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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale Listed 2 days ago

    730 Mervin Line

    Cavan-Monaghan·Cavan Monaghan, ON·K9J 6Z9·Near Mervin Line and Airport Road

    • 2 beds
    Cavan Monaghan real estate›X13591064
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Welcome to your own private waterfront retreat on the beautiful Otonabee River. This charming off-grid property offers the perfect balance with peaceful cottage living, just 5 minutes from Peterborough. The main cottage features 2 bedrooms and a 3-piece bathroom with a composting toilet, making it ideal for weekend getaways or extended stays. A separate bunkie provides an additional bedroom, perfect for guests or family, along with a nearby 2-piece washroom in the outbuilding featuring running water and a flushable toilet. The property is equipped with a high-performance solar system featuring brand new 10,000 kW batteries installed in 2026, a heated water line, propane fridge and stove, and an on-demand hot water system. Set on an 129 feet of clean, swimmable shoreline, you'll love spending your days on the water or sitting by a campfire. The private dock offers over 10 feet of water depth at the end, making it ideal for swimming, boating, and fishing. From your dock, enjoy a scenic 15-minute boat ride to Lock 19 and Little Lake, the other direction winds its self to Rice Lake, opening the door to endless days of exploring the Trent-Severn Waterway. Surrounded by mature trees, the property offers exceptional privacy and a tranquil setting. A spacious deck off the living room provides the perfect place to relax with your morning coffee or entertain family and friends while overlooking the river and watching boats as they pass by. A storage shed/workshop with plenty of room for tools, water toys, and outdoor equipment. Whether you're looking for a seasonal escape or a unique waterfront lifestyle, this exceptional Otonabee River property offers privacy, recreation, and convenience in one remarkable package.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jul 21, 2026ListedCurrentFor sale$350,000 —X13591064This page
    Jul 1, 2023SoldSold$400,000−$25,000 (5.9%)X6165316View
    Jun 16, 2023Previously listedSld$425,000 —X6165316View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      4
      Heating
      Other
      Air conditioning
      None
      Water source
      Other
      Sewer
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 730 Mervin Line
    What's nearby

    Points of interest classified by the MLS® feed.

    • Cul de Sac/Dead End
    • Hospital
    • River/Stream
    • Waterfront
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,719
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $201
    0.69% mill rate · ON
    The market

    How this home sits in the Cavan Monaghan market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Cavan Monaghan market right now

    Average sold price, days on market, and closed-transaction count for Cavan Monaghan — sourced from MLS®.

    • Avg sold price
      $897,879
      Last 30 days
    • Median sold price
      $800,000
      Middle of the market
    • Days on market
      35 d
      Avg from list to close
    • Closed last 30d
      41
      MLS® transactions
    Full Cavan Monaghan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 730 Mervin Line — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 730 Mervin Line and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 730 Mervin Line listed for?

      730 Mervin Line is listed at $350,000 on the MLS® (listing X13591064). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 730 Mervin Line have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 2 baths
  2. < 700 sqft
  3. Detached
  4. Asking
    $350,000
    $500 / sqft · MLS® X13591064
    Chat Zara
  5. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $655,452
    $603,016Confidence range$707,888
    Asking vs estimate
    ↓below
    −$305,452
    (-46.6%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 2 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Cavan Monaghan sell in about 35 days — this one has been listed 2 days.

    Avg sold price
    $897,879
    Median sold
    $800,000
    Avg days on market
    35
    Recently sold
    41
    See comparable sales
    AI highlights by Zara
    • Welcome to your own private waterfront retreat on the beautiful Otonabee River.
    • Surrounded by mature trees, the property offers exceptional privacy and a tranquil setting.
    • A spacious deck off the living room provides the perfect place to relax with your morning coffee or entertain family and friends while overlooking the river and watching boats as they pass by.
    • A storage shed/workshop with plenty of room for tools, water toys, and outdoor equipment.
    Ask Zara a follow-up
    Other
  6. Parking & garage

    3
    Garage
    None
    Parking spaces
    4
    Driveway
    4
  7. Interior

    4
    Basement
    None
    Family room
    N
    Kitchens
    1
    Total rooms
    7
  8. Exterior & construction

    6
    Exterior
    Aluminum Siding, Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Piers
    View
    Forest, River, Water
    Waterfront
    Y
    Pool
    None
  9. Listing & possession

    3
    Occupancy
    Flexible
    Property style
    Bungalow
    Property class
    Detached
  10. Room-by-room · 7 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    7 rooms
    • Bathroom
      4.2 × 5.7 ft
    • Primary Bedroom
      11.7 × 3.3 ft
    • Dining Room
      10.5 × 9.1 ft
    • Sunroom
      13.8 × 9.4 ft
    • Bedroom 2
      6.9 × 9.1 ft
    • Kitchen
      15.8 × 9.7 ft
    • Living Room
      15.8 × 10.4 ft
    Combined estimate
    $1,920
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,719
    /mo
    based on the purchase price of $350,000
    $70,000 cash
    $280,000 financed
    $235,833 total interest
    Monthly payment$1,719/ month
    Principal54%$280,000
    Interest46%$235,833

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable detacheds that just sold in Cavan Monaghan

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 876 Hutchison Drive
      Sold
      Sign in for price
      876 Hutchison Drive
      Detached
    • 1437 Stewart Line
      Sold
      Sign in for price
      1437 Stewart Line
      Detached
    • 489 Larmer Line
      Sold
      Sign in for price
      489 Larmer Line
      Detached
    • 34 Nina Court
      Sold
      Sign in for price
      34 Nina Court
      Detached
    • 1507 Cedar Valley Road
      Sold
      Sign in for price
      1507 Cedar Valley Road
      Detached
    • 9 Brookside Street
      Sold
      Sign in for price
      9 Brookside Street
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    730 Mervin LineThis home2 / 2700$350,000ask$500——
    876 Hutchison Drive2 / 31,100—
    1437 Stewart Line3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  11. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  12. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  13. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  14. Public listing courtesy of RE/MAX HALLMARK EASTERN REALTY · displayed on Summitly per MLS® data-share rules

    730 Mervin Line is a 2-bedroom, 2-bath, < 700 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  15. When was 730 Mervin Line built?

    The year built for 730 Mervin Line isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  16. What is the property tax for 730 Mervin Line?

    The 'Property tax' tab in the History section shows the most recent annual tax for 730 Mervin Line plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  17. How much would the monthly mortgage be on 730 Mervin Line?

    The affordability calculator on this page shows an estimated monthly mortgage for $350,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  18. Has 730 Mervin Line been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 730 Mervin Line with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  19. What neighbourhood is 730 Mervin Line in?

    730 Mervin Line is in Cavan-Monaghan, Cavan Monaghan. The 'Neighbourhood' section below links to the live Cavan Monaghan real estate hub with average sold price, days on market, and current inventory.

  20. Is Cavan Monaghan a good place to live?

    Cavan Monaghan is one of ON's actively-tracked Summitly markets. The full Cavan Monaghan real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  21. 489 Larmer Line
    3 / 4
    2,000
    —
    34 Nina Court2 / 2700—
    1507 Cedar Valley Road3 / 21,500—
    9 Brookside Street3 / 21,100—