2407 Indian River Line is a 3-bedroom, 1-bathroom detached home in Otonabee-South Monaghan, listed for $275,000. It has 700-1100 sq ft of living space.
1Situated on a generous lot of nearly one acre, the property is full of character, history, and small-town charm.
2The expansive lot provides valuable space and flexibility, while the property's unique history creates a foundation for something truly special.
3BasementUnfinished, Walk-Up, as described in the listing.
3 Bed, 1 Bath Detached Home in Otonabee-South Monaghan
About 2407 Indian River Line
Set in the quiet hamlet of Indian River, this unique property offers a rare opportunity for buyers with vision. Situated on a generous lot of nearly one acre, the property is full of character, history, and small-town charm. Once home to a local grocery store, the building still carries hints of its past, including a distinctive old-west saloon-style frontage that gives it a truly one-of-a-kind presence.Whether you're looking for a restoration project, an investment opportunity, or a property with future potential, this property offers plenty of possibilities to explore. The expansive lot provides valuable space and flexibility, while the property's unique history creates a foundation for something truly special. Surrounded by the charm of rural living and conveniently located within easy reach of Peterborough and the Kawarthas, this is an opportunity for those looking beyond the ordinary.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $393 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 2407 Indian River Line
Every detail from the listing, in one place.
Type
Detached
Style
1 1/2 Storey
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
Unfinished, Walk-Up
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
Unfinished · Walk-Up
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 1/2 Storey
Property class
Detached
2407 Indian River Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13730760$275,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 2407 Indian River Line Compares to the Otonabee-South Monaghan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,351
/mo
based on the purchase price of $275,000
$55,000 cash
$220,000 financed
$185,298 total interest
Principal54%$220,000
Interest46%$185,298
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 2407 Indian River Line
Homes for sale in Otonabee South Monaghan
Every active Otonabee South Monaghan MLS® listing, updated all day.
Average days on market54Homes sold in about 54 days on average.
Sale-to-list ratio94.2%On average, homes sold below asking.
Active listings111Homes for sale here right now.
Median vs prior 90 days−15.7%Compared with Apr 24 – Jul 23, 2026: prices down.
Based on 47 sales from Jul 23 – Oct 21, 2026 (23 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 2407 Indian River Line
How much is 2407 Indian River Line listed for?
2407 Indian River Line is listed at $275,000 (MLS® X13730760). Summitly updates the price as soon as the MLS® record changes.
Is $275,000 a good price for 2407 Indian River Line?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Otonabee-South Monaghan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 2407 Indian River Line changed?
No — 2407 Indian River Line is still listed at its original asking price of $275,000.
How many bedrooms and bathrooms does 2407 Indian River Line have?
2407 Indian River Line has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Otonabee-South Monaghan.
How much would the monthly mortgage be on 2407 Indian River Line?
About $1,351 a month — principal and interest on $275,000 with 20% down ($55,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 2407 Indian River Line compare with other homes in Otonabee-South Monaghan?
Its asking price of $275,000 is about 51% below the median sold price in Otonabee-South Monaghan over the last 90 days, $565,000, across 47 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 2407 Indian River Line been sold before?
Summitly has no earlier MLS® sale or lease of 2407 Indian River Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 2407 Indian River Line?
2407 Indian River Line is in Otonabee-South Monaghan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 2407 Indian River Line been on the market?
51 days — 2407 Indian River Line was listed on August 31, 2026.
What is the price per square foot of 2407 Indian River Line?
About $250 to $393 per square foot: the asking price of $275,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 2407 Indian River Line have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 2407 Indian River Line have a basement, and is it finished?
The listing describes the basement as: Unfinished, Walk-Up.