$1,299,000
Cavan Monaghan
60 King Street West, Cavan Monaghan (Millbrook Village), Ontario, L0A1G0
This 5-bedroom, 4-bathroom home in Cavan Monaghan is for sale offering roughly 4,250 sq ft of space. It has been on the market 43 days, fresher than the Cavan Monaghan average of 77 days.
An Exceptional Historic Village Estate in MillbrookOver 5,250 Sq. Ft. Finished | 1.12 Acres | Detached Studio | Heated Pool | Hot Tub | PondHistoric charm, modern comfort and peaceful privacy in the heart of picturesque Millbrook. Set on approx. 1.12 beautifully landscaped, fully fenced acres, this 1872 brick residence offers approx. 4,500 sq. ft. of finished living space plus a 750 sq. ft. year-round studio above the detached three-car garage.Original architectural details, beautiful woodwork, generous proportions and abundant natural light create a home rich in character. Five spacious bedrooms (potential for a sixth), four bathrooms, multiple fireplaces and expansive principal rooms offer exceptional flexibility for family life, entertaining and multigenerational living. The chef's kitchen features granite counters, wall ovens, a gas cooktop and a traditional wood-burning cookstove, while the family room overlooks the heated inground pool.Above the three-car drive-through garage, the climate-controlled studio, currently used by an artist, offers inside and outside access, a new heat pump with A/C, supplemental baseboard heat, abundant outlets and a sliding door to a private 10' x 7' deck overlooking the pond. Ideal as a home office, creative space or private retreat.Outdoors, mature trees, established gardens, a tranquil pond, heated pool and premium Marquis hot tub create a private country-estate feel, with room for children, pets, gardening and entertaining, plus nearby walking trails. Walk to Millbrook's shops, restaurants and amenities, with easy access to Peterborough and the GTA.An efficient heat pump system adds modern comfort and peace of mind. Previously a licensed bed and breakfast, the property offers intriguing live/work possibilities. A truly distinctive home with room for generations to thrive in a welcoming village community. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 43 days on market, against an average age of 77 days across the listings currently for sale in this city
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.
This 5-bed single family in Cavan Monaghan (Millbrook Village) has been listed for 43 days, which is 34 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,299,000, about 11.4× the local median household income of $114,000.
Carrying it typically needs a household income of about $253,740 (20% down, 25-yr amortization, stress-tested) — roughly 123% above the area median.
Source: Statistics Canada, 2021 Census (FSA L0A)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.