$ 789,000

4-Bed Home with Garage Loft and Third-Floor Studio Near Peterborough

Property details for 1611 Parkhill Road W, Cavan Monaghan

Type
Residential
Bedrooms
4
Bathrooms
3
Lot Size
150 x 151 FT
Stories
2
Basement
Unfinished, N/A
Parking
Detached Garage, Garage
Heating
Forced air, Propane
Cooling
Central air conditioning
Exterior
Vinyl siding
Ownership
Freehold
Annual Taxes
$6,169 (2025)

That detached 2-car garage? It's got a full loft above it, and that changes everything. You could run a business, build a gym, or turn it into a studio. The house itself is over 3,500 sq ft with 4 beds and 3 baths. The primary suite has its own walk-in closet and ensuite, plus a private staircase to a full third-floor retreat. That's a whole floor just for you. Downstairs, the kitchen has granite counters and opens onto a big back deck. There's also a separate living room, dining room, and a dedicated office. The family room has a propane fireplace. A large mudroom with a walk-in closet keeps the chaos contained. Second-floor laundry means no hauling baskets up and down. The lot is 0.5 acres with a paved driveway that fits 8+ vehicles. Taxes are $6,169 a year. You're a 4-minute drive to Peterborough Regional Health Centre, 5 minutes to Costco, and 1.5 km to Crestwood Secondary. For $850,000, you get country privacy without giving up city convenience.

About 1611 Parkhill Road W, Cavan Monaghan — Property Score

68
Great Location
Score: 68/100
Value
68
Priced 10.4% below area median of $949,000 based on 13 comparable properties nearby 86
Stable pricing - no price changes since original listing date 50
Size
70
4 bedrooms - typical for similarly priced homes 60
3 bathrooms - typical for similarly priced properties 60
22,650 sqft lot - an oversized lot for the area 90
Location
84
$116K median household income - above the Canadian average of $70K 88
88% of residents hold postsecondary credentials - a highly educated neighbourhood 95
93% homeownership rate - indicating a stable, owner-occupied community 95
74% of residents commute under 30 minutes - excellent commuter accessibility 89
47/km² population density - a rural or semi-rural setting 55
Market
47
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
78
12-car garage - more than the area average of 8.9 spots 95
Unfinished, N/A basement - adds valuable living space 85
standard forced air system 75
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
72
0.73% effective tax rate ($6,169/yr) - below the Canadian average of ~1% 78
+35.7% area price change year-over-year - strong appreciation in Cavan Monaghan 100
7% renter population - primarily owner-occupied area 38
Quality
50
Condition
50
Listing
89
38 photos provided - below the area average of 42 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.

Full Listing Description

All Property Details

Neighbourhood Census Data

Cavan-Monaghan, Ontario

Population
431
Median Age
46.8
Median Income
$44,032
Dwelling Value
$601,721

Housing Tenure

Owners 93%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 3
Pop. Density: 46.7/km²
Avg Shelter Cost: $1,710/mo
Owners with Mortgage: 55.6%
Owners Spending 30%+: 22.2%
Tenants Spending 30%+: 0%
English only: 87.2%
English and French: 10.5%
Neither: 1.2%
Median Household Income: $116,480
Median Employment Income: $34,688

Price History

Contact Agent Get in touch about 1611 Parkhill Road W, Cavan Monaghan

Christina Jones
STONEGUIDE REALTY LIMITED