AcreScout

0.86-acre lot on a lake for sale in Otonabee-South Monaghan, ON

$339,000 · Otonabee-South Monaghan, Peterborough County, Ontario · 16 km from Peterborough (nearest town of 10,000+)

Advertised on Kijiji as “0 LAKESIDE ROAD Otonabee-South Monaghan, Ontario”

$339,000Asking price, down $40,000
0.86Acres · 0.35 ha
$394,186/acPrice per acre
$260,000/acTypical per acre of 34 listings of about this size in the region
LakefrontWater
above marketValue check

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Dashed circle: somewhere along the named road (approximate). Google satellite view

Next steps

  1. Lawyer or notary. A real estate lawyer (a notary in Quebec) searches the title for liens, easements and rights-of-way and handles the transfer. Rural land carries more of these than a house in town.
    Law Society Referral Service
  2. Survey. Rural boundaries are often old or unmarked. A land surveyor shows where the lines really are, whether the access road crosses a neighbour's land, and how many acres you are buying.
    Association of Ontario Land Surveyors: find a survey company
  3. Well. Bare land rarely has a tested well. A licensed well contractor knows typical depths and yields nearby and what drilling costs.
    Licensed well contractors
  4. Septic. Without town sewer you need a septic system, and the soil has to suit one. Have a designer or installer look before you buy: poor soil can make a lot costly or impossible to build on.
    QuARTS: qualified on-site sewage designers and installers (BCIN)
  5. Financing and insurance. Most home lenders finance a house plus about 5 acres and want a bigger down payment on bare land. A licensed mortgage broker knows which lenders take land (credit unions and, for farm land, Farm Credit Canada). Arrange insurance before you take possession.
    FSRA mortgage agent and broker search · RIBO insurance broker search

On Ontario waterfront, a 66-ft shore road allowance along the water may still belong to the municipality. Ask the lawyer whether it has been closed and bought.

Official directories and regulators' searches, not recommendations; nobody pays us to be listed. Links checked October 1, 2026. Can I buy land here? covers ownership limits and taxes for your situation.

Land of about this size in Peterborough County

ListingPriceAcresPer acreWaterValue
1 acre
near Marmora
$99,9001$99,900/ac near market
1 acre
near Marmora
$99,9001$99,900/ac near market
0.78-acre lot
Havelock-Belmont-Methuen
$89,9000.78$116,000/ac below market
0.96-acre lot
Douro-Dummer
$197,5000.96$205,623/ac near market
0.81-acre lot
Otonabee-South Monaghan
$199,9000.81$246,486/ac below market
0.75-acre lot
Otonabee-South Monaghan
$265,0000.75$353,333/ac near market
0.98-acre lot
Peterborough
$500,0000.98$510,204/ac above market
0.76-acre lot
Cavan Monaghan
$395,0000.76$520,685/ac near market

Each listing's value check compares it with the nearest listings of about the same size, so one lot can rate above market at a lower price per acre than another elsewhere in the region.

33 listings near Peterborough · All 208 listings in Peterborough County · Ontario