$699,000

For sale

1157B Turners Road, Madawaska Valley - Single Family for Sale

1157B Turners Road, Madawaska Valley, Ontario, K0J2A0

2 beds1 bath10 parking900 ft²420 × 321 ft (3.09 acres) lot sizeListed 36 days ago

Overview

This 2-bedroom, 1-bathroom home in Madawaska Valley is for sale offering roughly 900 sq ft of space. It has been on the market 36 days, fresher than the Madawaska Valley average of 181 days.

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Description

Tranquil peace of paradise on a widening of the Bonnechere River known as Eno Bay. This section of river can be traveled up stream by small watercraft to the Algonquin Park border and down stream to Stevenson lake. Eno Bay is wide and deep enough to water ski and enjoy other boating activities, but small enough to keep boating activity limited to neighboring property owners. Enjoy beautiful sunsets right from the covered porch! This secluded 4 season home offers 2 generous bedrooms, large family room for entertaining guests with a WETT certified airtight wood fireplace to keep the home cozy during the winter. The property is just under 4acres in size, and very well manicured with just the right ratio of cleared area to treed area, complete with over 450ft of frontage on the Bay, huge play structure for kids, and large sheds (16 x 24 and 10 x 10) for equipment and garden tools. The garage is 24 x 24 big enough for a vehicle. The home was built in 1920 and was completely renovated in 2016 to be 4 season. The dug well is protected by a structure, to allow for easy draining (if you wanted to use it seasonally). Everything you need is here, but there is still plenty of space here to expand if needed. (id:66096)

Property Details

MLS®: X13838044
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 900 ft²
Lot Size: 420 × 321 ft (3.09 acres)
Frontage: 420 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Baseboard heaters, Electric, Wood
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership

Rooms

Main level

Living room: 6.82 x 4.42 meters
Kitchen: 2.93 x 2.33 meters
Bedroom: 2.74 x 2.41 meters
Bedroom: 4.43 x 4.11 meters
Laundry room: 2.43 x 1.51 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Furniture, Water Heater
Foundation: Wood, Block
Exterior: Wood, Log
Lot Features: Irregular lot size

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Madawaska Valley listings, avg age

181d

Price / ft²

$777

List price

$699K

Homes here sell slower than most markets

Sold homes in this market spent an average of 79 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 92.5 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Madawaska Valley has been listed for 36 days, which is 145 days fresher than the city average of 181. Act while there is still low competition.

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Listed by SIGNATURE TEAM REALTY LTD. · Chris Harrie

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

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.

Median household income: $76,000
Population: 34,322
Median age: 52.4
Owner / renter: 87% / 13%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA K0J)

$699,000· $777/ft²

For sale

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Full Cost Breakdown

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Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$154/mo

Total monthly$3,781

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

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