Sold for:Sold May 28, 2025
$799,900

587 Larmer Line

Cavan Monaghan (Cavan Twp), ON K0L 1V0

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 587 Larmer Line, Cavan Monaghan, Cavan Twp

2025-05-21
2025-05-28
Sold
Price
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MLS#
x12162156

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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 587 Larmer Line, Cavan Monaghan, Cavan Twp

Welcome to 587 Larmer Line a beautifully updated side split sitting on 1.55 acres on a quiet, desirable road surrounded by mature trees. This 2+1 bedroom home offers a spacious layout with your primary bedroom offering an en suite bath complete with a walk-in shower and soaker tub. With 2 updated bathrooms, a custom kitchen with quartz countertops, gas stove- all new appliances, energy-efficient LED fixtures and fresh paint and flooring throughout, this home is move in ready! The attached heated workshop with its own 100 amp panel and water rough-in offers incredible potential for hobbies, a home-based business, or even an in-law suite with its separate entrance. Workshop could be easily converted back to single car garage. Only minutes from the beautiful historic town of Millbrook and Hwy 115, this home is perfect for commuters seeking space and tranquility without sacrificing convenience. 2022-2024 upgrades including a new roof, siding, soffit, fascia, outdoor/indoor lighting throughout, kitchen, en suite bath, 3pc bath, flooring and paint. Electrical ESA approved 2025.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,568
Land Transfer Tax Fee
$12,473

Rental Items

Rental Equipment
N/A

Basement Type
Finished, Full

Interior Features

Laundry Level
Lower Level
Interior Extras
Floor Drain, In-Law Capability, Upgraded Insulation, Water Heater Owned, Water Purifier, Water Softener, Water Treatment
View
Forest, Trees/Woods
Security Features
Carbon Monoxide Detectors, Smoke Detector
Fireplace/Stove
Yes
Fireplace Features
Living Room, Wood
Elevator
No

Exterior Features

Exterior Extras
Deck, Lighting, Privacy
Pool
None
Property Features
Level, Park, Place Of Worship, Rec./Commun.Centre, School, School Bus Route
Accessibility Features
32 Inch Min Doors, Open Floor Plan, Ramped Entrance
Other Structures
Garden Shed, Workshop

Building

Building Type
Detached
Building Style
Sidesplit 3
Approx Age
51-99

Construction

Exterior Finish
Brick, Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
150.00 ft
Lot Depth
450.00 ft
Lot Size
1.55
Lot Shape
Rectangular

Inclusions

Inclusions
John Deere riding lawn tractor, washer, dryer, window coverings, gas stove, microwave, dishwasher, fridge, gas BBQ, snow blower "as is", light fixtures, white shelf in workshop, shed: garden tools, shovels, hose, wheel barrow, gabage bins, push mower electric start "as is", work bench, all lawn furniture.

Exclusions

Exclusions
Black shelf in workshop, personal belongings, staging items.

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
20
Total Garage And Parking Spaces
21

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic
Natural Gas
Yes
Hydro
Yes

Bedrooms
3
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Dining Room—
    Main level
  • Family Room—
    Main level
  • Primary Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Bathroom—
    Second level, 3 Pc Bath
  • Bathroom—
    Second level, 5 Pc Ensuite
  • Bedroom 3—
    Basement level
  • Recreation—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 3-piece, Second
  • 5-piece, Second

Municipality
Cavan Monaghan
Neighbourhood
Cavan Twp
Main cross streets
Tapley 1/4 Line/Larmer Line
Zoning
R
Directions
Tapley 1/4 Line to Larmer Line
Waterfront
None

MLS® number
X12162156
Data source
Toronto Regional Real Estate Board
Status change
2025-05-28
Listed on
2025-05-21
Days on market
7 days
Possession type
Flexible
Co-op commission
2.5% + HST
Seller
Listed by
BALL REAL ESTATE INC.

Home Market Value

Current home valuation for 587 Larmer Line, Cavan Monaghan, Cavan Twp, Cavan Monaghan, ON. Listed for $799,900

HOMEH Estimate

?

$628,619

Estimated Sales Range

?

$440,033 - $817,205

HOMEH Estimate for 587 Larmer Line, Cavan Monaghan, Cavan Twp

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

$628,619Low confidence
Based on 3 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

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Cavan Monaghan, ON
Minimum Down Payment Required:6.9%

5% on first $500K + 10% on $299,900 over $500K

Minimum down payment

$54,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$29,788$22,317$19,038$0
=Total mortgage
$774,495$742,227$698,953$639,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,781monthly$3,624monthly$3,413monthly$3,124monthly
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Land Transfer Tax

Provincial

$12,473

Total Land Transfer Tax

$12,473

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