$654,900

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1597 Cedar Valley Road, Cavan Monaghan (Cavan Twp) - Single Family for Sale

1597 Cedar Valley Road, Cavan Monaghan (Cavan Twp), Ontario, K0L1V0

3 beds1 bath parking

2051 Jill Lane, Cavan Monaghan (Cavan Twp), Ontario, L0A1C0

4 bd3 ba5 pk2,750 ft²Lot size 100 × 535 ft (1.22 acres)

Listed by Century 21 United Realty Inc.

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For sale

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4 bd3 ba8 pk2,250 ft²Lot size 263 × 650 ft (3.92 acres)

Listed by Royal Service Real Estate Inc.

1427 Stewart Line, Cavan Monaghan (Cavan Twp), Ontario, L0A1C0

For sale

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$875K

1427 Stewart Line, Cavan Monaghan (Cavan Twp), Ontario, L0A1C0

3 bd2 ba6 pk1,300 ft²Lot size 100 × 150 ft (15,000 sq ft)

Listed by Century 21 United Realty Inc.

3 Horizon Avenue, Cavan Monaghan (Cavan Twp), Ontario, L0A1G0

For sale

12 days ago

$660K

3 Horizon Avenue, Cavan Monaghan (Cavan Twp), Ontario, L0A1G0

3 bd3 ba4 pk1,750 ft²Lot size 25 × 105 ft (2,620 sq ft)

Listed by Royal Service Real Estate Inc.

Investment analysis

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$654,900

Cavan Monaghan

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Overview

This 3-bedroom, 1-bathroom home in Cavan Monaghan is for sale offering roughly 1,750 sq ft of space. Listed at $654,900, it is attractively priced about 35% below the $999,900 median asking price in Cavan Monaghan. It has been on the market 1 day, fresher than the Cavan Monaghan average of 134 days.

Houses for Sale in Cavan Monaghan →All real estate in Cavan Monaghan →

Description

1,660 sq ft bungalow in an awesome country setting, minutes from the city, on a 200' x 140' lot with a detached garage/shop, plenty of yard space, two driveways for convenient parking of vehicles and toys. The home features attractive siding and brick veneer, upgraded windows, a metal roof, three bedrooms, office, 5 piece bath, laundry, and large, bright living room with a gas fireplace - everything for main floor living. Located on a quiet road close to Baxter Creek Golf Club and Highway 28. If you are looking to escape the city, this could be the one for you! A pre-inspected home. (id:66096)

Property Details

MLS®: X14144238
Property Type: Single Family
Zoning: RR
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 7
Interior Size: 1,750 ft²
Lot Size: 200 × 140 ft (28,000 sq ft)
Frontage: 200 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Heat Pump, Baseboard heaters, Electric, Natural gas, Other
Cooling: Wall unit
Garage: Detached Garage, Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,704.8/yr
Listed: Yesterday

Features

Appliances: Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Freezer, Water Treatment, Window Coverings, Garage door opener, Water Heater
Foundation: Slab
Exterior: Vinyl siding
Lot Features: Sloping, Level

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Cable, Wireless, Natural Gas Available

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Cavan Monaghan (Cavan Twp) listings, avg age

134d

Price / ft²

$374

List price

$655K

Homes here sell close to asking price

Homes in this market sold for an average of 99.3 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (K0L)

This home lists at $654,900, about 8.3× the local median household income of $79,000.

Carrying it typically needs a household income of about $127,925 (20% down, 25-yr amortization, stress-tested) — roughly 62% above the area median.

Median household income: $79,000
Population: 78,142
Median age: 54
Owner / renter: 88% / 12%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0L)

$654,900· $374/ft²

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Full Cost Breakdown

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Down Payment6.18% · $40,490

Min 6.18%50%

Mortgage payment$3,406/mo

↳ CMHC premium ($24,576 capitalized)

Property tax (est.)$309/mo

Total monthly$3,715

Cash Needed to Close

Down payment (6.18%)$40,490

Land transfer tax$9,573

Est. closing costs$4,465

Total cash needed$54,528

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1597 Cedar Valley Road, Cavan Monaghan (Cavan Twp) - Single Family for Sale

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Description

Property Details

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Neighbourhood profile (K0L)

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