$2,245,000

For sale

720 Morton Line, Cavan Monaghan (Cavan Twp) - Agriculture for Sale

720 Morton Line, Cavan Monaghan (Cavan Twp), Ontario, L0A1C0

4 beds2 baths12 parking1925 × 4758 ft (210.26 acres) lotListed 107 days ago

Overview

This farm in Cavan Monaghan is for sale. It has been on the market 107 days, fresher than the Cavan Monaghan average of 134 days.

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Description

Discover an exceptional agricultural opportunity with this 198.85-acre farm in Cavan, featuring approximately 175 workable acres in a highly desirable location with convenient access to Highway 115 and the City of Peterborough. The spacious 2,468 sq. ft. farmhouse offers four generously sized bedrooms and two bathrooms, providing comfortable living for a growing family. A modern barn with a six-year-old milking parlour is well-equipped for dairy operations, while several additional outbuildings and workshops offer ample storage for equipment, feed, and farm supplies. Large generator for the barn with substantial power supply. Whether you're looking to expand an existing agricultural operation or invest in a farm property, this outstanding property combines quality infrastructure, productive acreage, and an excellent location. Not to mention, the unlimited scenic views. (id:66096)

Property Details

MLS®: X13583802
Property Type: Agriculture
Zoning: RU
Bedrooms: 4
Beds (above / below): 4 above · 0 below
Bathrooms: 2
Half Baths: 1
Parking: 12
Lot Size: 1925 × 4758 ft (210.26 acres)
Frontage: 1,925 ft
Storeys: 2
Basement: Unfinished, N/A
Heating: Forced air, Electric, Wood, Other
Cooling: None
Garage: Attached Garage, Garage
Fireplace: Yes
Property Tax: $6,786.96/yr
Listed

Rooms

Main level

Kitchen: 3 x 4.26 meters
Dining room: 4.57 x 5.4 meters
Living room: 5.4 x 4.08 meters
Family room: 5.4 x 3.3 meters

Second level

Primary Bedroom: 5.7 x 5.2 meters
Bedroom 2: 3.1 x 4.81 meters
Bedroom 3: 3.32 x 2.95 meters
Bedroom 4: 3.07 x 2.37 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, Water Heater
Foundation: Stone
Exterior: Brick

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

107d

Cavan Monaghan (Cavan Twp) listings, avg age

134d

List price

$2.25M

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 4-bed agriculture in Cavan Monaghan (Cavan Twp) has been listed for 107 days, which is 27 days fresher than the city average of 134. Act while there is still low competition.

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Listed by AFFINITY GROUP PINNACLE REALTY LTD. · Scott Beukeboom

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L0A)

This home lists at $2,245,000, about 19.7× the local median household income of $114,000.

Carrying it typically needs a household income of about $438,527 (20% down, 25-yr amortization, stress-tested) — roughly 285% 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)

$2,245,000

For sale

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Financing

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