$245,500

For sale

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20368 Highway 60 Highway, Madawaska Valley - Single Family for Sale

20368 Highway 60 Highway, Madawaska Valley, Ontario, K0J1B0

2 beds1 bath5 parking ft²

232 Ohio Road, Madawaska Valley, Ontario, K0J1B0

3 bd2 ba6 pk1,750 ft²Lot size 200 × 434 ft (1.99 acres)

Listed by RE/MAX COUNTRY CLASSICS LTD.

42195 Combermere Road, Madawaska Valley, Ontario, K0J1B0

For sale

11 days ago

$879K

42195 Combermere Road, Madawaska Valley, Ontario, K0J1B0

3 bd3 ba7 pk1,750 ft²Lot size 100 × 394 ft (39,360 sq ft)

427 Paugh Lake Road, Madawaska Valley, Ontario, K0J1B0

3 bd2 ba4 pk2,250 ft²Lot size 100 × 231 ft (23,100 sq ft)

662A Long Lake Road, Madawaska Valley, Ontario, K0J1B0

4 bd2 ba7 pk1,300 ft²

Listed by ROYAL LEPAGE TEAM REALTY

Investment analysis

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$245,500

Madawaska Valley

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Description

This hunt camp style home is conveniently located just west of Barry's Bay and has well, septic, hydro and a place to lay your head. For storage of your toys there is a sea can included as well. Priced to sell! Come out and see it. The town of Barry's Bay has a hospital, library, bank Credit union, liquor store, 2 grocery stores, hardware store, clothing stores, pharmacy and great restaurants and entertainment. (id:66096)

Property Details

MLS®: X13520318
Property Type: Single Family
Zoning: R1
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 5
Interior Size: 900 ft²
Lot Size: 158 × 391 ft (1.41 acres)
Frontage: 157 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Partial
Heating: Electric, Wood, Other
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $667/yr
Listed: 124 days ago

Market Timing

Days on market

124d

Madawaska Valley listings, avg age

181d

Price / ft²

$273

List price

$246K

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.

Area context

Neighbourhood profile (K0J)

This home lists at $245,500, about 3.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $47,955 (20% down, 25-yr amortization, stress-tested) — within reach of 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)

$245,500· $273/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,275

Min 5%50%

Mortgage payment$1,293/mo

↳ CMHC premium ($9,329 capitalized)

Property tax (est.)$56/mo

Total monthly$1,349

Cash Needed to Close

Down payment (5%)$12,275

Land transfer tax$2,180

Est. closing costs$3,237

Total cash needed$17,692

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

20368 Highway 60 Highway, Madawaska Valley - Single Family for Sale

Rental cashflow calculator

Description

Property Details

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Market Timing

Location

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Neighbourhood profile (K0J)

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