Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Cavan Twp. Expertly crafted featuring premium aluminum siding and brick construction, this residence presents an exceptional opportunity offered at $689,900 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.
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.
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Primary Bedroom - Main Floor
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Data-driven valuation for 23 Valley Road, Cavan Monaghan, ON L0A 1G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cavan Monaghan.
About Purchasing a Home in Cavan Monaghan, ON
For a property listed at $689,900 in Cavan Monaghan, the legal minimum down payment is $43,990 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 $10,273 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 $10,273.
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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.