42 Willow Rd is a 2-bedroom, 1-bathroom detached home in Otonabee-South Monaghan, listed for $395,000. It has 700-1100 sq ft of living space.
1Featuring 895 square feet of living space, the home offers a comfortable, functional layout with a cozy wood stove and oil heating to keep you warm through the cooler months.
2A detached 1.5-car garage provides excellent space for parking, storage, or a workshop.
3BasementPartial Basement, as described in the listing.
2 Bed, 1 Bath Detached Home in Otonabee-South Monaghan
About 42 Willow Road
Discover an affordable opportunity to enjoy year-round waterfront living on the beautiful Otonabee River at 42 Willow! With 108 feet of waterfront, this charming 2-bedroom, 1-bathroom home offers a peaceful setting just a short drive from Peterborough. Featuring 895 square feet of living space, the home offers a comfortable, functional layout with a cozy wood stove and oil heating to keep you warm through the cooler months. Enjoy morning coffee overlooking the river, summer afternoons by the water, and quiet winter evenings beside the fire. A detached 1.5-car garage provides excellent space for parking, storage, or a workshop. Situated on privately leased land at just $3,000 annually, with 2026 property taxes of $1,528.71, this property offers an appealing alternative to traditional freehold waterfront ownership. Whether you're looking to downsize, escape the city, or settle into a quieter pace of life, this four-season home offers the opportunity to enjoy everything the Otonabee River has to offer, all year long!
2 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $564 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.Ask Zara a follow-up
Inside 42 Willow Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
6.5 spacesYes garage
Basement
Partial Basement
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6.5
Interior
Basement
Partial Basement
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Bungalow
Property class
Detached
42 Willow Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13883102$395,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 42 Willow Rd 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
$1,941
/mo
based on the purchase price of $395,000
$79,000 cash
$316,000 financed
$266,155 total interest
Principal54%$316,000
Interest46%$266,155
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.
Similar homes for sale nearby in Otonabee-South Monaghan
Other 3–4 bed homes for sale in Otonabee-South Monaghan around $395K.
Average days on market51Homes sold in about 51 days on average.
Sale-to-list ratio94.0%On average, homes sold below asking.
Active listings115Homes for sale here right now.
Median vs prior 90 days−16.4%Compared with Apr 13 – Jul 12, 2026: prices down.
Based on 47 sales from Jul 12 – Oct 10, 2026 (25 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 42 Willow Rd
How much is 42 Willow Rd listed for?
42 Willow Rd is listed at $395,000 (MLS® X13883102). Summitly updates the price as soon as the MLS® record changes.
Is $395,000 a good price for 42 Willow Rd?
Summitly rates it Above Market: the asking price is 5% to 15% above 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 42 Willow Rd changed?
No — 42 Willow Rd is still listed at its original asking price of $395,000.
How many bedrooms and bathrooms does 42 Willow Rd have?
42 Willow Rd has 2 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 42 Willow Rd?
About $1,941 a month — principal and interest on $395,000 with 20% down ($79,000), 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 42 Willow Rd compare with other homes in Otonabee-South Monaghan?
Its asking price of $395,000 is about 29% below the median sold price in Otonabee-South Monaghan over the last 90 days, $560,000, 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 42 Willow Rd been sold before?
Summitly has no earlier MLS® sale or lease of 42 Willow Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 42 Willow Rd?
42 Willow Rd is in Otonabee-South Monaghan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 42 Willow Rd been on the market?
1 day — 42 Willow Rd was listed on October 9, 2026.
What is the price per square foot of 42 Willow Rd?
About $359 to $564 per square foot: the asking price of $395,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 42 Willow Rd have parking or a garage?
Yes — the listing gives 6.5 parking spaces. Garage: Yes.
Does 42 Willow Rd have a basement, and is it finished?
The listing describes the basement as: Partial Basement.
