996 Third Line, Otonabee-South Monaghan

Name: 996 Third Line
SKU: X13488912
Price: 1348000 CAD
Availability: InStock

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

About 996 Third Line

Incredible 95+ acre farm with scenic views and unrivaled privacy just north of Rice Lake in charming Bailieboro. This breathtaking property consists of 70 workable acres w Otonabee loam soil, 7 acre pasture, 10 acre old heritage apple orchard, w the remaining 8.41 acres consisting of lawn space, small woodlot north of the home and plantation west of the home (wind & noise barrier). Set back at the end of a long laneway sits a beautiful all-brick custom bungalow w walk-out basement and great in-law potential. Classic covered front porch offers the perfect spot for a morning coffee. Main floor w gleaming hardwood floors throughout offers a functional layout w thoughtful design and lots of character. Bright kitchen w custom butternut cabinetry and centre island connects w an open dining space, cozy living room w energy efficient brick trombe wall w mantle and semi-private den/office space w walkout to large composite deck w southern exposure. Spacious primary bedroom w large windows and 3-piece ensuite w soaker tub. Main floor is completed with 2nd bedroom, 3-season sunroom/potential 3rd bedroom w walkout to yard and a shared 3-piece bath. Fully-finished lower level offers incredible in-law potential w above grade windows, walkout entrance, and sink rough-in for kitchenette or wet bar. Lots of living space offering 2 bedrooms, rec room, sitting room w woodstove, mudroom, den and large laundry/utility room. Attached 2-car garage w convenient inside access. Mature perennial gardens are a green thumb's dream and the surrounding yard w above ground pool offers lots of space for rest, relaxation, gardening and recreation. Property also includes a barn with 200 amp panel and storage seacan w attached lean-to. An unbeatable location just minutes from Rice Lake and a short drive to Highway 28, 115 & 401, Peterborough and Port Hope. This stunning and unique property has so much to offer! Updates: AC (21), Kitchen appliances (21), Washer (25)

3 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $1,225 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this farm fits your budget and timing.

Inside 996 Third Line

Every detail from the listing, in one place.

Type: Farm
Style: Bungalow
Living space: 1100-1500 sq ftas stated on the listing
Parking: 52 spacesYes garage
Basement: Finished with Walk-Out

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 52

Interior

Basement: Finished with Walk-Out

Exterior & construction

Pool: Yes

Lot & land

Lot size (sqft): 95.41

Listing & possession

Property style: Bungalow
Property class: Farm

996 Third Line Price & Sale History

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

—ReducedPrice reducedThis listingMLS® X13488912−$80,000 (5.6%)$1,348,000
Jun 25, 2026For saleListedThis listingMLS® X13488912$1,428,000

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

What's it worth?

How 996 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

Well Above Market· based on 58 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: $565,000
Average sold price: $559,678
Average days on market: 54
Homes sold: 47

Closed sales on the TRREB MLS®.

Full Otonabee-South Monaghan market report

Market pulse · Otonabee South Monaghan

Otonabee South Monaghan market

Median sold price$565,000Last 90 days
Average days on market54Homes sold in about 54 days on average.
Sale-to-list ratio94.2%On average, homes sold below asking.
Active listings106Homes for sale here right now.
Median vs prior 90 days−15.7%Compared with Apr 25 – Jul 24, 2026: prices down.

Based on 47 sales from Jul 24 – Oct 22, 2026 (23 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

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.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This home996 Third Line 3 bd · 3 ba · 1,100 sqft	$1,348,000asking	$1,225	—	—
2017 Drummond Line 3 bd · 3 ba · 1,500 sqft
2374 Indian River Line 2 bd · 2 ba · 1,500 sqft
947 Division Road 3 bd · 1 ba · 1,500 sqft
2475 Jermyn Line 4 bd · 2 ba · 1,500 sqft
1057 Crowley Line 3 bd · 1 ba · 1,500 sqft
2123 Esson Line 5 bd · 2 ba · 2,500 sqft

2017 Drummond Line
3 bd · 3 ba · 1,500 sqft
2374 Indian River Line
2 bd · 2 ba · 1,500 sqft
947 Division Road
3 bd · 1 ba · 1,500 sqft
2475 Jermyn Line
4 bd · 2 ba · 1,500 sqft
1057 Crowley Line
3 bd · 1 ba · 1,500 sqft
2123 Esson Line
5 bd · 2 ba · 2,500 sqft

Living in Otonabee-South Monaghan: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

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How long is your commute?

From 996 Third Line. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 996 Third Line

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

Mortgage: $6,622; 20% down · 25 years · 5.5% assumed
Property tax: $741; 0.66% mill rate · ON
Total per month: $7,363; 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

$6,622

/mo

based on the purchase price of $1,348,000

Down payment20%

$269,600 cash

Amortization25 yr

$1,078,400 financed

Rate5.50%

$908,296 total interest

Principal54%$1,078,400

Interest46%$908,296

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

Want rate-drop alerts and a saved shortlist?

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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Questions About 996 Third Line

How much is 996 Third Line listed for?

996 Third Line is listed at $1,348,000 (MLS® X13488912). Summitly updates the price as soon as the MLS® record changes.

Is $1,348,000 a good price for 996 Third Line?

Summitly rates it Well Above Market: the asking price is 15% or more 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 996 Third Line changed?

Yes — it was first listed at $1,428,000 and is now $1,348,000, a drop of $80,000 (5.6%).

How many bedrooms and bathrooms does 996 Third Line have?

996 Third Line has 3 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a farm home in Otonabee-South Monaghan.

How much would the monthly mortgage be on 996 Third Line?

About $6,622 a month — principal and interest on $1,348,000 with 20% down ($269,600), 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 996 Third Line compare with other homes in Otonabee-South Monaghan?

Its asking price of $1,348,000 is about 139% above 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 996 Third Line been sold before?

Summitly has no earlier MLS® sale or lease of 996 Third Line on record from the last two years. Older records aren't shown under TRREB rules.

Where is 996 Third Line?

996 Third Line is in Otonabee-South Monaghan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 996 Third Line been on the market?

119 days — 996 Third Line was listed on June 25, 2026.

What is the price per square foot of 996 Third Line?

About $899 to $1,225 per square foot: the asking price of $1,348,000 over the 1,100–1,500 sq ft the listing gives as its size range.

Does 996 Third Line have parking or a garage?

Yes — the listing gives 52 parking spaces. Garage: Yes.

Does 996 Third Line have a basement, and is it finished?

The listing describes the basement as: Finished with Walk-Out.

996 Third Line, Otonabee-South Monaghan

What you should know

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

About 996 Third Line

Inside 996 Third Line

Features & systems

996 Third Line Price & Sale History

How 996 Third Line Compares to the Otonabee-South Monaghan Market

Otonabee-South Monaghan market, last 90 days

Recently sold nearby in Otonabee-South Monaghan

Living in Otonabee-South Monaghan: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 996 Third Line

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Third Line? See what yours is worth

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See 996 Third Line, Otonabee-South Monaghan in person

Keep looking near 996 Third Line

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

About 996 Third Line

Inside 996 Third Line

Features & systems

996 Third Line Price & Sale History

How 996 Third Line Compares to the Otonabee-South Monaghan Market

Otonabee-South Monaghan market, last 90 days

Market pulse · Otonabee South Monaghan

Recently sold nearby in Otonabee-South Monaghan

Living in Otonabee-South Monaghan: Location & Amenities

How long is your commute?

Costs, Mortgage & Rental Return for 996 Third Line

Monthly cost of owning

Mortgage payments

Monthly cost

Rental income potential

Own a home on Third Line? See what yours is worth

Zara, any time

A licensed local agent

See 996 Third Line, Otonabee-South Monaghan in person

Questions About 996 Third Line

How much is 996 Third Line listed for?

Is $1,348,000 a good price for 996 Third Line?

Has the price of 996 Third Line changed?

How many bedrooms and bathrooms does 996 Third Line have?

How much would the monthly mortgage be on 996 Third Line?

How does 996 Third Line compare with other homes in Otonabee-South Monaghan?

Has 996 Third Line been sold before?

Where is 996 Third Line?

How long has 996 Third Line been on the market?

What is the price per square foot of 996 Third Line?

Does 996 Third Line have parking or a garage?

Does 996 Third Line have a basement, and is it finished?

Keep looking near 996 Third Line

Market pulse · Otonabee South Monaghan

Questions About 996 Third Line

How much is 996 Third Line listed for?

Is $1,348,000 a good price for 996 Third Line?

Has the price of 996 Third Line changed?

How many bedrooms and bathrooms does 996 Third Line have?

How much would the monthly mortgage be on 996 Third Line?

How does 996 Third Line compare with other homes in Otonabee-South Monaghan?

Has 996 Third Line been sold before?

Where is 996 Third Line?

How long has 996 Third Line been on the market?

What is the price per square foot of 996 Third Line?

Does 996 Third Line have parking or a garage?

Does 996 Third Line have a basement, and is it finished?