332 T-Way Drive, Cavan Monaghan, ON

$479,000
MLS#:X12184492
3 beds
1 baths
700-1100 sqft
6.0 parking
Residential Freehold
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Property no longer active

This property was sold on June 4, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Cavan Twp. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $479,000 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 465 x 493.22 ft lot
  • Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 6.0 total parking spaces available
  • Notable attributes: Water Heater Owned
  • Efficient forced air heating via propane

Description

Charming 2-Bedroom Log Bungalow on Private 3.75 Acres in Millbrook. Nestled at the end of a peaceful cul-de-sac, this inviting 2-bedroom, 1-bath log bungalow offers a perfect blend of rustic charm and modern convenience. Set on a sprawling 3.75-acre lot, the property is surrounded by mature maple, birch, and apple trees, creating a serene natural oasis ideal for nature lovers. Enjoy the tranquility of private country living while being just minutes from Highway 115, making your daily commute easy and stress-free. Whether you're relaxing on the deck, exploring your wooded acreage, tapping the trees for making maple syrup or harvesting fresh fruit from the small orchard, this home provides the perfect retreat. Don't miss this rare opportunity to own a picturesque log home ( board and batten exterior) in a quiet, sought-after neighborhood schedule your visit today!

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Property Summary

This detached home located at 332 T-Way Drive, Cavan Monaghan is currently for sale and has been available on SousaSells for 412 days. This property is listed at $479,000 with an estimated mortgage of $1,594* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 332 T-Way Drive, Cavan Monaghan is in the Cavan Twp neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 4, 2025
Sold price information is available to members only
Listed Date5/30/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionWood
BasementFull, Partially Finished
Lot Size465 × 493.22 Feet
CountyPeterborough
Annual Tax$4,076
Legal DescriptionLT 23 RCP 106 CAVAN; TOWNSHIP OF CAVAN-MONAGHAN

Parking & Garage

Parking Spaces6.0
Garage Spaces6
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Cul de Sac/Dead End, Hospital, School, School Bus Route, Skiing

Interior Features

Water Heater Owned

Security Features

Carbon Monoxide Detectors, Smoke Detector

Community Features

Location

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332 T-Way Drive, Cavan Monaghan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 332 T-Way Drive, Cavan Monaghan, ON L0A 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Cavan Monaghan.

Configure Loan Settings

Interest Rate4.00%
Down Payment$143,700 (30.0%)
* Minimum Canadian down payment required for this price is $23,950.
Amortization Period30 Years
Estimated Monthly Payment$1,594Based on a loan of $335,300 over 30 years.
Purchase Price$479,000
Loan Amount$335,300
Provincial Land Transfer Tax:$6,055
Total Estimated Closing Taxes:$6,055

About Purchasing a Home in Cavan Monaghan, ON

For a property listed at $479,000 in Cavan Monaghan, the legal minimum down payment is $23,950 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 $6,055 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 $6,055.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Cavan Twp, Cavan Monaghan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$1,040,975

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.