8318 Cavan Road, Hamilton Township, ON

$599,900
MLS#:X9003828
4 beds
2 baths
12.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Rural Hamilton. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,900 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.

  • 4 Bedrooms and 2 Bathrooms
  • Premium 164.07 x 260.71 ft lot size
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 12.0 total parking spaces available
  • Notable attributes: In-Law Capability
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Welcome to this exquisite 3+1 bedroom, 2 bathroom raised bungalow, nestled on a breathtaking country lot in the picturesque hamlet of Plainville. Just minutes away from the Town of Cobourg and a stone's throw from the serene Rice Lake, this home offers an idyllic retreat with the convenience of nearby town amenities. The main floor boasts three beautifully appointed bedrooms, a 4-piece bathroom, a bright living room, a well-designed galley kitchen, and a dining room that opens up to a spacious private back deck. From here, you can soak up the stunning views of the surrounding countryside. A few steps down, you'll find a charming covered gazebo, perfect for relaxing and enjoying the peaceful outdoors. This spectacular lot provides endless opportunities for outdoor activities and gardening. The lower level features an additional bedroom with a large window for easy egress, a 3-piece bathroom, and a generously sized finished rec room, ideal for family gatherings or a home theater. Quality finishes throughout the home enhance its charm and appeal. The laundry room on this level adds to the home's practicality and convenience. Don't miss out on this exceptional property that perfectly blends the tranquility of country living with easy access to urban amenities. Whether you are relaxing on the deck, enjoying the gazebo, or exploring the expansive lot, this home offers a unique and wonderful living experience. Seize the opportunity to make this charming bungalow your new home!

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Property Summary

This detached home located at 8318 Cavan Road, Hamilton Township is currently for sale and has been available on SousaSells for 740 days. This property is listed at $599,900 with an estimated mortgage of $1,997* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 8318 Cavan Road, Hamilton Township is in the Rural Hamilton neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 6, 2024
Sold price information is available to members only
Listed Date7/2/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementFinished
Lot Size164.07 × 260.71 Feet
CountyNorthumberland
Annual Tax$3,028.99
Legal DescriptionPT LT 19 CON 7 HAMILTON PT 1, 39R1267, PT 1, 39R9105; HAMILTON

Parking & Garage

Parking Spaces12.0
Garage Spaces12
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

In-Law Capability

Security Features

Community Features

Location

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8318 Cavan Road, Hamilton Township, 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 8318 Cavan Road, Hamilton Township, ON K0K 2E0

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 Hamilton Township.

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Interest Rate4.00%
Down Payment$179,970 (30.0%)
* Minimum Canadian down payment required for this price is $34,990.
Amortization Period30 Years
Estimated Monthly Payment$1,997Based on a loan of $419,930 over 30 years.
Purchase Price$599,900
Loan Amount$419,930
Provincial Land Transfer Tax:$8,473
Total Estimated Closing Taxes:$8,473

About Purchasing a Home in Hamilton Township, ON

For a property listed at $599,900 in Hamilton Township, the legal minimum down payment is $34,990 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 $8,473 for this transaction. As this listing is in Hamilton Township (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $8,473.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Rural Hamilton, Hamilton Township.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$963,134

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.