$549,000
5.89 BTC
Photos
Map
337/338 Rainbow Drive, Otonabee-South Monaghan
$549,000
PRICE
3
BEDROOMS
1
BATHROOMS
X13561740
MLSID

337/338 Rainbow Drive, Otonabee-South Monaghan

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.
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Summary

Address
337/338 Rainbow Drive
MLSID
X13561740
Property Type
Detached
Property Category
Bedrooms
3
Bathrooms
1
Rooms
7
Kitchens
1
Zoning
Seasonal/Recreational
Taxes (Annual)
$2,641.00
Tax Year
2025
Published
July 14, 2026
Days on Market
46 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

Fridge, stove, dishwasher

Exclusions

personal belongings

Details

Basement
Partially Finished
Interior Features
Water Heater
Parking Spaces
5
Parking Total
6
Parking Features
Other
Architectural Style
Bungalow
Roof
Asphalt Shingle
Construction Materials
Vinyl Siding
Lot Width
85 Feet
Lot Depth
102 Feet
Water
Other
Heat Source
Electric
Heat Type
Heat Pump
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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