Cavan Twp · L0A 1G0
$6,300,000
$2,520 / sq ft1 months on market
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Rare 10.5-acre residential and commercial development opportunity in the rapidly growing community of Millbrook. Comprised of two adjoining parcels and surrounded by ongoing development, this exceptional property offers outstanding potential for future residential, commercial, or mixed-use projects.The property features a well-maintained approximately 2,700 sq. ft. century brick home with 4 bedrooms, 2 bathrooms, updated windows, a new roof, high-efficiency natural gas boiler heating, and a private inground pool. Also included is a 6,400 sq. ft. commercial building (160' x 40') with natural gas heat, three-phase power, and a partial basement, plus a newer 54' x 60' commercial building featuring 16-foot ceilings and four 12' x 14' overhead doors.Ideally located just 3 km from Highway 115, only 10 minutes to Highway 407 and Peterborough, with direct access from both County Road 10 and Buckland Drive. Existing buildings and infrastructure provide immediate utility while offering tremendous long-term redevelopment potential.A rare opportunity to acquire a prime development parcel in one of the region's fastest-growing areas-ideal for developers, investors, or businesses looking to capitalize on Millbrook's continued growth.
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This home is priced above most comparable listings — about 100% of comparable vacant land listings in Cavan Monaghan are asking less.
Based on 9 comparable active vacant land listings in Cavan Monaghan. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $6,300,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of Revel Realty Inc.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.