$699,000

For sale

682 Long Lake Road, Madawaska Valley - Single Family for Sale

682 Long Lake Road, Madawaska Valley, Ontario, K0J1B0

6 beds3 baths15 parking2,250 ft²Listed 28 days ago

Overview

This 6-bedroom, 3-bathroom home in Madawaska Valley is for sale offering roughly 2,250 sq ft of space. It has been on the market 28 days, fresher than the Madawaska Valley average of 182 days.

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

Description

Excellent opportunity to have an investment property or have this beautiful resort to yourself. Property consists of a six bedroom, 3 bathroom lodge with three separate cabins. Two of the cabins have two bedrooms, a kitchen , dining room, living room and four piece bath. The third cabin has one bedroom, a kitchen, dining room, living room and four piece bath. All the cabins have a screened in porch where you can sip your morning coffee while listening to the call of the loon and enjoying the views of beautiful Long Lake. With three hundred feet of a sandy shoreline with gradual entry, Long Lake offers excellent swimming, boating and fishing. This area has some of the best snowmobile and ATV trails Ontario has to offer. (id:66096)

Property Details

MLS®: X13879744
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 4 above · 2 below
Bathrooms: 3
Parking: 15
Interior Size: 2,250 ft²
Frontage: 300 ft
Storeys: 1
Basement: Finished, Walk out, N/A
Heating: Forced air, Propane
Cooling: None
Garage: Detached Garage, Garage
Fireplace: Yes
Waterfront: Yes
Ownership: Freehold
Property Tax: $5,866.91/yr
Listed

Rooms

Main level

Kitchen: 5.29 x 3.55 meters
Dining room: 4.24 x 3.55 meters
Living room: 10.46 x 4.62 meters
Bedroom 3: 4.6 x 3.41 meters
Bedroom 4: 3.5 x 3.81 meters
Mud room: 2.68 x 1.3 meters

Lower level

Bedroom 5: 4.3 x 2.89 meters
Bedroom: 4.3 x 2.88 meters
Laundry room: 3.87 x 2.6 meters
Utility room: 2.95 x 2.68 meters

Features

Appliances: Water Heater
Foundation: Block
Exterior: Wood
Lot Features: In-Law Suite

Services

Water: Dug Well
Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

28d

Madawaska Valley listings, avg age

182d

Price / ft²

$311

List price

$699K

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 6-bed single family in Madawaska Valley has been listed for 28 days, which is 154 days fresher than the city average of 182. Act while there is still low competition.

Set a price alert Book a showing

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 $699,000, about 9.2× the local median household income of $76,000.

Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 80% 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)

$699,000· $311/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment6.42% · $44,900

Min 6.42%50%

Mortgage payment$3,626/mo

↳ CMHC premium ($26,164 capitalized)

Property tax (est.)$489/mo

Total monthly$4,115

Cash Needed to Close

Down payment (6.42%)$44,900

Land transfer tax$10,455

Est. closing costs$4,597

Total cash needed$59,952

Get Pre-Approved · Free & Fast

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

Rental cashflow calculator