Listed for:Listed Sep 14, 2026
$1,380,000

987 Sharpe Line

Cavan Monaghan (Cavan Twp), ON L0A 1C0

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 987 Sharpe Line, Cavan Monaghan, Cavan Twp

No listing history available

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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 987 Sharpe Line, Cavan Monaghan, Cavan Twp

Summarized Description

  • Custom bungalow on a premium one-acre lot
  • Gourmet kitchen with granite countertops
  • In-ground salt water pool and putting green
  • Expansive family room with wet bar
  • Luxurious primary suite with ensuite
  • Vaulted ceilings and hardwood flooring
  • Private backyard oasis for entertaining
  • Three-bay garage for ample storage

This magnificent, custom bungalow situated on a premium one-acre lot in coveted Cavan, offering the ultimate blend of refined luxury, serene privacy, and resort-style living only 20 minutes from Durham Region and Peterborough. Backing directly onto a wooded area, this exceptional home welcomes you with vaulted ceilings, rich hardwood flooring, and exquisite craftsmanship throughout. Featuring 9ft ceilings and extra wide interior doors, this home is open and airy. The main level is designed for effortless daily living and grand entertaining, anchored by a gourmet custom kitchen featuring granite countertops, a large centre island, and beautiful cabinetry. Host unforgettable holiday dinners and large gatherings in the formal dining room before retiring to the massive primary suite, complete with a walk-in closet and luxurious four piece ensuite. Two additional bright bedrooms, a convenient main floor laundry room, and two extra bathrooms complete the main floor layout.The fully finishes lower level expands your living space, showcasing a large, sunlit den overlooking the peaceful backyard landscape. A fourth bedroom and another full bathroom are ideal for guests. At the heart of the lower level is an expansive recreation and family room featuring a custom built-in wet bar, creating the ultimate venue for movie nights and game days. Step outside into your personal backyard oasis, where an in-ground salt water pool, private putting green, and dedicated outdoor bar area deliver an unparalleled outdoor entertaining experience against a private natural backdrop. An outdoor bar and patio space with two gas hookups for BBs expand the living and cooking space. Complete with a spacious three-bay garage providing ample stager for vehicles and recreational equipment, this turn-key estate truly has it all.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,368
Land Transfer Tax Fee
$24,075

Basement Type
Finished with Walk-Out

Interior Features

Laundry Level
Main Level
Interior Extras
Bar Fridge, Primary Bedroom - Main Floor, Sump Pump, Water Heater Owned, Water Softener
View
Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Family Room
Elevator
No

Exterior Features

Exterior Extras
Deck, Landscaped
Pool
Inground, Salt

Building

Building Type
Detached
Building Style
Bungalow

Construction

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

Lot

Lot Front
125.00 ft
Lot Depth
349.00 ft

Inclusions

Inclusions
pool equipment (pool heater, underground retractable cover, salt chlorinator); laundry machines (washer and dryer); stove/oven; microwave; dishwasher; fridge; water softener system and water heater; 3 bar fridges (kitchen, basement bar, outdoor bar); Generac generator

Parking & Garages

Garage Type
Attached
Garage Spaces
12
Parking Spaces
3
Total Garage And Parking Spaces
9

Heating & Cooling

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

Bedrooms
3 + 1
Washrooms
4
Kitchens
1

Room sizes

  • Bedroom 2—
    Main level, Hardwood Floor
  • Kitchen—
    Main level, Tile Floor, Granite Counters, Centre Island
  • Living Room—
    Main level, Vaulted Ceiling(s), Hardwood Floor, Gas Fireplace
  • Den—
    Lower level
  • Bedroom—
    Lower level
  • Bedroom 3—
    Main level, Hardwood Floor
  • Primary Bedroom—
    Main level, Hardwood Floor, Walk-In Closet(s), 4 Pc Ensuite
  • Family Room—
    Lower level
  • Room—
    Main level, Hardwood Floor
  • Laundry—
    Main level
  • Recreation—
    Lower level, Wet Bar

Washrooms

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

Municipality
Cavan Monaghan
Neighbourhood
Cavan Twp
Main cross streets
Sharpe Line and Peterborough County Road 10
Zoning
residential
Directions
Hwy115 exit City Rd 10 N., turn right onto Sharpe Line
Waterfront
None

MLS® number
X13785494
Data source
Toronto Regional Real Estate Board
Listed on
2026-09-14
Updated on
2026-09-15
Days on market
31 days
Possession type
Flexible
Co-op commission
2.5%+HST
Seller
Listed by
ROYAL HERITAGE REALTY LTD.

Home Market Value

Current home valuation for 987 Sharpe Line, Cavan Monaghan, Cavan Twp, Cavan Monaghan, ON. Listed for $1,380,000

HOMEH Estimate

?

$1,312,272

Estimated Sales Range

?

$787,363 - $1,837,181

HOMEH Estimate for 987 Sharpe Line, Cavan Monaghan, Cavan Twp

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

$1,312,272Low confidence
Based on 4 comparable properties
+ $67,728 (5%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Cavan Monaghan, ON
Minimum Down Payment Required:8.2%

5% on first $500K + 10% on $880,000 over $500K

Minimum down payment

$113,000

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$50,674$38,502$32,844$0
=Total mortgage
$1,317,514$1,280,502$1,205,844$1,104,000
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$6,433monthly$6,252monthly$5,888monthly$5,390monthly
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Land Transfer Tax

Provincial

$24,075

Total Land Transfer Tax

$24,075

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