60 King Street, Cavan Monaghan, ON

$1,390,000
MLS#:X12967658
5 beds
4 baths
3500-5000 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Millbrook Village. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,390,000 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 3500-5000 sqft on a premium 100 x 487.87 ft lot
  • Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Central Vacuum, Guest Accommodations, In-Law Capability
  • equipped with other central cooling and highly efficient heat pump heating via electric

Description

Beautifully preserved residence offering over 4,500 sq ft of living space in one of Millbrook's most coveted locations. Built in 1872 and rich in original detail - wide plank hardwood floors, substantial period trim, oversized doors, and a stunning central staircase. Open, livable, and quietly elegant.Bright, flexible living areas with large windows throughout. Well-appointed kitchen features granite countertops, built-in wall ovens, gas range, and classic wood cook stove. Generous bedrooms and a thoughtful layout.Exterior & Grounds: Just over 1 acre, fully fenced and private, heated in-ground pool, Tranquil pond, Gated access to nearby walking trails. Detached Drive-Through 3-Car Garage with Loft: Currently used as a studio - exceptional natural light, Walkout deck with elevated views over the landscape. Ideal for studio, home office, gym, or guest suite. House is ideal for multi-generational living. New heat pump (2025). Too many updates to list. Pre-Listing Inspection available. A distinguished property that rarely comes to market.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
1
Living Area
3500-5000 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date4/7/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementUnfinished
Lot Size100 × 487.87 Feet
CountyPeterborough
Annual Tax$7,418
Legal DescriptionCON 5 PT LOT 11 PLAN 1 PT OG UNNUMBERED LT & CORE LT RP9R 1272 PART 1 & RP9R2220 PART 2

Parking & Garage

Parking Spaces8.0
Garage Spaces6
Garage TypeDetached

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingOther

Features

Property Features

Interior Features

Central Vacuum, Guest Accommodations, In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

Location

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60 King Street, 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 60 King Street W, 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.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$278,000 (20.0%)
* Minimum Canadian down payment required for this price is $278,000.
Amortization Period25 Years
Estimated Monthly Payment$6,627Based on a loan of $1,112,000 over 25 years.
Purchase Price$1,390,000
Loan Amount$1,112,000
Provincial Land Transfer Tax:$24,275
Total Estimated Closing Taxes:$24,275

About Purchasing a Home in Cavan Monaghan, ON

For a property listed at $1,390,000 in Cavan Monaghan, the legal minimum down payment is $278,000 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 $24,275 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 $24,275.

Nearby Listings

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$891,217

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.