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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 3 days ago

    54 Cow Island

    Otonabee-South Monaghan·Otonabee-South Monaghan, ON·K0L 1B0·Near Islandview Drive & Lakeview Drive

    • 4 beds
    Otonabee-South Monaghan real estate›X13465584
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to Cow Island on Rice Lake, part of the renowned Trent-Severn Waterway. Rebuilt and extensively renovated in 2020, this stunning 4-season waterfront retreat blends modern updates with timeless cottage charm and A-frame-inspired character. Enjoy approximately 82 feet of waterfront featuring a cleared sandy shoreline, shoreline armouring, and an oversized aluminum lift dock perfect for swimming, boating, and entertaining. The property offers 4 bedrooms, 2 bathrooms, a heated bunkie, multiple outbuildings, and smart-home technology with Starlink internet. With updated electrical, plumbing, metal roofing, year-round water service, and countless improvements throughout, this turnkey island getaway is ready to be enjoyed in every season.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Welcome to Cow Island on Rice Lake, part of the renowned Trent-Severn Waterway.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 18, 2026ListedCurrentFor sale$624,900 —X13465584This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Baseboard
      Air conditioning
      Window Unit(s)
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 54 Cow Island
    What's nearby

    Points of interest classified by the MLS® feed.

    • Island
    • Lake/Pond
    • Marina
    • River/Stream
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $3,070
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $350
    0.67% mill rate · ON
    The market

    How this home sits in the Otonabee-South Monaghan market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Otonabee-South Monaghan market right now

    Average sold price, days on market, and closed-transaction count for Otonabee-South Monaghan — sourced from MLS®.

    • Avg sold price
      $750,500
      Last 30 days
    • Median sold price
      $735,000
      Middle of the market
    • Days on market
      46 d
      Avg from list to close
    • Closed last 30d
      25
      MLS® transactions
    Full Otonabee-South Monaghan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 54 Cow Island — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 54 Cow Island and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 54 Cow Island listed for?

      54 Cow Island is listed at $624,900 on the MLS® (listing X13465584). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 54 Cow Island have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. Asking
    $624,900
    $0 / sqft · MLS® X13465584
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $885,590
    $814,743Confidence range$956,437
    Asking vs estimate
    ↓below
    −$260,690
    (-29.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Otonabee-South Monaghan sell in about 46 days — this one has been listed 3 days.

    Avg sold price
    $750,500
    Median sold
    $735,000
    Avg days on market
    46
    Recently sold
    25
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    Rebuilt and extensively renovated in 2020, this stunning 4-season waterfront retreat blends modern updates with timeless cottage charm and A-frame-inspired character.
  6. With updated electrical, plumbing, metal roofing, year-round water service, and countless improvements throughout, this turnkey island getaway is ready to be enjoyed in every season.
  7. Ask Zara a follow-up
    Other
    Sewer
    Septic
  8. Parking & garage

    3
    Garage
    None
    Parking spaces
    2
    Driveway
    Reserved/Assigned
  9. Interior

    5
    Basement
    Crawl Space
    Family room
    N
    Kitchens
    1
    Total rooms
    12
    Laundry level
    Main Level
  10. Exterior & construction

    6
    Exterior
    Board & Batten , Wood
    Roof
    Metal
    Foundation
    Block
    View
    Lake
    Waterfront
    Y
    Pool
    None
  11. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    1 1/2 Storey
    Property class
    Detached
  12. Room-by-room · 12 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    10 rooms
    • Bathroom
      3 Pc Bath
      5.0 × 9.7 ft
    • Foyer
      11.5 × 9.4 ft
    • Living Room
      11.6 × 13.4 ft
    • Kitchen
      13.7 × 9.7 ft
    • Laundry
      14.4 × 8.0 ft
    • Dining Room
      8.2 × 10.4 ft
    • Utility Room
      5.0 × 5.8 ft
    • Primary Bedroom
      14.4 × 11.2 ft
    • Bathroom
      3 Pc Bath
      5.7 × 5.8 ft
    • Bedroom
      8.0 × 9.4 ft

    Second level

    2 rooms
    • Bedroom
      19.7 × 9.4 ft
    • Bedroom
      19.7 × 10.1 ft
  13. Waterfront
  14. Combined estimate
    $3,420
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $3,070
    /mo
    based on the purchase price of $624,900
    $124,980 cash
    $499,920 financed
    $421,064 total interest
    Monthly payment$3,070/ month
    Principal54%$499,920
    Interest46%$421,064

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Otonabee-South Monaghan

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 3202 County 2 Road
      Sold
      Sign in for price
      3202 County 2 Road
      Detached
    • 94 Hannah Road
      Sold
      Sign in for price
      94 Hannah Road
      Detached
    • 35 5th Line
      Sold
      Sign in for price
      35 5th Line
      Detached
    • 1405 Hiawatha Line
      Sold
      Sign in for price
      1405 Hiawatha Line
      Detached
    • 1911 David Fife Line
      Sold
      Sign in for price
      1911 David Fife Line
      Detached
    • 61 Golden Meadows Drive
      Sold
      Sign in for price
      61 Golden Meadows Drive
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    54 Cow IslandThis home4 / 211,001,500$624,900ask———
    3202 County 2 Road3 / 21,500—
    94 Hannah Road4 / 42,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Otonabee-South Monaghan

    Active listings within ±20% of this asking price.

    • 1311 Charles Street
      $589,900
      1311 Charles Street
      Detached 3 2
    • 59 Crystal Springs Drive
      $669,900
      59 Crystal Springs Drive
      Detached 3 2
    • 965 Hiawatha Line
      $649,900
      965 Hiawatha Line
      Detached 3 2
    • 228 Greenwood Road
      $549,000
      228 Greenwood Road
      Detached 3 1
    • 2304 Old Norwood Road
      $699,900
      2304 Old Norwood Road
      Detached 3 2
    • 82 Cow Island
      $574,900
      82 Cow Island
      Detached 3 1
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  15. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  16. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  17. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  18. Public listing courtesy of Century 21 United Realty Inc. · displayed on Summitly per MLS® data-share rules

    54 Cow Island is a 4-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  19. When was 54 Cow Island built?

    The year built for 54 Cow Island isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  20. What is the property tax for 54 Cow Island?

    The 'Property tax' tab in the History section shows the most recent annual tax for 54 Cow Island plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  21. How much would the monthly mortgage be on 54 Cow Island?

    The affordability calculator on this page shows an estimated monthly mortgage for $624,900 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  22. Has 54 Cow Island been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 54 Cow Island with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  23. What neighbourhood is 54 Cow Island in?

    54 Cow Island is in Otonabee-South Monaghan, Otonabee-South Monaghan. The 'Neighbourhood' section below links to the live Otonabee-South Monaghan real estate hub with average sold price, days on market, and current inventory.

  24. Is Otonabee-South Monaghan a good place to live?

    Otonabee-South Monaghan is one of ON's actively-tracked Summitly markets. The full Otonabee-South Monaghan real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  25. 35 5th Line
    3 / 1
    1,100
    —
    1405 Hiawatha Line4 / 21,500—
    1911 David Fife Line4 / 22,500—
    61 Golden Meadows Drive4 / 42,500—