986 Third Line, Otonabee-South Monaghan, ON K0L 1B0
Otonabee-South Monaghan · Near Third Line & County Rd 2 · View map
About this home
Welcome to luxury, comfort, and unmatched versatility in this custom-built, 4-year-old multi-generational masterpiece. Situated on an expansive, nearly 3/4-acre lot backing onto tranquil farmland and just minutes from Rice Lake, this exceptional home offers premium Insulated Concrete Form (ICF) construction for superior durability and energy efficiency.Step inside the main level to discover a dramatic living room featuring soaring 15' vaulted ceilings and a magnificent floor-to-ceiling fireplace. The award-winning kitchen is a chef's dream, complete with a massive central island, premium finishes, and a spacious walk-in pantry, seamlessly flowing into a bright dining area flooded w natural light. A main-floor open office boasts floor-to-ceiling custom shelving, perfect for working from home.Unwind in the primary retreat, an oasis featuring a custom window bench w built-in shelves, a large private dressing room, and a spa-like 5pc ensuite bath.The upper level offers two additional bedrooms w custom built-ins including one w a secret hidden fort inside the walk-in closet! 5pc bath w heated floors.An upstairs family room & adjacent den offer flexible living space that can easily serve as an alternative top-floor primary suite.The sprawling lower level features a cozy rec room for the main house, plus a fully self-contained 1,200 sq. ft. 2-bedroom in-law suite w its own separate entrance. Complete w a full kitchen, living and dining areas, 4-piece bath, laundry, & large above-grade windows, this bright suite offers true multi-generational independence.Outside, relax on two back decks overlooking your fully-fenced, private backyard oasis w endless room for gardens, recreation, & sunset views over open farmland. A fully insulated 689 sq. ft. garage completes this extraordinary property. Luxury, privacy, & endless possibilities await! Looking to create a large family homestead? The 95-acre farm in behind with custom bungalow w in-law potential is also for sale (X13488912).
The home
- Type
- 2-storey detached home
- Style
- 2-Storey
- Square footage
- 3000-3500 sq ft
- Bedrooms
- 3
- Basement bedrooms
- 2
- Bathrooms
- 4
- Kitchens
- 2
- Rooms
- 15
- Basement
- Finished, Separate Entrance, Apartment
- Lot size
- 183.7 x 176 ft
- Faces
- North
- Approximate age
- 0-5 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Board & Batten, Stone
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Air conditioning
- Central Air
- Fireplace
- Yes
Garage & parking
- Garage
- Attached
- Garage spaces
- 2
- Driveway spaces
- 10
- Total parking
- 12
- Parking features
- Private
Taxes & other
- Property taxes
- $7,971/yr
- Tax year
- 2026
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Third Line & County Rd 2
- Neighbourhood
- Otonabee-South Monaghan
More
- Price per sq ft
- ~$492 (at 3,250 sq ft)
- MLS® number
- X14130266
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The home and its surroundings
- Bar Fridge
- Carpet Free
- Lake/Pond
- Clear View
- Fenced Yard
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
986 Third Line, Otonabee-South Monaghan, ON K0L 1B0
Otonabee-South Monaghan · Near Third Line & County Rd 2
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Listing history for 986 Third Line
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 986 Third Line
Answers come straight from this home’s MLS® listing.
How much is 986 Third Line listed for, and what would it cost each month?
986 Third Line is listed for $1,598,000. With 20% down ($319,600), the mortgage payment would be roughly $6,446 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,110 a month, all in. That figure is an illustration, not a quote.
Is 986 Third Line freehold or a condo, and is there a monthly fee?
986 Third Line is a 2-storey detached home in Otonabee-South Monaghan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
How many bedrooms and bathrooms does 986 Third Line have?
986 Third Line has 3 bedrooms, plus 2 more bedrooms in the basement, and 4 bathrooms.
Does 986 Third Line have a garage and parking?
Yes. The listing shows the garage as attached, with room for 2 cars. The driveway adds 10 spaces. In total the listing counts 12 parking spaces.
Does 986 Third Line have a finished basement?
The listing describes the basement as finished, separate entrance, apartment. It counts 2 bedrooms on that level. Finished basement space is usually not counted in the square footage shown. A listing description is not proof of a legal second unit, so confirm zoning and permits with the municipality before counting on rental income.
What style of home is 986 Third Line?
986 Third Line is a 2-storey detached home. A 2-storey detached house has its living space on the main floor and the bedrooms upstairs, on its own lot with no shared walls.
How big is 986 Third Line, and what is the lot size?
The listing puts the home between 3,000 and 3,500 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 183.7 x 176 ft.
How is 986 Third Line heated and cooled?
Heating is forced air (propane). Cooling is central air.
What are the property taxes for 986 Third Line?
Property taxes are $7,971 a year (2026), or about $664 a month.
Where is 986 Third Line?
986 Third Line is in Otonabee-South Monaghan. The nearest main intersection is Third Line & County Rd 2. The postal code is K0L 1B0.
Is 986 Third Line still for sale?
Yes. It is an active listing (MLS® X14130266). Listings here update from the board through the day and come down once a home sells.
What are similar detached homes near 986 Third Line asking?
Similar detached homes for sale nearby right now include 50 Golden Meadows Drive at $1,549,000 (4 bed), 1786 Matchett Line at $1,299,900 (4 bed) and 820 Rahmel Road at $1,149,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 986 Third Line sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 986 Third Line?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar detached homes nearby
More detached homes for sale near Otonabee-South Monaghan, picked by style, size and price.
2-storey detached home$1,549,00050 Golden Meadows Drive, Otonabee-South Monaghan4 bed · 5 bath · Otonabee-South MonaghanCourtesy of: RE/MAX ACE REALTY INC.View home →
2-storey detached home$1,299,9001786 Matchett Line, Otonabee-South Monaghan4 bed · 2 bath · Otonabee-South MonaghanCourtesy of: Keller Williams Energy Real EstateView home →
2-storey detached home$1,149,000820 Rahmel Road, Otonabee-South Monaghan4 bed · 2 bath · Otonabee-South MonaghanCourtesy of: The Nook Realty Inc.View home →Courtesy of: Strive Realty Ltd.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.