371 Zion Line, Cavan Monaghan, ON
Property no longer active
This property was sold on April 24, 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 brick construction, this residence presents an exceptional opportunity offered at $399,000 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 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 352 x 240 ft lot
- Features a walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 11.0 total parking spaces available with a convenient built-in configuration
- Notable attributes: None
- Efficient forced air heating via electric
Description
INCREDIBLE OPPORTUNITY - 2 ACRE PROPERTY WITH ENDLESS POSSIBILITIES! Spacious 3-bedroom bungalow on pristine 2-acre level lot in the Oak Ridges Moraine. Prime location just minutes from charming Millbrook. Perfect canvas for investors or end-users. Ideal setup for: Hobby farm - Estate development - Peaceful country retreat. Generous lot size allows for future expansion. Rural setting while maintaining easy access to amenities. Perfect opportunity for buyers looking to create their dream property. Rare find in today's market - 2 acres of level land provides unlimited potential for customization. Whether you envision a serene country estate, productive hobby farm, or transformed modern residence, this property offers the perfect foundation. Millbrook amenities, schools, and shops just minutes away. Easy commute to GTA. Don't miss this chance to own a piece of prime countryside with unlimited potential.
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Property Summary
This detached home located at 371 Zion Line, Cavan Monaghan is currently for sale and has been available on SousaSells for 457 days. This property is listed at $399,000 with an estimated mortgage of $1,328* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 371 Zion Line, 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
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 371 Zion Line, Cavan Monaghan, ON L0A 1G0
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 $399,000 in Cavan Monaghan, the legal minimum down payment is $19,950 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 $4,460 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 $4,460.
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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.