Homula Realty Brokerage
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840 McGregor Bay Road, Otonabee-South Monaghan, ON K0L 2G0

4 beds · 2 baths · 1 kitchen · 11 rooms · 10 parking spaces · 2500-3000 sq ft · Rural Residential
$799,000
Property tax
$3,627 / year

A VIEW LIKE THIS DOESN'T COME ALONG OFTEN.Perched on just over 2.5 acres, this impressive ~2,900 sq ft all-brick 2.5-storey home offers truly breathtaking panoramic views over Rice Lake and the surrounding countryside-an ever-changing backdrop you'll never get tired of.From the moment you step inside, you'll appreciate the perfect blend of timeless character and thoughtful modern updates. Original trim details, pocket doors, and a stunning staircase showcase the home's craftsmanship, while recent improvements bring comfort and style to today's living.The main floor features a welcoming foyer, a spacious living room filled with natural light, and a formal dining area ideal for entertaining. The beautifully updated kitchen is a standout, complete with a large island, modern finishes, and walkout access to an oversized mudroom with additional storage. A main floor bedroom, laundry, and 2-piece bath add everyday convenience.Upstairs, a unique and functional layout offers four bedrooms accessed by two separate staircases-perfect for families or guests. At the heart of the second level is a stunning, newly renovated bathroom designed for easy access from all bedrooms. You'll also find access to the attic and a walkout to an upper-level porch where the views truly steal the show.The basement provides solid storage space and endless potential for future development.Outside, the property continues to impress with multiple outbuildings, including a large barn, a covered open-faced barn, and a spacious drive shed-ideal for hobbyists, storage, or rural living at its finest.This is a rare opportunity to own a property that offers space, character, and one of the most incredible views in the area.Properties like this don't come around often-don't miss your chance.

MLS number
X13453526
Type
Rural Residential
Status
Active
Bedrooms
4
Bathrooms
2
Postal code
K0L 2G0
Photos
49
88days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 4 times.

Sale history is for registered usersSee what this address sold for and when, across all 4 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
North Shore Public School
Kawartha Pine Ridge DSB
Elementary2.4 km7.2 / 10
72% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 929 people.

$76,500Median household income
87.5%Own their home
68.5%Detached houses
58.4Median age
10.4%Born outside Canada
14.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150344 — the few blocks around this address, home to 929 people. It describes the area, not this property.

929Population
52.7Average age
2.3Household size
$85,600Average household income
$76,500Median household income
88%Own their home
13%Rent
4%Condominiums
10%Born outside Canada
14%University degree
$548,000Average home value
12%Low income
96%Not in the labour force
16%Never married
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9993%
$100,000 and over27%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,9997%
$200,000 and over6%

Percentages are of the 490 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$159,800 · minimum here is $54,900
$3,537.80per month
Borrowed before insurance$639,200
Total borrowed$639,200
Interest over 25 years at 4.5%$422,140

If you rented it out

-$3,840.05per month out of pocket
Rent$0.00
Everything it costs to hold$3,840.05
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Exp Realty. Listing data provided by the Toronto Regional Real Estate Board.