Montague, ON · · MLS® X13521616Updated
$499,000Est. $2,451/mo mortgage
388 Cottage Rd is a 2-bedroom, 1-bathroom detached home in Montague, listed for $499,000. It has 700-1100 sq ft of living space.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Welcome to Firefly Cottage! Tucked along a peaceful stretch of the Rideau River, just minutes from historic Merrickville and Smiths Falls, this stunning 2017-built, log and cedar, three season cottage offers the ultimate turnkey escape. Featuring approximately 115 feet of west-facing waterfront for spectacular sunsets and backing onto private Crown Land, the property is an exclusive spot to relax and unwind. The great room offers a vaulted ceiling with a cozy wood stove installed in (2021). The bright sunroom has panoramic water views and double doors to separate the spaces. The bathroom with new shower, vanity and tiled floor (2025) offers modern convenience with the same beautiful design feel. There are two bedrooms that can remain fully furnished with the possibility of a third in the separate powered shed/bunkie. A 10x10 floating dock, and an artesian well system also come with the property. This nature lovers retreat offers an effortless, low-maintenance slice of paradise on the historic Rideau water system. This is a spot for lazy afternoons, canoe rides and bonfires under the stars. Whether you're fishing or simply relaxing by the shore under the canopy of cedars, you will love the tranquility of this riverfront retreat. Private road, maintenance is approx $200/year for spring and fall grading.
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $713 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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397 Burchill Road
3 bd · 2 ba · Detached
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1146 Rideau River Road
3 bd · 3 ba · Detached
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5397 Roger Stevens Drive
2 bd · 2 ba · Detached
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645 Code Drive
3 bd · 2 ba · Detached
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786 Richardson Road
2 bd · 1 ba · Detached
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525 Mccrea Road
3 bd · 2 ba · Detached
6 nearby sales vs. this home
Closed sales from MLS®, compared with this home's asking price.
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| Home | Sold price | $ / sqft | % of asking | Sold |
|---|---|---|---|---|
This home388 Cottage Road 2 bd · 1 ba · 700 sqft | $499,000asking | $713 | — | — |
| 397 Burchill Road 3 bd · 2 ba · 1,500 sqft | ||||
| 1146 Rideau River Road 3 bd · 3 ba · 1,100 sqft | ||||
| 5397 Roger Stevens Drive 2 bd · 2 ba · 1,100 sqft | ||||
| 645 Code Drive 3 bd · 2 ba · 1,100 sqft | ||||
| 786 Richardson Road 2 bd · 1 ba · 1,100 sqft | ||||
| 525 Mccrea Road 3 bd · 2 ba · 1,500 sqft |
3 bd · 2 ba · 1,500 sqft
3 bd · 3 ba · 1,100 sqft
2 bd · 2 ba · 1,100 sqft
3 bd · 2 ba · 1,100 sqft
2 bd · 1 ba · 1,100 sqft
3 bd · 2 ba · 1,500 sqft
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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.
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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Listing brokerage: RE/MAX AFFILIATES MARQUIS, BrokerageMLS® X13521616 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other 3–4 bed homes for sale in Montague around $499K.
Homes for sale in Montague
Every active Montague MLS® listing, updated all day.
Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 24 sales from Aug 9 – Nov 7, 2026 (21 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
388 Cottage Rd is listed at $499,000 (MLS® X13521616). Summitly updates the price as soon as the MLS® record changes.
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Montague. 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
No — 388 Cottage Rd is still listed at its original asking price of $499,000.
388 Cottage Rd has 2 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Montague.
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), 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.
Its asking price of $499,000 is about 22% below the median sold price in Montague over the last 90 days, $636,000, across 24 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.
Summitly has no earlier MLS® sale or lease of 388 Cottage Rd on record from the last two years. Older records aren't shown under TRREB rules.
388 Cottage Rd is in Montague, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
127 days — 388 Cottage Rd was listed on July 3, 2026.
About $454 to $713 per square foot: the asking price of $499,000 over the 700–1,100 sq ft the listing gives as its size range.
Yes — the listing gives 4 parking spaces.
The listing says 388 Cottage Rd has no basement.
