20 days on Market

2425 Preston Rd, Cavan Monaghan, Ontario L0A 1C0

Detached
5
2
~2000-2500 sqft
$•••,•••
$1,349,000
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Detached
5
2
~2000-2500 sqft

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Highlights

Property Estimate

Days on market20 days

Estimated valueNot available

Price/Sqft$607/sqft

Monthly cost

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Description

In-Law Suite. 1150 sq. Ft. Detached Shop/Garage with 524.68 square foot Loft. 5.92 Acres. Newly Updated. Minutes to Peterborough, No Frills, Tim Hortons, and more. A rare opportunity to secure a rural property with this much usable space, versatility, and local convenience - all less than 5 minutes to town and 30 minutes to the 407. This beautifully updated home offers two complete living spaces, 5 bedrooms, and 2 bathrooms. The lower level functions as a private in-law suite with its own entrance, an updated kitchen with quartz, newer appliances, and a bright, finished layout that adapts naturally to your family's future needs. It can remain connected to the main home or function independently, for your future vision. Upstairs, the 2024 kitchen brings a clean, contemporary finish with quartz countertops, new wide-plank white oak flooring, and updated appliances - creating a beautiful, open space for everyday living, entertaining, or larger family gatherings. A bonus 903 square foot space with this side split home, currently being used as a games room with bar, entertainment room, a gym and office with private deck walkout overlooking your private backyard- so many possibilities for multiple uses. Outside, the 1,200 sq. ft. detached garage with loft opens up meaningful possibilities - ideal for storage, workshop use, studio plans, or future ideas to grow into. Nearly 6 acres surround you, including a private trail leading to a large creek at the back of the property. Durable upgrades continue throughout: newer windows and doors, a newer roof with warranty, refreshed siding, upgraded drainage/eavestroughs, updated wiring (including the garage), and new concrete at the driveway and patio areas. An ideal fit for multi-generational families or anyone with workshop or storage needs - all with quick access to town. Properties offering this level of acreage, detached shop/garage with loft, updates, and long-term value - this close to Peterborough - do not come up often.


Property Details

StyleBungalow-Raised
ViewTrees/Woods
Age of property31-50
SqFt~2000-2500 SqFt
Lot Size537,924 SqFt(681.78 x 789)
Parking Spaces12
MLS ®NumberX12568190
Community NameCavan Monaghan
Data SourceTRREB
Listing byCENTURY 21 UNITED REALTY INC.

Features

Heating: Forced Air
Cooling: Central Air
Fireplace
Basement: Apartment, Sep Entrance

Main Floor

Kitchen

4.12 x 3.9

Open Concept / W/O To Deck / Centre Island

Living

6.36 x 4.22

Gas Fireplace / Large Window

Dining

3.53 x 3.9

Bathroom

2.56 x 3.9

Soaker / Separate Shower / Stone Floor


Features

Lot size: 537,924 SqFt

Parking

Garage spaces 6

Garage type Detached

Other parking spaces 6

Total parking spaces 12


Property History

Nov 22, 2025
ListedActive
$1,349,000
20 days on market
history photo preview50
Listing by trreb®
Property listed by CENTURY 21 UNITED REALTY INC., Brokerage
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Market Data - Cavan Monaghan

Geo Zone Map ThumbnailCavan Monaghan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

51 days

Compared to

2024

51 days

2023

28 days

2022

35 days

New Listings

Past 30 days

18 listings

Compared to

2024

17 listings

2023

20 listings

2022

17 listings

Units sold

Past 30 days

5 units

Compared to

2024

4 units

2023

9 units

2022

10 units

Median Sold Price

Past 30 days

$765,000

Compared to

2024

$799,000

2023

$864,000

2022

$612,500


Population and Demographics

Overview

Total population 11158
Average household income $140,392

Age (%)

0 to 19
22%
20 to 34
16%
35 to 49
18%
50 to 64
22%
65 and plus
22%

Household composition (%)

Single family
80%
Single person
17%
Multi person
2%
Multi family
1%

Mother tongue (%)

English
95%
Others
3%
French
1%

House tenancy (%)

Owners
91%
Renters
9%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget