2145 Preston Road, Cavan Monaghan, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of Cavan-Monaghan. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $542,599 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 175 x 449.7 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 16.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Nestled on 1.8 acres just outside Peterborough, this charming 1.5-storey home with a single detached garage. This home offers 2 + 1 bedrooms, 1 bath, an eat-in kitchen, a cozy family room with a fireplace, a living room in the lower level. While the home does need some TLC and updating, it's a fantastic opportunity for first-time homebuyers or downsizers. Enjoy the best of country living with the convenience of being just minutes from Highway 115 and close to all the amenities Peterborough and the surrounding area have to offer. This is a perfect canvas for your dream home.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Golf, Level, School Bus Route
Interior Features
Water Heater
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2145 Preston Road, Cavan Monaghan, ON K9J 0G5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Cavan Monaghan, ON
For a property listed at $542,599 in Cavan Monaghan, the legal minimum down payment is $29,260 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,327 for this transaction. As this listing is in Cavan Monaghan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,327.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.