$1,300,000

For sale

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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$1,300,000

Madawaska Valley

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40249 Combermere Road, Madawaska Valley - Single Family for Sale

40249 Combermere Road, Madawaska Valley, Ontario, K0J1B0

5 beds4 baths12 parking3,250 ft²297 × 199 ft (1.35 acres) lot sizeListed 191 days ago

Overview

This 5-bedroom, 4-bathroom home in Madawaska Valley is for sale offering roughly 3,250 sq ft of space.

Houses for Sale in Madawaska Valley →All real estate in Madawaska Valley →

Description

Experience luxury living with this exceptional lakefront property, offering direct access to the pristine waters of Kamaniskeg Lake and the scenic Madawaska River. USE FOR YOURSELF OR AIR BNB! This elegant home features 4 spacious bedrooms and 4 modern bathrooms, providing ample space for family and guests. Wake up to stunning lake views from every room and enjoy the serene beauty of nature from your doorstep. The expansive windows and tall vaulted ceilings create a bright and airy atmosphere, perfect for relaxation and entertainment. Step outside toa private dock, ideal for boating, fishing, and water sports. With its prime location and breathtaking surroundings, this property is a true waterfront paradise. Don't miss the opportunity to own a slice of lakeside heaven! **EXTRA** Enjoy your own WALKOUT lake access.Great for families and pets alike! The home is completely gated for your privacy and is just off of a main for easy access into the town and the road is maintained all year round! SEASON OR YEAR ROUND LIVING! (id:66096)

Property Details

MLS®: X13049604
Property Type: Single Family
Bedrooms: 5
Beds (above / below): 4 above · 1 below
Bathrooms: 4
Parking: 12
Interior Size: 3,250 ft²
Lot Size: 297 × 199 ft (1.35 acres)
Frontage: 297 ft
Storeys: 2
Basement: Partially finished, N/A
Heating: Forced air, Propane
Cooling: Central air conditioning
Garage: Attached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $5,826.26/yr
Listed: 191 days ago

Features

Foundation: Unknown
Exterior: Brick

Services

Sewer: Septic System

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

191d

Madawaska Valley listings, avg age

181d

Price / ft²

$400

List price

$1.30M

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 5-bed single family in Madawaska Valley is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by SKYBOUND REALTY · SIMONA STALLONE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

This home lists at $1,300,000, about 17.1× the local median household income of $76,000.

Carrying it typically needs a household income of about $253,936 (20% down, 25-yr amortization, stress-tested) — roughly 234% 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)

$1,300,000· $400/ft²

For sale

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Full Cost Breakdown

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Down Payment8.08% · $105,000.00

Min 8.08%50%

Mortgage payment$6,625/mo

↳ CMHC premium ($47,800 capitalized)

Property tax (est.)$486/mo

Total monthly$7,111

Cash Needed to Close

Down payment (8.08%)$105,000

Land transfer tax$22,475

Est. closing costs$6,400

Total cash needed$133,875

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