$699,000
Greater Madawaska
119 Eagle Crest Trail, Greater Madawaska, Ontario, K0J1H0
This 2-bedroom, 1-bathroom home in Greater Madawaska is for sale offering roughly 350 sq ft of space. Its $699,000 asking price sits right in line with the $725,000 median in Greater Madawaska. It has been on the market 35 days, fresher than the Greater Madawaska average of 96 days.
Perched on an elevated lot overlooking the pristine waters of Calabogie Lake, this cozy, turnkey (4 season) home is an opportunity to own a waterfront property in one of Eastern Ontario's most sought-after destinations. This charming cottage-style property has sweeping views across the lake and toward Calabogie Peaks. Currently an Airbnb, this property earns an impressive revenue. The kitchen is finished with crisp white cabinetry, sleek black hardware, stainless steel appliances, and a striking full-height tile backsplash. The adjoining dining area is framed by large picture windows that flood the space with natural light and offer tranquil water views. The living room is both cozy and functional, anchored by a freestanding Jotul wood stove (2023). Two bedrooms and a stylish three-piece bathroom with a glass-enclosed shower serve the home, while a dedicated laundry/storage space adds everyday practicality. Outside, the expansive deck with a hot tub allows for multiple vantage points to take in the unobstructed views of the natural surroundings, thanks to the home's location at the tip of the point. A series of wooden stairways and walkways leads down to the water, where a dock area provides water access. To the side of the home is a detached storage shed, while the designated parking area is found just above. Located in the heart of Calabogie, this property is surrounded by year-round recreational activities, including boating, swimming, hiking and Golf at Calabogie Highlands in the warmer months, and both downhill and cross-country skiing at nearby Calabogie Peaks Resort in the winter. The village of Calabogie is where you'll find local restaurants, cafés, and your essential amenities. Whether you're looking for a full-time residence away from the hustle and bustle of the city, a weekend escape, or an income-producing property, this property is for you! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 96 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 68 days on the market over the past year, against a median of 48 days across the markets we publish.
This 2-bed single family in Greater Madawaska has been listed for 35 days, which is 61 days fresher than the city average of 96. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $699,000, about 9.2× the local median household income of $76,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 80% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
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