$897,500

For sale

299 Siberia Road, Madawaska Valley - Single Family for Sale

299 Siberia Road, Madawaska Valley, Ontario, K0J1B0

3 beds2 baths8 parking1,300 ft²Listed 176 days ago

Overview

This 3-bedroom, 2-bathroom home in Madawaska Valley is for sale offering roughly 1,300 sq ft of space. It has been on the market 176 days, fresher than the Madawaska Valley average of 181 days.

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Description

Minutes from town, waterfront, acreage, it doesn't get any better than this. The shoreline features 192 feet on Lake Kamaniskeg, one of the premiere lakes in the area offering excellent fishing, swimming and boating. Situated on 7.75 acres this home features 3 bedrooms, sunroom, large deck off the main level with glass railings perfect to sit and enjoy your morning coffee while you enjoy the views the lake has to offer. The basement has a walkout and is wide open ready for your finishing touches with 9 foot ceilings and a 3 pc bath. The home is heated with an Oil /wood forced air furnace has air conditioning and an air exchanger . There are a number of outbuildings and a 2.5 car garage to store all your toys. The home is situated minutes from town, Barry's Bay has a number of restaurants shops, pharmacy, post office, hospital and a Tim Hortons. The area is famous for its snowmobile and ATV trails and countless lakes. The East gates of Algonquin Park are just a short drive away. (id:66096)

Property Details

MLS®: X13119404
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 8
Interior Size: 1,300 ft²
Frontage: 192 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full, Walk out, N/A, N/A
Heating: Forced air, Oil, Wood
Cooling: Central air conditioning, Air exchanger
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold

Rooms

Main level

Kitchen: 3.88 x 3.7 meters
Living room: 7.77 x 7.36 meters
Primary Bedroom: 3.42 x 3.25 meters
Bedroom 2: 2.79 x 2.64 meters
Bedroom 3: 2.89 x 2.64 meters
Sunroom: 3.45 x 2.61 meters
Foyer: 2.84 x 1.29 meters
Bathroom: 3.34 x 2.49 meters

Lower level

Other: 13.25 x 10.38 meters
Bathroom: 2.75 x 2.33 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, Dishwasher, Stove, Dryer, Water Treatment, Water Heater
Foundation: Poured Concrete
Exterior: Vinyl siding

Services

Water: Drilled Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

176d

Madawaska Valley listings, avg age

181d

Price / ft²

$690

List price

$898K

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 3-bed single family in Madawaska Valley has been listed for 176 days, which is 5 days fresher than the city average of 181. Act while there is still low competition.

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Listed by ROYAL LEPAGE TEAM REALTY · John Borysiak

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

This home lists at $897,500, about 11.8× the local median household income of $76,000.

Carrying it typically needs a household income of about $175,313 (20% down, 25-yr amortization, stress-tested) — roughly 131% 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)

$897,500· $690/ft²

For sale

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Full Cost Breakdown

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Current Rates

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Down Payment7.21% · $64,750.00

Min 7.21%50%

Mortgage payment$4,617/mo

↳ CMHC premium ($33,310 capitalized)

Property tax (est.)$308/mo

Total monthly$4,925

Cash Needed to Close

Down payment (7.21%)$64,750

Land transfer tax$14,425

Est. closing costs$5,193

Total cash needed$84,368

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