on the market, reflects a balanced demand that attracts both first-time buyers and those seeking a peaceful retreat from city life. This blend of history, community spirit, and natural beauty makes Otonabee-South Monaghan a desirable place to call home.
71 active listings with a median price of $619,000.
Lifestyle & Community
Living in Otonabee-South Monaghan offers a laid-back lifestyle with a close-knit community feel. Residents enjoy a slower pace of life, surrounded by nature and friendly neighbors. The township hosts various community events throughout the year, such as summer festivals and holiday celebrations, fostering a sense of camaraderie among locals. The vibrant local culture is reflected in the support for local artisans and farmers, with regular markets showcasing homegrown produce and handmade crafts. With ample parks and recreational areas, families find plenty of opportunities for outdoor activities, contributing to a healthy and active lifestyle.
Local Amenities
- Public libraries
- Local schools (Otonabee Public School, South Monaghan Public School)
- Community parks (e.g., Smithfield Park)
- Recreational facilities (e.g., sports fields, playgrounds)
- Grocery stores and local shops
- Health care services
- Public transportation options
- Fire and emergency services
- Community centers
- Cafes and dining options
Points of Interest
- Otonabee River
- Peterborough Lift Lock
- Lang Pioneer Village
- Nicholls Oval Park
- Wildlife Sanctuaries
- Local trails for hiking and biking
- Farmers' markets
- Community art exhibits
- Historic sites and landmarks
- Annual local festivals
Market Overview
The real estate market in Otonabee-South Monaghan features 71 active listings, with a median listing price of $619,000, making it an attractive option for both first-time buyers and those looking to upgrade. Homes in the area typically spend an average of 30 days on the market, indicating a healthy demand. The market is characterized by a mix of single-family homes and properties with larger lots, appealing to families seeking outdoor space. With a stable demand and a growing community, buyers can expect a variety of options that cater to different budgets and preferences.
Investment Outlook
Otonabee-South Monaghan presents promising investment opportunities, particularly for those interested in rental properties and long-term growth. The area's appeal to families, combined with its proximity to Peterborough, makes it a strong candidate for rental investments. Development trends indicate a gradual increase in new housing projects, which can enhance property values. Investors should also consider the potential for vacation rentals, given the area's natural attractions and recreational offerings.
Ideal For
Otonabee-South Monaghan is ideal for first-time buyers seeking affordable homes, families desiring a safe and friendly environment, and retirees looking for a serene lifestyle. Investors will also find appealing opportunities due to the area’s rental potential and community growth. Overall, the township caters to a variety of buyer types, making it a versatile market.
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Otonabee-South Monaghan market — live snapshot
Pulled directly from current MLS® data. Updated every page load.
Active listings
119
Median list price
$600K
Median $/sqft
$32,090
Price range (middle 50%)
$257K – $799K
Price by bedroom — Otonabee-South Monaghan actives
| Active | Median price | |
|---|---|---|
| 1 bed | 3 | $185K |
| 2 bed | 16 | $176K |
| 3 bed | 45 | $590K |
| 4 bed | 20 | $819K |
| 5+ bed | 6 | $1.24M |
Property mix — Otonabee-South Monaghan actives
| Active | Median price | |
|---|---|---|
| Detached | 49 | $699K |
| Leasehold | 22 | $117K |
| Land | 21 | $499K |
| House | 14 | $474K |
| Commercial | 8 | $874K |
| Farm | 5 | $1.75M |
Living in Otonabee-South Monaghan
Lifestyle
Living in Otonabee-South Monaghan offers a laid-back lifestyle with a close-knit community feel. Residents enjoy a slower pace of life, surrounded by nature and friendly neighbors. The township hosts various community events throughout the year, such as summer festivals and holiday celebrations, fostering a sense of camaraderie among locals. The vibrant local culture is reflected in the support for local artisans and farmers, with regular markets showcasing homegrown produce and handmade crafts. With ample parks and recreational areas, families find plenty of opportunities for outdoor activities, contributing to a healthy and active lifestyle.
Local Amenities
Public librariesLocal schools (Otonabee Public School, South Monaghan Public School)Community parks (e.g., Smithfield Park)Recreational facilities (e.g., sports fields, playgrounds)Grocery stores and local shopsHealth care servicesPublic transportation optionsFire and emergency servicesCommunity centersCafes and dining options
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
9
$200K – $400K
6
$400K – $600K
4
$600K – $800K
8
$800K – $1.0M
5
$1.0M – $1.5M
5
$1.5M – $2.0M
4
$3.0M+
3
Explore More in Otonabee-South Monaghan
Otonabee-South Monaghan Market ReportPrices, trends & analysisCost of Living in Otonabee-South MonaghanHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Otonabee-South MonaghanSchools & ratings nearbyTransit in Otonabee-South MonaghanStops & stations nearbyParks in Otonabee-South MonaghanParks & recreation nearby
Frequently Asked Questions About Otonabee-South Monaghan
How many homes are for sale in Otonabee-South Monaghan?
There are currently 44 active residential listings in Otonabee-South Monaghan. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What is the median home price in Otonabee-South Monaghan?
The median list price for homes in Otonabee-South Monaghan is $699,900. Actual prices vary by property type, size, and neighbourhood. Use the filters above to narrow your search by price range.
What types of properties are available in Otonabee-South Monaghan?
Properties available in Otonabee-South Monaghan include Detached (19), Leasehold (9), Land (7), Commercial (6), House (5). You can filter by property type using the search options on this page.
How long do homes stay on the market in Otonabee-South Monaghan?
Homes in Otonabee-South Monaghan spend a median of 30 days on market. This can vary depending on price range, property type, and local market conditions.
How often are listings updated for Otonabee-South Monaghan?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Otonabee-South Monaghan?
Yes. You can browse homes in specific neighbourhoods within Otonabee-South Monaghan using the area links on this page. Each neighbourhood page includes local stats, pricing data, and property details.