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381 SHARPE LINE
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Beds
6
Baths
5
Sqft
—
Year
—
Type
Single Family
On market
89d
Set on just over two acres in the scenic hills of Cavan, 381 Sharpe Line is a custom-built, multi-generational home offering both privacy and functionality. This spacious residence features a total of six bedrooms, five bathrooms and two full kitchens thoughtfully designed to accommodate extended family living with a separate in-law suite with private entrance and separate deck. The main floor showcases a large, custom-designed kitchen with stainless steel appliances, granite countertops, and an oversized island that overlooks a bright living room with a floor-to-ceiling propane fireplace. Expansive windows invite natural light and reveal breathtaking views, with walkouts to a private deck. A separate dining room overlooks the front yard, while three bedrooms and three bathrooms provide ample space, including a convenient laundry area with garage access and a pass-through to the in-law suite.The lower level offers a versatile layout with two additional bedrooms, a three-piece bathroom, and an expansive family room complete with a bar area. Additional highlights include a custom wine cellar, exercise room, office or den, generous storage, and both front and back staircases. The in-law suite is fully self-contained and includes a custom kitchen, dining area, comfortable living room with deck access, large bedroom with double closets, and a four-piece bathroom with laundry. A two-car garage provides direct access to the home and features a separate man door. The large lot offers potential for a workshop at the rear. Located just 10 minutes from Peterborough, 5 minutes to Highway 115 and 20 minutes to Highway 407, this home also enjoys nearby access to Cavan Creek Park & Trails and local conveniences. This beautiful custom home is well-positioned for convenience while offering privacy and exceptional outdoor space. (id:65958)
Basement
| Room | Dimensions | Features |
|---|---|---|
| Bedroom 5 | 4.651 × 4.123 meters | |
| Bedroom | 4.649 × 3.425 meters | |
| Bathroom | 3.436 × 1.941 meters | |
| Family room | 10.003 × 12.729 meters | |
| Exercise room | 3.203 × 4.098 meters | |
| Other | 1.68 × 2.841 meters | |
| Office | 3.108 × 2.223 meters | |
| Utility room | 3.493 × 2.354 meters | |
| Furnace | 6.973 × 3.359 meters |
Main level
| Room | Dimensions | Features |
|---|---|---|
| Foyer | 2.287 × 2.57 meters | |
| Laundry room | 1.916 × 3.66 meters | |
| Bedroom 4 | 3.658 × 3.97 meters | |
| Kitchen | 4.599 × 2.86 meters | |
| Living room | 3.598 × 5.805 meters | |
| Bathroom | 2.522 × 2.439 meters | |
| Kitchen | 4.691 × 4.347 meters | |
| Living room | 5.489 × 5.858 meters | |
| Dining room | 3.633 × 3.61 meters | |
| Primary Bedroom | 4.075 × 4.38 meters | |
| Bathroom | 2.839 × 2.721 meters | |
| Bedroom 2 |
10-item due-diligence checklist. We can pre-flight most of these for you on a CMA call.
Comparable sales
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Property condition
Roof age, furnace age, hot-water tank age, electrical panel size, windows. Cosmetic vs structural.
Zoning
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Suite legality / potential
If suited or being marketed as suited: confirm permits, separate entrance, ceiling height, egress windows.
Monthly carrying cost
Mortgage + property tax + insurance + condo fee (if any) + utilities. Compare to your max budget.
Property taxes
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Insurance estimate
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Commute
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Deposit and financing conditions
Deposit size, financing condition window, condition removal date, possession date — all negotiable.
Inspection considerations
Budget for a home inspector ($500–700) and any specialty inspections (sewer scope, mould, asbestos for pre-1990 builds).
Cash on cash
-0.68%
Cap rate
4.73%
GRM
13.9
Break-even rent
$9,484
Financing
Operating expenses (monthly)
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Approximation only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Rough ballpark only. Pick a down-payment option, then tap any underlined number below to plug in your real numbers — tax, condo fee, insurance, utilities. Total updates live. Confirm with a mortgage broker before writing an offer.
Cost lines (tax, condo, insurance, utilities) are editable inline above. These two control the mortgage payment math.
Approximation only. CMHC default insurance is included when down payment is under 20%. Property tax and condo fees come from MLS when listed and may not reflect the current billing year. Suite rental income depends on permits, market rent, and vacancy — confirm with a property manager. Always validate your scenario with a mortgage broker and your insurance provider before writing an offer.
We'll reply by text within a few hours. Comparable sales, condition flags, things worth checking — sent before you book a showing.
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated May 12, 2026.
| 4.395 × 3.805 meters |
| Bathroom | 1.533 × 3.124 meters |
| Bedroom 3 | 3.688 × 3.025 meters |
| Bathroom | 2.529 × 2.024 meters |
Buyer-fit signals
Derived from listing data and nearby-amenity proximity. Verify anything that matters to your decision — distances are approximate.
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Cavan Monaghan (Cavan Twp). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.