$1,380,000
Est. payment $6,110/moCalculate yours
987 Sharpe Line, Cavan Monaghan, ON L0A 1C0
Cavan Twp, Cavan Monaghan, ON L0A 1C0
- 3 + 1 Beds
- 4 Baths
- 12 Garage
- 2,000 Sq Ft
Listing courtesy of Royal Heritage Realty Ltd. MLS® X13785494
About this home
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.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 2,000 sqft
Interior
- Bedrooms
- 3 + 1
- Bathrooms
- 4
- Kitchens
- 1
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Stone
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 125 x 349 Feet
- Parking
- Attached garage · 9 total
- Zoning
- residential
Financial
- Property Taxes
- $8,368 (2025)
Location
- Neighbourhood
- Cavan Twp
- Cross Street
- Sharpe Line and Peterborough County Road 10
- Direction Faces
- South
Listing
- MLS® Number
- X13785494
- Days on Market
- 34
- Listed On
- 2026-09-14
- Possession
- flex
- Listed By
- Royal Heritage Realty Ltd.
Rooms
Features
Interior
- Bar Fridge
- Primary Bedroom - Main Floor
- Sump Pump
- Water Heater Owned
- Water Softener
Pool
- Inground
- Salt
- Included
- 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
Mortgage calculator
Estimated mortgage payment
$6,110 per month
- Principal and interest
- $6,110
- Property tax
- $697
- Condo fees
- $0
- Estimated monthly cost
- $6,808
Your mortgage
- Mortgage amount
- $1,104,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $729,102
Cash to close
- Down payment
- $276,000
- Land transfer tax
- $24,075
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $300,075
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.