



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$1,199,000
Madawaska Valley
424 LAKEWOODS Drive, Madawaska Valley, Ontario, K0J1B0
This 2-bedroom, 2-bathroom home in Madawaska Valley is for sale. It has been on the market 154 days, fresher than the Madawaska Valley average of 182 days.
Turnkey waterfront luxury on Bark Lake - short-term rental friendly investment. Escape to the pristine shores of Bark Lake or step into a highly lucrative turnkey investment at 424 Lakewoods Drive. This premium 2-bedroom, 2-bathroom luxury bungalow was custom-built in 2017 and sits in one of Barry's Bay's most exclusive lakeside enclaves. Perfectly blending upscale modern living with the rugged, high-demand tourist appeal of the Madawaska Valley, this property is primed for immediate enjoyment or income generation. Inside, the expansive open-concept living space is defined by soaring cathedral ceilings and large windows that flood the home with natural light while framing breathtaking panoramic views of the water. The premium finishes, clean lines, and meticulous craftsmanship create a sophisticated, resort-like atmosphere optimized for effortless main-floor living, featuring a stunning master suite that flows beautifully out to a large lakeside deck. The full, bright walk-out basement featuring high ceilings, massive lakeside windows, and a direct separate walk-out entrance to the yard, this space is rough-in ready to be converted into an additional bedroom, a large recreation room, or a private guest suite. Enjoy deep, crystal-clear water, excellent walleye, lake trout and bass fishing, and spectacular, uninterrupted sunsets from your private dock. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 154 days on market, against an average age of 182 days across the listings currently for sale in this city
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.
This 2-bed single family in Madawaska Valley has been listed for 154 days, which is 28 days fresher than the city average of 182. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,199,000, about 15.8× the local median household income of $76,000.
Carrying it typically needs a household income of about $234,207 (20% down, 25-yr amortization, stress-tested) — roughly 208% above the area median.
Source: Statistics Canada, 2021 Census (FSA K0J)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice