DetachedListed yesterday

986 Third Line, Otonabee-South Monaghan

Name: 986 Third Line
SKU: X14130266
Price: 1598000 CAD
Availability: InStock

Otonabee-South Monaghan, ON · · MLS® X14130266Updated October 29, 2026

$1,598,000Est. $7,850/mo mortgage

Bedrooms: 3
Bathrooms: 3
Living space: 3000–3500sq ft
Parking spaces: 12

Type Detached
Lot 25.995 acres
Garage Yes
Basement Finished, Separate Entrance

What you should know

986 Third Line is a 3-bedroom, 3-bathroom detached home in Otonabee-South Monaghan, listed for $1,598,000. It has 3000-3500 sq ft of living space.

Welcome to luxury, comfort, and unmatched versatility in this custom-built, 4-year-old multi-generational masterpiece.
The award-winning kitchen is a chef's dream, complete with a massive central island, premium finishes, and a spacious walk-in pantry, seamlessly flowing into a bright dining area flooded w natural light.
A fully insulated 689 sq. ft. garage completes this extraordinary property.

Ask Zara:

3 Bed, 3 Bath Detached Home in Otonabee-South Monaghan

About 986 Third Line

Welcome to luxury, comfort, and unmatched versatility in this custom-built, 4-year-old multi-generational masterpiece. Situated on an expansive, nearly 3/4-acre lot backing onto tranquil farmland and just minutes from Rice Lake, this exceptional home offers premium Insulated Concrete Form (ICF) construction for superior durability and energy efficiency.Step inside the main level to discover a dramatic living room featuring soaring 15' vaulted ceilings and a magnificent floor-to-ceiling fireplace. The award-winning kitchen is a chef's dream, complete with a massive central island, premium finishes, and a spacious walk-in pantry, seamlessly flowing into a bright dining area flooded w natural light. A main-floor open office boasts floor-to-ceiling custom shelving, perfect for working from home.Unwind in the primary retreat, an oasis featuring a custom window bench w built-in shelves, a large private dressing room, and a spa-like 5pc ensuite bath.The upper level offers two additional bedrooms w custom built-ins including one w a secret hidden fort inside the walk-in closet! 5pc bath w heated floors.An upstairs family room & adjacent den offer flexible living space that can easily serve as an alternative top-floor primary suite.The sprawling lower level features a cozy rec room for the main house, plus a fully self-contained 1,200 sq. ft. 2-bedroom in-law suite w its own separate entrance. Complete w a full kitchen, living and dining areas, 4-piece bath, laundry, & large above-grade windows, this bright suite offers true multi-generational independence.Outside, relax on two back decks overlooking your fully-fenced, private backyard oasis w endless room for gardens, recreation, & sunset views over open farmland. A fully insulated 689 sq. ft. garage completes this extraordinary property. Luxury, privacy, & endless possibilities await! Looking to create a large family homestead? The 95-acre farm in behind with custom bungalow w in-law potential is also for sale (X13488912).

3 bedrooms, 3 bathrooms, about 3,000 sq ft, works out to roughly $533 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.

Inside 986 Third Line

Every detail from the listing, in one place.

Type: Detached
Style: 2-Storey
Living space: 3000-3500 sq ftas stated on the listing
Parking: 12 spacesYes garage
Basement: Finished, Separate Entrance

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 12

Interior

Basement: Finished · Separate Entrance

Lot & land

Lot size (sqft): 0.734

Listing & possession

Property style: 2-Storey
Property class: Detached

986 Third Line Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 29, 2026For saleListedThis listingMLS® X14130266$1,598,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 986 Third 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.

Zara’s estimate

Above Market· based on 60 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Otonabee-South Monaghan market, last 90 days

Median sold price: $568,500
Average sold price: $571,708
Average days on market: 54
Homes sold: 45

Closed sales on the TRREB MLS®.

Full Otonabee-South Monaghan market report

Recently sold nearby in Otonabee-South Monaghan

Sold prices are shown free to signed-in members, as board rules require.

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 home986 Third Line 3 bd · 3 ba · 3,000 sqft	$1,598,000asking	$533	—	—
1818 County Road 2 N/A 3 bd · 2 ba · 1,500 sqft
2367 Base Line 4 bd · 3 ba · 2,000 sqft
336 Cedar Bank Road 2 bd · 1 ba · 1,100 sqft
86 Crystal Springs Drive 2 bd · 1 ba · 1,100 sqft
1311 Charles Street 3 bd · 2 ba · 1,500 sqft
29 Crystal Springs Drive 3 bd · 2 ba · 2,000 sqft

1818 County Road 2 N/A
3 bd · 2 ba · 1,500 sqft
2367 Base Line
4 bd · 3 ba · 2,000 sqft
336 Cedar Bank Road
2 bd · 1 ba · 1,100 sqft
86 Crystal Springs Drive
2 bd · 1 ba · 1,100 sqft
1311 Charles Street
3 bd · 2 ba · 1,500 sqft
29 Crystal Springs Drive
3 bd · 2 ba · 2,000 sqft

Living in Otonabee-South Monaghan: Location & Amenities

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Costs, Mortgage & Rental Return for 986 Third Line

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $7,850; 20% down · 25 years · 5.5% assumed
Property tax: $879; 0.66% mill rate · ON
Total per month: $8,729; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

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Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$7,850

/mo

based on the purchase price of $1,598,000

Down payment20%

$319,600 cash

Amortization25 yr

$1,278,400 financed

Rate5.50%

$1,076,748 total interest

Principal54%$1,278,400

Interest46%$1,076,748

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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Listing brokerage: Strive Realty Ltd., BrokerageMLS® X14130266 · Listing data last updated October 29, 2026

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.

For sale· listed Oct 28· $533/sq ft

Estimated monthly mortgage$7,850/moMortgage only · 20% down · 5.5% assumed

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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