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2215 David Fife Line, Otonabee-South Monaghan, ON K0L 1B0

Investment
$699,900

Peterborough County home with separate-entry in-law potential, home-based business space, and convenient access to Highway 7, Highway 115, and the 407. Set on approximately half an acre, this distinctive property offers excellent road exposure while combining country character, commuter convenience, practical updates, and flexible live/work possibilities near Peterborough and the Kawarthas. The main residence offers comfortable living space with bedrooms, a living room, dining area, four-piece bathroom, additional two-piece bathroom, and plenty of character. The modern kitchen is well equipped with a fridge/freezer, six-burner gas stove, and double oven, creating a functional space for cooking, entertaining, and everyday family life. The attached A-frame provides exceptional flexibility with its own separate entrance and a defined area apart from the main residence. The main level includes two rooms, laundry facilities, a three-piece bathroom, and a rear area with potential for a future kitchen. A spacious great room above provides even more usable space. The layout may appeal to buyers looking for extended-family or in-law accommodations, a professional office, home-based business, guest space, or other flexible living options. Additional space within the home provides room for family, guests, remote work, or a private retreat. Recent improvements include the roof and deck, updated approximately six years ago, along with the septic system and septic bed, updated approximately nine years ago. A detached garage with heated workshop provides valuable storage and workspace for contractors, tradespeople, hobbyists, or vehicle enthusiasts. Ideal for commuters, entrepreneurs, and multi-generational families, this unique Peterborough-area property combines residential comfort, separate-entry flexibility, Highway 7 exposure, workspace, and convenient access to major transportation routes.

MLS number
X13707012
Type
Investment
Status
Active
Bedrooms
Bathrooms
Postal code
K0L 1B0
Photos
41
Property tax
$3,169 / year
20days · 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 5 times.

Sale history is for registered usersSee what this address sold for and when, across all 5 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.

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.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 554 people.

$107,000Median household income
90.9%Own their home
97.6%Detached houses
48.4Median age
6.6%Born outside Canada
16.7%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150280 — the few blocks around this address, home to 554 people. It describes the area, not this property.

554Population
44.3Average age
2.6Household size
$113,000Average household income
$107,000Median household income
91%Own their home
9%Rent
0%Condominiums
7%Born outside Canada
17%University degree
$655,000Average home value
6%Low income
62%Not in the labour force
22%Never married
$25,000 to $29,9992%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9995%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over33%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,9999%
$200,000 and over8%

Percentages are of the 320 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.

$139,980 · minimum here is $44,990
$3,099.01per month
Borrowed before insurance$559,920
Total borrowed$559,920
Interest over 25 years at 4.5%$369,782

If you rented it out

-$3,363.09per month out of pocket
Rent$0.00
Everything it costs to hold$3,363.09
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 RE/MAX HALLMARK EASTERN REALTY. Listing data provided by the Toronto Regional Real Estate Board.