Half-Acre Millbrook Charmer with Stone Foundation

Property details for 88 King Street E, Cavan Monaghan

Type: Residential
Bedrooms: 3
Bathrooms: 1
Lot Size: 86 x 264 FT
Stories: 1.5
Basement: Unfinished, Full
Parking: No Garage
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Exterior: Wood, Aluminum siding
Ownership: Freehold
Annual Taxes: $3,892 (2026)

This one's got serious curb appeal thanks to the stone and block foundation peeking out from under the aluminum and wood siding. It's a 1.5-story house with 3 beds and 1 bath, and the main floor has a good flow with living, dining, kitchen, family, laundry, and a bathroom. The kitchen still has that country feel, and the wide-plank floors tie the whole main level together. There's a single fireplace, but with central air and forced air gas heating, you'll be comfy year-round. The real kicker is the lot: 86 by 264 feet, so we're talking just over half an acre. It's level, and there's a sump pump, so basement flooding shouldn't be a worry. Out back, the deck is ready for barbecues, and there's tons of room for gardens or a game of catch. Plus, you're only about 500 meters from Millbrook's main strip, so grabbing a coffee or hitting the shops is a quick stroll. Taxes are $3,892 annually, and parking's easy with spots for 6 cars. If you need more space, the full basement is unfinished but has tons of potential. This isn't a cookie-cutter build; it's got character and room to roam.

About 88 King Street E, Cavan Monaghan — Property Score

Strong Investment Great Location Well Priced

Score: 68/100

Value

Priced 21.8% below area median of $944,900 based on 21 comparable properties nearby 100

Stable pricing - no price changes since original listing date 50

Size

3 bedrooms - 1 fewer than similarly priced 4-bedroom homes nearby 48

1 bathroom - 2 fewer than similarly priced properties nearby 36

22,704 sqft lot - an oversized lot for the area 90

Location

$72K median household income - near the Canadian average of $70K 66

80% of residents hold postsecondary credentials - a highly educated neighbourhood 88

71% homeownership rate - indicating a stable, owner-occupied community 79

59% of residents commute under 30 minutes - good commuting convenience 77

1,076/km² population density - a well-balanced suburban area 81

Market

Just listed - area average is 70 days on market 100

-17.9% median price change over 1 month - declining prices in the area 1

11 months of housing supply - 33 active listings with 3 sold last month (buyer's market) 40

Features

6-car garage - area average is 8.9 spots 95

Unfinished, Full basement - adds valuable living space 85

efficient gas forced air heating 80

Central air conditioning - whole-home cooling 90

1 fireplace - a desirable feature for Canadian winters 75

No premium extras like pool, waterfront, or view 50

Investment

0.53% effective tax rate ($3,892/yr) - very low tax burden 84

+35.7% area price change year-over-year - strong appreciation in Cavan Monaghan 100

32% renter population - moderate rental market 68

Quality

Condition

Listing

48 photos provided - 17% more than the area average of 41 photos 92

6 of 7 key property details provided (86%) - comprehensive listing with excellent detail 86

* This property score is an approximate estimate based on publicly available data, nearby comparable listings, and automated analysis. Scores are for informational purposes only and should not be relied upon as professional appraisals or investment advice. Actual property values may vary. We recommend consulting a licensed real estate professional for accurate assessments.