Sold for:Sold May 28, 2025
$1,229,900

1586 Carmel 2nd Line

Cavan Monaghan (Cavan Twp), ON L0A 1G0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1586 Carmel 2nd Line, Cavan Monaghan, Cavan Twp

2025-05-16
2025-05-29
Sold
Price
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MLS#
x12153120

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1586 Carmel 2nd Line, Cavan Monaghan, Cavan Twp

PREPARE TO BE IMPRESSED by this exceptional ranch bungalow offering OVER 2,800 SQUARE FEET of beautifully designed living space, all set on a breathtaking 2.48-acre landscaped and treed lot. From the moment you arrive, you'll be captivated by the charm, character, and thoughtful layout of this one-of-a-kind home. Step inside to an open-concept main floor filled with natural light and wide plank engineered hardwood throughout. The heart of the home is a spectacular Great Room featuring a chef-inspired kitchen with a large island, quartz countertops, and a walk-in pantry complete with custom shelving, countertop space, and a wine fridge. The spacious dining area with a cozy wood-burning fireplace flows seamlessly into a picturesque backyard, while the inviting living room offers built-in surround speakers for the ultimate media experience. A dedicated laundry room adds extra convenience to daily living. On the west wing, discover a serene and expansive primary suite with a large walk-in closet and a spa-like ensuite with dual vanities and heated floors. Two additional generously sized bedrooms complete this wing. The unique and private east wing offers incredible flexibility, perfect as a separate in-law suite with its own bathroom and private entrance, or as a secluded family retreat. This wing also offers a private office. Additional features include a separate mudroom, walkout access to an oversized double garage, and an expansive unfinished lower level offering endless possibilities for customization, complete with a wood stove and a large cold cellar. Every inch of this property has been thoughtfully designed to combine luxury, comfort, and functionality. This is more than a home, its a lifestyle. COME EXPERIENCE FOR YOURSELF. See Virtual tour and pre home inspection available. 439 feet of frontage here. Lot starts approx. where one of my signs are on the east side.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,771
Land Transfer Tax Fee
$21,073

Basement Type
Full, Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
None
Fireplace/Stove
Yes
Fireplace Features
Wood
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Brick
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
439.65 ft
Lot Depth
250.11 ft
Lot Size
2.47

Inclusions

Inclusions
FRIDGE, STOVE, DISH WASHER, WASHER, DRYER, MICROWAVE, MINI FRIDGE, 2 CHEST FREEZERS IN BASEMENT AND FRIDGE IN BASEMENT

Exclusions

Exclusions
OUT SIDE SPEAKERS

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Propane
Heat Type
Heat Pump
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
4
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Washrooms

  • 5-piece, Main
  • 4-piece, Main

Municipality
Cavan Monaghan
Neighbourhood
Cavan Twp
Main cross streets
PETERBOROUGH RD 28
Directions
SEE MAPPING

MLS® number
X12153120
Data source
Toronto Regional Real Estate Board
Status change
2025-05-29
Listed on
2025-05-16
Days on market
13 days
Possession type
Flexible
Co-op commission
2
Seller
Listed by
REALTY GUYS INC.

Home Market Value

Current home valuation for 1586 Carmel 2nd Line, Cavan Monaghan, Cavan Twp, Cavan Monaghan, ON. Listed for $1,229,900

HOMEH Estimate

?

$1,293,702

Estimated Sales Range

?

$1,022,025 - $1,565,379

HOMEH Estimate for 1586 Carmel 2nd Line, Cavan Monaghan, Cavan Twp

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,293,702Medium confidence
Based on 14 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cavan Monaghan, ON
Minimum Down Payment Required:8.0%

5% on first $500K + 10% on $729,900 over $500K

Minimum down payment

$97,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$45,260$34,314$29,272$0
=Total mortgage
$1,176,768$1,141,224$1,074,687$983,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,746monthly$5,572monthly$5,247monthly$4,804monthly
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Land Transfer Tax

Provincial

$21,073

Total Land Transfer Tax

$21,073

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