Sold for:Sold Apr 29, 2025
$1,199,000

402 Thorne Drive

Cavan Monaghan (Cavan Twp), ON L0A 1G0

Detached House SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 402 Thorne Drive, Cavan Monaghan, Cavan Twp

2025-03-17
2025-04-29
Sold
Price
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MLS#
x12024444

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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 402 Thorne Drive, Cavan Monaghan, Cavan Twp

Endless possibilities with this 97 acre farm, panoramic views for miles fronting on 3 roads, and just minutes to Millbrook! Prime farmland with 65 acres of workable land, planted with corn last year. Pasture currently used for cattle which could also be a workable 10 acres. Some valleys and wet areas are tile drained. Plethora of outbuildings including 2 coveralls, large workshop with hoist, and barn currently housing livestock. Farmhouse has lots of character, large kitchen area, spacious bedrooms, and 2 large bathrooms. Drilled well and large driveway has lots of space for parking. Once in a lifetime opportunity to own a fantastic piece of property on the edge of town, with all the benefits of country living!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,752
Land Transfer Tax Fee
$20,455

Rental Items

Rental Equipment
None

Basement Type
Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Water Heater Owned
View
Hills, Forest, Meadow, Panoramic, Pasture, Trees/Woods
Security Features
Smoke Detector
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Privacy
Pool
None
Property Features
Golf, Library, Place Of Worship, Rec./Commun.Centre, School Bus Route, Tiled/Drainage
Other Structures
Barn, Drive Shed, Fence - Partial, Out Buildings

Building

Building Type
Detached
Building Style
1 1/2 Storey
Approx Age
100+

Construction

Exterior Finish
Vinyl Siding, Brick
Roof
Metal
Foundation Details
Stone
Special Designation
Unknown

Lot

Lot Front
779.00 ft
Lot Depth
0.00 ft
Lot Size
97.64
Lot Shape
Irregular

Exclusions

Exclusions
Tenants Belongings, Farm Equipment, Items In Shop, Storage Container

Parking & Garages

Garage Type
Detached
Garage Spaces
2
Parking Spaces
40
Total Garage And Parking Spaces
42

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Yes

Bedrooms
3
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level, Combined w/Dining
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Primary Bedroom—
    Second level
  • Bedroom—
    Second level
  • Family Room—
    Second level

Washrooms

  • 3-piece, Ground
  • 3-piece, Second

Municipality
Cavan Monaghan
Neighbourhood
Cavan Twp
Main cross streets
Zion Line/Thorne Dr.
Zoning
R. AG, ORMCO, NL
Directions
Zion Line to Thorne Dr

MLS® number
X12024444
Data source
Toronto Regional Real Estate Board
Status change
2025-04-29
Listed on
2025-03-17
Days on market
43 days
Possession type
Flexible
Co-op commission
2% + HST
Seller
Listed by
RE/MAX ALL-STARS REALTY INC.

Home Market Value

Current home valuation for 402 Thorne Drive, Cavan Monaghan, Cavan Twp, Cavan Monaghan, ON. Listed for $1,199,000

HOMEH Estimate

?

$1,013,187

Estimated Sales Range

?

$709,231 - $1,317,143

HOMEH Estimate for 402 Thorne Drive, Cavan Monaghan, Cavan Twp

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

$1,013,187Low confidence
Based on 15 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:7.9%

5% on first $500K + 10% on $699,000 over $500K

Minimum down payment

$94,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,123$33,452$28,536$0
=Total mortgage
$1,147,203$1,112,552$1,047,686$959,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,601monthly$5,432monthly$5,115monthly$4,683monthly
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Land Transfer Tax

Provincial

$20,455

Total Land Transfer Tax

$20,455

Around this home

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