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Peterborough County

Cavan Monaghan Real Estate

Millbrook, Indian River, and the drumlin country of Peterborough's western edge — GTA proximity meets rural Peterborough character

~9,000
Population
~$780K
Avg Home Price
Township
Municipality Type
Peterborough County
Region

Cavan Monaghan is the western gateway to Peterborough County — a township of rolling drumlin hills, cedar-fringed rivers, and the village of Millbrook, which has somehow managed to be both authentically historic and increasingly sought-after without tipping fully into gentrification. The Indian River runs through, the Ganaraska watershed begins in the drumlin country, and the GTA's northeastern edge is 45 minutes south via Highway 115. Peterborough with its full services and Trent University is 20 minutes east.

The real estate market has benefited from precisely the combination that drives so many Ontario townships: close enough to the GTA to attract buyers who work remotely or commute, rural enough to offer genuine space, and priced below the fully discovered markets of Caledon or King to the south and west. Millbrook's heritage commercial district has attracted creative professionals and entrepreneurs who've opened galleries, cafes, and studios in 19th-century storefronts. The township's drumlin terrain and wetlands attract naturalists and those who want agricultural land in a particularly scenic section of the Ontario countryside.

Millbrook Village Homes

Heritage and modern homes in Millbrook — galleries, cafes, heritage streetscapes, and a creative community growing in Peterborough County's most characterful western village.

~$650K–$980K

Rural Drumlin Properties

Country homes and farms on Cavan Monaghan's distinctive drumlin landscape — rolling hills, cedar swamps, and Indian River tributaries creating varied terrain that rewards buyers who explore.

~$750K–$1.3M

Agricultural Land

Peterborough County farmland in the drumlin belt — mixed crop and livestock operations on land that combines scenic character with productive capacity.

~$900K–$2M

Cavan Monaghan Real Estate FAQ

What is the average home price in Cavan Monaghan?
Around $780,000, with Millbrook village homes from $650K and rural and agricultural properties higher.
What makes Millbrook distinctive?
Millbrook has an unusually intact 19th-century commercial streetscape along King Street — brick storefronts, a functioning general store heritage, and an emerging arts and food scene that has attracted creative businesses without erasing the original character. It's one of Peterborough County's most liveable heritage villages.
How far is Cavan Monaghan from the GTA and Peterborough?
Highway 115 connects the township to the GTA — about 90 km from Toronto (60–90 minutes). Peterborough is 20 km east — 20 minutes.
What is the Ganaraska watershed?
The Ganaraska River rises in Cavan Monaghan's drumlin country and flows south to Port Hope on Lake Ontario. The watershed is managed by Ganaraska Region Conservation Authority and provides excellent trout fishing, hiking, and conservation land that benefits Cavan Monaghan residents directly.
What outdoor activities are in Cavan Monaghan?
Indian River fishing, Ganaraska Trail hiking, cycling on rolling drumlin roads, Millbrook Valley Trail, and access to Peterborough's Trent-Severn Waterway system 20 km east.
Ontario Land Transfer Tax in Cavan Monaghan?
Yes. Ontario LTT: 0.5% first $55K; 1.0% to $250K; 1.5% to $400K; 2.0% to $2M. No municipal LTT outside Toronto. First-time buyers may claim FTHB rebate up to $4,000.
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