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Lots & Land in Cavan Monaghan
About 1900 Mervin Line
HWY #115 Exposure! 53.29 Acres Of Industrial Land Zoned M2 & H7. Designated As Rural Employment Area. Located At HWY #115 And Airport Road Interchange At The South End Of Peterborough. Fronts On Mervin Line & Backs On To HWY #115. Frontage Of 481.88 Ft. On Mervin Line. Frontage Of 1,027.21 Ft. On HWY #115. Depth Of 2,028.27 Ft. Great Visibility To HWY #115. Across The Road From The Peterborough Airport. 53.29 Acres Of Vacant Industrial Land. Zoning Allows For A Variety Of Permitted Uses.
Cavan Monaghan land priced at $2,500,000 — book a tour to see if it fits your search.
Inside 1900 Mervin Line
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
53.29
Listing & possession
Property class
Vacant Land
1900 Mervin Line Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13784534$2,500,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1900 Mervin Line Compares to the Cavan Monaghan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$12,282
/mo
based on the purchase price of $2,500,000
$500,000 cash
$2,000,000 financed
$1,684,525 total interest
Principal54%$2,000,000
Interest46%$1,684,525
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Zara · AI virtual agent
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Cavan Monaghan
Other homes for sale in Cavan Monaghan around $2.5M.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio100.5%On average, homes sold at or above asking.
Active listings80Homes for sale here right now.
Median vs prior 90 days−14.8%Compared with May 11 – Aug 9, 2026: prices down.
Based on 60 sales from Aug 9 – Nov 7, 2026 (37 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 1900 Mervin Line
How much is 1900 Mervin Line listed for?
1900 Mervin Line is listed at $2,500,000 (MLS® X13784534). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1900 Mervin Line changed?
No — 1900 Mervin Line is still listed at its original asking price of $2,500,000.
How many bedrooms and bathrooms does 1900 Mervin Line have?
The listing for 1900 Mervin Line doesn't publish its bedroom and bathroom count. It is a lot in Cavan Monaghan.
How much would the monthly mortgage be on 1900 Mervin Line?
About $12,282 a month — principal and interest on $2,500,000 with 20% down ($500,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 1900 Mervin Line compare with other homes in Cavan Monaghan?
Its asking price of $2,500,000 is about 234% above the median sold price in Cavan Monaghan over the last 90 days, $749,500, across 60 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1900 Mervin Line been sold before?
Summitly has no earlier MLS® sale or lease of 1900 Mervin Line on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1900 Mervin Line?
1900 Mervin Line is in Cavan Monaghan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1900 Mervin Line been on the market?
53 days — 1900 Mervin Line was listed on September 15, 2026.
What is the lot size of 1900 Mervin Line?
The lot is 74.995 acres, as published in the listing.
What is the land transfer tax on 1900 Mervin Line?
About $48,975 in Ontario land transfer tax at the asking price of $2,500,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1900 Mervin Line or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1900 Mervin Line?
The listing for 1900 Mervin Line doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Cavan Monaghan.