For Sale: 337/338 Rainbow Drive, Otonabee-South Monaghan, ON - REW
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$549,000
3 bd • 1 ba • < 698 sf • House
337/338 Rainbow Drive
337/338 Rainbow Drive - 2
337/338 Rainbow Drive - 3
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$549,000
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337/338 Rainbow DriveOtonabee-South Monaghan, ON, K0L 1B0

  • 3 Bed
  • 1 Bath
  • < 698 Sqft
  • House

About this home

Seasonal waterfront cottage on the Otonabee River near Peterborough, offering two lots, direct river access, a dock, water views, detached garage, and easy access to Rice Lake and the Trent-Severn Waterway. Enjoy the Kawartha cottage lifestyle from this raised bungalow featuring 3 bedrooms, 1 bathroom, and an open-concept kitchen/living area with walkout to a large deck-ideal for BBQs, entertaining, morning coffee, and relaxing by the water. The newer lower level offers approximately 8' ceiling height, a walkout, and a spacious open area with potential for a games room, lounge, hobby space, or future finished living area. A bathroom and laundry rough-in add further flexibility. At the shoreline, stairs lead to the water and dock, with shallow entry, mixed shoreline, and direct Otonabee River access for boating, fishing, swimming, and paddling. A second lot across the road provides valuable additional space, privacy, parking, and a detached garage for vehicles, boats, and cottage equipment. The lot measures approximately 44.92' at the front, 99.97' and 93.91' along the sides, and 22.81' at the rear. Future use is subject to zoning, conservation, and municipal approvals. The property is also understood to benefit from two rights-of-way for water access; buyers are encouraged to verify their use and legal status. Approximately 15 minutes from Peterborough and 90 minutes from Toronto, with Squirrel Creek Conservation Area, public beach, boat launch, picnic areas, Rice Lake, and the Trent-Severn Waterway nearby. Discover the possibilities this Otonabee River cottage property has to offer-contact your REALTOR to arrange a private viewing. (id:63626)
Listed by
Frank Rosso
Salesperson
Frank Rosso
RE/MAX HALLMARK EASTERN REALTY
40 years experience
English, Italian
20 Recommendations
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Home facts and features

Price details
List Price
$549,000
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Gross Taxes for 2026
$2,641
Home facts
Bedrooms
3
Full Bathrooms
1
Parking Spaces
6
Parking Details
Detached Garage, Garage
Property Type
House
Depth
102 feet
Frontage
85.0 feet
Title
Freehold
Style
Bungalow
Exterior Finish
Vinyl siding
Heating Type
Heat Pump, Electric
Cooling
Central air conditioning
Basement Details
Partially finished,
Appliances
Dishwasher, Refrigerator, Stove, Water Heater
Agent details
Primary Agent
Frank Rosso
Primary Broker
RE/MAX HALLMARK EASTERN REALTY
Listing details
Days on REW
57 Days
Property Views
29
MLS® Number
X13561740
Source
Canadian Real Estate Association
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Salesperson
Frank Rosso
20 Recommendations
Phone:
705-933-9688
Cell:
705-933-9688
Office:
705-652-3367
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