$524,999

For sale

41948A Combermere Road, Madawaska Valley - Single Family for Sale

41948A Combermere Road, Madawaska Valley, Ontario, K0J1B0

2 beds2 baths6 parking1,300 ft²Listed 86 days ago

Overview

This 2-bedroom, 2-bathroom home in Madawaska Valley is for sale offering roughly 1,300 sq ft of space. Listed at $524,999, it is attractively priced about 11% below the $588,000 median asking price in Madawaska Valley. It has been on the market 86 days, fresher than the Madawaska Valley average of 181 days.

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Description

Built in 2021, this custom home is designed for an ideal one-level lifestyle. Open concept, with high ceilings and flooded with natural light ... the interior is beautiful, clean, and shows a refined character. Primary bedroom with ensuite bath and walk-in closet. Second bedroom is spacious and has a murphy bed, ready for any guests. The chef's kitchen has quiet close drawers and a built-in dishwasher. The location offers exceptional privacy while being just off the main paved roadway. The 3 acre property is on a dead end road and has no rear neighbour, backing onto picturesque hillside and forest. Yard space has a gorgeous patio area, the perfect place to unwind by the firepit or host a BBQ. Just minutes to water access on Kamaniskeg Lake, a public beach, hospital, and all shopping. The home is meticulously maintained and turnkey, with a low level on taxes but a high level on lifestyle! (id:66096)

Property Details

MLS®: X13658462
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 6
Interior Size: 1,300 ft²
Frontage: 800 ft
Storeys: 1
Style: Bungalow
Basement: None
Heating: Radiant heat, Propane
Cooling: Wall unit
Garage: Attached Garage, Garage
Ownership: Freehold
Property Tax: $2,512.34/yr
Listed

Rooms

Main level

Foyer: 2.66 x 1.72 meters
Kitchen: 7.74 x 6.4 meters
Primary Bedroom: 4.69 x 3.93 meters
Other: 2.33 x 1.65 meters
Bedroom 2: 4.87 x 3.96 meters
Laundry room: 2.92 x 2.51 meters
Utility room: 2.89 x 1.82 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, Microwave, Garage door opener remote(s), Water Heater - Tankless
Foundation: Slab
Exterior: Wood
Lot Features: Irregular lot size, Carpet Free

Services

Sewer: Septic System
Utilities: Electricity, Wireless

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

86d

Madawaska Valley listings, avg age

181d

Price / ft²

$404

List price

$525K

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 86 days, which is 95 days fresher than the city average of 181. Act while there is still low competition.

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Listed by Royal Lepage Proalliance Realty · Mark Sokolski

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0J)

This home lists at $524,999, about 6.9× the local median household income of $76,000.

Carrying it typically needs a household income of about $102,551 (20% down, 25-yr amortization, stress-tested) — roughly 35% 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)

$524,999· $404/ft²

For sale

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Full Cost Breakdown

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Down Payment5.24% · $27,499.90

Min 5.24%50%

Mortgage payment$2,758/mo

↳ CMHC premium ($19,900 capitalized)

Property tax (est.)$209/mo

Total monthly$2,968

Cash Needed to Close

Down payment (5.24%)$27,500

Land transfer tax$6,975

Est. closing costs$4,075

Total cash needed$38,550

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