$305,000

For sale

Book a showing

16537 Hwy 62, Madoc - Single Family for Sale

16537 Hwy 62, Madoc, Ontario, K0K1Y0

2 beds1 bath10 parking ft²

156 Cooper Road, Madoc, Ontario, K0K2K0

3 bd3 ba36 pk1,750 ft²Lot size 5.43 acres

Listed by RIGHT AT HOME REALTY

14945 Highway 62 Highway, Madoc, Ontario, K0K2K0

For saleJust listed

6 days ago

$450K

14945 Highway 62 Highway, Madoc, Ontario, K0K2K0

7 bd2 ba10 pk5,000 ft²Lot size 497 × 900 ft (10.26 acres)

Listed by Re/Max Quinte Ltd.

932 Hunt Club Road, Madoc, Ontario, K0K2K0

For sale

13 days ago

$750K

932 Hunt Club Road, Madoc, Ontario, K0K2K0

3 bd3 ba11 pk2,250 ft²Lot size 2005 × 2159 ft (99.38 acres)

Listed by Century 21 Lanthorn Real Estate Ltd

For sale

28 days ago

$830K

181 Jarvis Road, Madoc, Ontario, K0K2K0

3 bd3 ba8 pk1,750 ft²Lot size 191 × 245 ft (1.07 acres)

Listed by Exit Realty Group

Investment analysis

Rental cashflow calculator

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.

Estimated monthly rent

Enter the monthly rent you expect, or adjust our estimate.

Down payment (%)

Rate (%)

Amortization (yrs)

Property tax (/ yr)

Condo fee (/ mo)

Insurance (est. / mo)

Maint. + vacancy (est. / mo)

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.

$305,000

Madoc

Book a showing

Description

Welcome home! This charming 2-bedroom offers a warm, functional layout perfect for everyday living. The open-concept dine-in kitchen flows seamlessly into an open living and dining room, filled with lots of natural light throughout. Cozy up in the family room by the fireplace, or unwind in the inviting 3-season sunroom. The 4-piece bathroom serves the home well, and the primary bedroom impresses with a spacious walk-in closet. Downstairs, a full unfinished basement offers a workshop area and convenient walk-out access - great for hobbies, storage, or future potential. Set on over half an acre, this property offers exceptional privacy and plenty of room for kids to play. Don't miss this one! (id:66096)

Property Details

MLS®: X13719316
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 10
Interior Size: 900 ft²
Lot Size: 131 × 225 ft (29,475 sq ft)
Frontage: 131 ft
Storeys: 1
Style: Bungalow
Basement: Unfinished, Full, Separate entrance, N/A, N/A
Heating: Forced air, Propane
Cooling: None
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $2,581.91/yr
Listed: 69 days ago

Rooms

Main level

Living room: 4 x 5.3 meters
Kitchen: 4.3 x 3.96 meters
Dining room: 4 x 5.3 meters
Sunroom: 3.45 x 2.87 meters
Primary Bedroom: 3.1 x 3.58 meters
Bedroom 2: 4.1 x 3.6 meters
Bathroom
Family room: 3.3 x 7 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

69d

Madoc listings, avg age

88d

Price / ft²

$339

List price

$305K

Homes here sell slower than most markets

Sold homes in this market spent an average of 73 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 92.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (K0K)

This home lists at $305,000, about 3.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $59,577 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 115,850
Median age: 50.8
Owner / renter: 86% / 14%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA K0K)

$305,000· $339/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 Payment5% · $15,250

Min 5%50%

Mortgage payment$1,606/mo

↳ CMHC premium ($11,590 capitalized)

Property tax (est.)$215/mo

Total monthly$1,822

Cash Needed to Close

Down payment (5%)$15,250

Land transfer tax$3,050

Est. closing costs$3,415

Total cash needed$21,715

Get Pre-Approved · Free & Fast

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

16537 Hwy 62, Madoc - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (K0K)

Book a showing

Full Cost Breakdown