A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 337/338 Rainbow Dr, Otonabee-South Monaghan Ontario K0L 1B0
3 days on Market

337/338 Rainbow Dr, Otonabee-South Monaghan, Ontario K0L 1B0

Detached
3
1
~< 700 sqft
$699,000
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Detached
3
1
~< 700 sqft

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Property Estimate

Days on market3 days

Estimated valueNot available

Price/Sqft$499/sqft

Monthly cost

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Description

Upgraded cottage on Otonabee River just north of Rice Lake. This two lot property features a raised bungalow with 3 bedrooms, open kitchen/living room area all updated over the last 5 years. Now featuring a new foundation and 8 ft high lower level ceiling with walk outwaiting for your finishing touches. Added features include, a second lot with detached garage and potential for additional living space, Jet Ski with lift, lots of Cottage Toys and stunning views. This one has easy 401 access and is the perfect family get away spot.


Property Details

StyleBungalow-Raised
View-
Age of property51-99
SqFt~< 700 SqFt
Lot Size7,455 SqFt(91.45 x 81.53)
Parking Spaces5
MLS ®NumberX13072012
Community NameOtonabee-South Monaghan
Data SourceTRREB
Listing byROYAL LEPAGE PROALLIANCE REALTY

Features

Heating: Heat Pump
Cooling: Wall Unit
Basement: Unfinished

Main Floor

Bathroom

1.25 x 1.65

3 Pc Bath

Kitchen

3.4 x 2.75

Primary

2.45 x 3.05

2nd Br

2.45 x 2.45


Features

Lot size: 7,455 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 5


Property History

May 2, 2026
ListedActive
$699,000
3 days on market
history photo preview8
Listing by trreb®
Property listed by ROYAL LEPAGE PROALLIANCE REALTY, Brokerage
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Market Data - Otonabee-South Monaghan

Geo Zone Map ThumbnailOtonabee-South Monaghan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

43 days

Compared to

2025

21 days

2024

23 days

2023

67 days

New Listings

Past 30 days

24 listings

Compared to

2025

17 listings

2024

26 listings

2023

28 listings

Units sold

Past 30 days

4 units

Compared to

2025

7 units

2024

8 units

2023

15 units

Median Sold Price

Past 30 days

$867,500

Compared to

2025

$563,500

2024

$775,500

2023

$950,000


Population and Demographics

Overview

Total population 8093
Average household income $121,448

Age (%)

0 to 19
20%
20 to 34
15%
35 to 49
16%
50 to 64
25%
65 and plus
24%

Household composition (%)

Single family
75%
Single person
22%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
96%
Others
3%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget