$569,900 - 7497 Cavan Road, Hamilton Township
Detached for Sale in Hamilton Township
New — Listed 2 days ago- MLS Number
- X13222398
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Hamilton Township
- Listing Brokerage
- Exp Realty
Welcome to 7497 Cavan Road, a charming country bungalow offering the perfect blend of privacy, comfort, and affordability. Ideal for first-time buyers, downsizers, or anyone looking to enjoy a quieter lifestyle, this well-maintained home is set on a spacious lot surrounded by peaceful rural scenery. Built in 1962, the home offers over 1,200 sq. ft. of finished living space across two levels. The bright main floor features a welcoming foyer, a cozy living room with a fireplace, a spacious kitchen with plenty of cabinetry and dining space, a generous primary bedroom, and a 4-piece semi-ensuite bathroom. The fully finished basement adds valuable living space with two additional bedrooms, a laundry area, and utility room, providing flexibility for family, guests, or a home office. Recent updates include a brand-new furnace, offering added comfort and peace of mind. Outside, you'll find a detached garage, ample parking, and a large yard with plenty of room to enjoy the outdoors. Conveniently located just 15 minutes north of Cobourg and less than 10 minutes to Highway 401, this property offers the tranquility of country living while remaining close to everyday amenities and commuter routes. Whether you're looking for your first home, a country retreat, or a place to downsize, 7497 Cavan Road is a wonderful opportunity to enjoy relaxed rural living.
Estimate your monthly payments for this property
Estimated Payment
$2,923.88/mo
Includes CMHC insurance ($15,900)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Hamilton Township
Hamilton Township is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Hamilton Township
- •Convenient location in Hamilton Township
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Hamilton Township offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
7497 Cavan Road, Hamilton Township
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $814/sqft, this property is priced in line with current Hamilton Township market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Hamilton Township's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Hamilton Township are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Hamilton Township properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,375 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.