32 Horizon Avenue, Cavan Monaghan

$754,900
32 Horizon Avenue

$754,900

Price Change
37d
Att/Row/Townhouse2-Storey

32 Horizon Avenue, Cavan Monaghan

Total Monthly Obligation $3,780

Beds
4
Baths
3
Park
4
Sqft
1500-2000
DOM
37d
Score
19
Yield
4.8%
Cash on Cash
-3.0%
Cap Rate
3.9%
5Y IRR
13.2%
10Y IRR
12.7%
Property Type-Att/Row/Townhouse
MLS® Number-X13793566
Beds-4
Bathrooms-3
Size-1500-2000 sqft
Lot Size-25 × 104.99 ft
Listed on site-Sep 16, 2026
Style-2-Storey
Building Type-Att/Row/Townhouse
Age-6-15
Taxes-$4,316.72 (2025)
Parking-6 - Built-In
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-SPECTRUM REALTY SERVICES INC.
Cooling-Central Air
Laundry-No
Fireplace-Electric
Pool-None
Facing-West
Exterior-Brick
Roof-Asphalt Shingle
Foundation-Concrete
Sewer-Sewer
Possession-30-45 Days/TBA
Neighbourhood-Millbrook Village
Title-Residential Freehold

No agent assigned

Welcome to 32 Horizon Avenue, where space, style and small-town charm come together in the heart of Millbrook. Offering approx. 1,863 sq. ft., this beautifully maintained 4-bedroom, 3-bathroom home delivers a combination rarely found in its class. Enjoy the added privacy of being attached on only one side, with convenient side access to the backyard and a garage door opening directly to the side passage. A built-in double-car garage, 4-car driveway with no sidewalk and hardwood flooring throughout add to the appeal. Inside, 9-ft ceilings and a bright open-concept layout create an inviting space for everyday living and entertaining. The contemporary kitchen features quartz counters, stainless-steel appliances, abundant cabinetry and a large centre island, flowing seamlessly into the dining and living areas. Direct garage access through the mudroom adds everyday convenience. Upstairs are 4 well-proportioned bedrooms, including a spacious primary retreat with walk-in closet and private ensuite, plus convenient second-floor laundry. Outside, enjoy a fully fenced backyard with an expansive stamped-concrete patio and lawn-perfect for BBQs, entertaining or evenings under the lights. A large unfinished basement with bathroom rough-in offers excellent future potential. Enjoy Millbrook's small-town charm with convenient access to Peterborough, Durham Region and the GTA, with Hwy 407 approx. 15 minutes away. Nearby, the Cavan Monaghan Community Centre offers an NHL-sized ice pad, walking fitness and community spaces, new beach volleyball courts and planned recreational enhancements. Nearly 1,900 sq. ft., 4 bedrooms, parking for 6, a rare double garage and exceptional outdoor living-32 Horizon delivers more.

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$603,920
Land Transfer Taxes$11,573
Legal Fees (Est.)
$
Total cash required for closing$164,053

Total Monthly Obligation

$3,780/mo
Mortgage $3,045
Monthly Loss $2,978
Principal$801
Interest$2,244
Property Tax$360
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.2%20
Cash-on-Cash
-7.7%1
5-Year IRR
9.6%33
10-Year IRR
10.2%
Returns Index
17.5/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$36,600/yr
NOI
$24,123/yr
Net Cash Flow
-$1,035/mo
Cash Margin
-33.9%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.669
LTV Ratio
80.0%18
Vacancy Buffer
2.5 mo41
Risk Index
22.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 32 Horizon Avenue

Time

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