$649,900

For sale

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

23 Valley Road, Cavan Monaghan (Cavan Twp), Ontario, L0A1G0

3 beds1 bath9 parking1,300 ft²170 × 353 ft (1.37 acres) lot sizeListed 50 days ago

Overview

This 3-bedroom, 1-bathroom home in Cavan Monaghan is for sale offering roughly 1,300 sq ft of space. Listed at $649,900, it is attractively priced about 35% below the $999,900 median asking price in Cavan Monaghan. It has been on the market 50 days, fresher than the Cavan Monaghan average of 134 days.

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Description

Unlock the endless potential of this classic raised bungalow, situated on a sprawling 1.38-acre level lot. Nestled in a sought-after neighbourhood just minutes from Millbrook, you'll enjoy a serene setting with mature trees and vast space for play or gardening. The main floor has plenty of natural light and features a functional family layout, where a bright kitchen complete with new appliances and ample storage flows into a dining area that walks out to the backyard. All bedrooms are generously sized with dedicated closet space. The partially finished basement has above-grade windows providing ample natural light, making it a perfect canvas for future possibilities. Reolink Wired 8-CH 2TB NVR Security System with four 4K UHD Bullet Cameras and power backup. Natural gas is available at the road. Complete with an attached garage and a massive driveway for ample parking, this home offers commuter convenience with easy access to the 115/407 extension, placing you just 15 minutes from Peterborough and 25 minutes from Bowmanville. (id:66096)

Property Details

MLS®: X13787562
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 9
Interior Size: 1,300 ft²
Lot Size: 170 × 353 ft (1.37 acres)
Frontage: 170 ft
Storeys: 1
Style: Raised bungalow
Basement: Full
Heating: Baseboard heaters, Electric
Cooling: None
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $3,898/yr
Listed

Rooms

Main level

Kitchen: 3.06 x 3.66 meters
Living room: 3.34 x 2.8 meters
Dining room: 4.29 x 4.08 meters
Primary Bedroom: 3.58 x 3.91 meters
Bedroom 2: 3.06 x 2.73 meters
Bedroom 3: 3.25 x 3.05 meters

Basement

Recreational, Games room: 3.32 x 6.39 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer
Foundation: Block
Exterior: Brick, Aluminum siding

Services

Water: Dug Well
Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Cavan Monaghan (Cavan Twp) listings, avg age

134d

Price / ft²

$500

List price

$650K

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.

Haho

This 3-bed single family in Cavan Monaghan (Cavan Twp) has been listed for 50 days, which is 84 days fresher than the city average of 134. Act while there is still low competition.

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Listed by Re/Max All-Stars Realty Inc. · Christopher Schier

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0A)

This home lists at $649,900, about 5.7× the local median household income of $114,000.

Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.

Median household income: $114,000
Population: 15,325
Median age: 44
Owner / renter: 93% / 7%
Avg. household size: 2.8

Source: Statistics Canada, 2021 Census (FSA L0A)

$649,900· $500/ft²

For sale

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Full Cost Breakdown

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Down Payment6.15% · $39,990

Min 6.15%50%

Mortgage payment$3,381/mo

↳ CMHC premium ($24,396 capitalized)

Property tax (est.)$325/mo

Total monthly$3,706

Cash Needed to Close

Down payment (6.15%)$39,990

Land transfer tax$9,473

Est. closing costs$4,450

Total cash needed$53,913

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