Sold for:Sold Mar 7, 2025
$879,000

893 On 7A

Cavan Monaghan (Cavan Twp), ON L0A 1C0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 893 On 7A, Cavan Monaghan, Cavan Twp

2025-02-24
2025-03-07
Sold
Price
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MLS#
x11985694

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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 893 On 7A, Cavan Monaghan, Cavan Twp

Located within the Hamlet of Cavan just 2 minutes from the intersection of Highways 115 and 7A, this 1.7 Acre circa 1900 Farmstead is the 2025 Place to call Home. The package includes an updated 3 bedroom, 3 bath, 2 storey Farmhouse with over 1800 square feet of above ground floor space, a "Business" barn with approximately 2000 square feet of floor space, and an agricultural field awaiting your aspirations. Extensive improvements have been made to the home from 2022 to 2024. including new Natural Gas High Efficiency Furnace, 200 Amp Electrical Service, New Kitchen and Baths, water treatment equipment for the house and hot and cold running water in the Barn. For more details, don't miss the property website in the virtual tour/multimedia link.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$5,189
Land Transfer Tax Fee
$14,055

Rental Items

Rental Equipment
Electric Hot Water Heater (Reliance)
Under Contract
Hot Water Tank-Electric

Basement Type
Full

Interior Features

Laundry Level
Upper Level
Interior Extras
Water Treatment, Upgraded Insulation, Sump Pump
Fireplace/Stove
Yes
Fireplace Features
Living Room
Elevator
No

Exterior Features

Pool
None
Property Features
Rec./Commun.Centre, Fenced Yard
Other Structures
Workshop

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
100+

Construction

Exterior Finish
Wood
Roof
Asphalt Shingle
Foundation Details
Stone, Concrete
Special Designation
Unknown

Lot

Lot Front
110.00 ft
Lot Depth
391.00 ft
Lot Size
1.7
Lot Shape
Irregular

Inclusions

Inclusions
Refrigerator, Stove, Dishwasher, Built-in Microwave, Woodstove in Living Room. Feb 2025 Home Inspection Report available on Request. Current taxes include both commercial and residential uses.

Exclusions

Exclusions
Clothes Washer & Dryer. Business inventory and assets of "Cove Antiques & Art", except for books and consignment items, are negotiable.

Parking & Garages

Garage Type
Detached
Garage Spaces
0
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

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

Bedrooms
3
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Foyer—
    Main level, Staircase, North View
  • Kitchen—
    Main level, Updated, Pot Lights, Centre Island
  • Pantry—
    Main level
  • Dining Room—
    Main level, Overlooks Living, West View
  • Living Room—
    Main level, Wood Stove, West View, North View
  • Mud Room—
    Main level, Breezeway, 2 Pc Bath
  • Powder Room—
    Main level, 2 Pc Bath
  • Family Room—
    Main level
  • Loft—
    Upper level
  • Sunroom—
    Main level, North View, South View
  • Primary Bedroom—
    Second level, 3 Pc Ensuite, Double Closet
  • Bathroom—
    Second level, 3 Pc Ensuite, Updated
  • Bathroom—
    Second level, 4 Pc Bath, Updated
  • Bedroom 2—
    Second level
  • Bedroom 3—
    Second level
  • Utility Room—
    Basement level
  • Utility Room—
    Basement level

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 3-piece, Second

Municipality
Cavan Monaghan
Neighbourhood
Cavan Twp
Main cross streets
Hwy 7A & County Road 10
Zoning
Hamlet Residential
Directions
From the 4 corners of Cavan: 6 doors west on the south side

MLS® number
X11985694
Data source
Toronto Regional Real Estate Board
Status change
2025-03-07
Listed on
2025-02-24
Days on market
11 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
RE/MAX HALLMARK EASTERN REALTY

Home Market Value

Current home valuation for 893 On 7A, Cavan Monaghan, Cavan Twp, Cavan Monaghan, ON. Listed for $879,000

HOMEH Estimate

?

$857,186

Estimated Sales Range

?

$600,030 - $1,114,342

HOMEH Estimate for 893 On 7A, Cavan Monaghan, Cavan Twp

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

$857,186Low confidence
Based on 15 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

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Cavan Monaghan, ON
Minimum Down Payment Required:7.2%

5% on first $500K + 10% on $379,000 over $500K

Minimum down payment

$62,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
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%
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+CMHC insurance
$32,628$24,524$20,920$0
=Total mortgage
$848,340$815,624$768,070$703,200
Amortization
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=Mortgage payment
$4,142monthly$3,982monthly$3,750monthly$3,433monthly
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Land Transfer Tax

Provincial

$14,055

Total Land Transfer Tax

$14,055

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