$475,000

$499,900For salePrice drop↓ $24,900 (5%)

47 Reynolds Road, Madoc - Single Family for Sale

47 Reynolds Road, Madoc, Ontario, K0K2K0

3 beds1 bath4 parking1,300 ft²175 × 250 ft (1.00 acres) lot sizeListed 33 days ago

Overview

This 3-bedroom, 1-bathroom home in Madoc is for sale offering roughly 1,300 sq ft of space. Listed at $475,000, it is attractively priced about 16% below the $565,000 median asking price in Madoc. It has been on the market 33 days, fresher than the Madoc average of 88 days.

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Description

Looking to escape to the country? Welcome to 47 Reynolds Rd, tucked away on a quiet dead-end road just outside Madoc. This beautifully renovated 3-bedroom bungalow offers the perfect blend of peaceful country living and modern comfort. With over 1,300 sq. ft. on the main level, the home has been extensively renovated within the past year, including new windows, doors, flooring, kitchen, bathroom, fixtures, and more. There's nothing left to do but move in and enjoy! Step outside to the large back deck and take in the exceptional privacy and peaceful treed backdrop. It's the perfect spot to enjoy your morning coffee, unwind after a long day, or entertain friends and family. The full basement is ready for your finishing touches, with a bedroom already framed in and plenty of space to create additional living or recreational areas. Heating and cooling are covered with a heat pump offering both heat and A/C, while a woodstove in the basement, with a new chimney-provides an additional cozy option. Located just 5 minutes from Madoc and around the corner from Ohara Mill Conservation Area, you'll have easy access to trails, exhibits, and plenty of opportunities to explore the outdoors. With numerous recreational trails, lakes, and natural areas nearby, there's always something to discover. If you've been dreaming of a peaceful country property without taking on a major renovation project, this one is worth a look. Quick closing is available! (id:66096)

Property Details

MLS®: X13854638
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 1
Parking: 4
Interior Size: 1,300 ft²
Lot Size: 175 × 250 ft (1.00 acres)
Frontage: 175 ft
Storeys: 1
Style: Bungalow
Basement: Full
Heating: Heat Pump, Baseboard heaters, Electric, Wood
Garage: No Garage
Fireplace: Yes
Ownership: Freehold
Property Tax: $3,100/yr
Listed

Rooms

Main level

Living room: 7.19 x 3.94 meters
Dining room: 2.95 x 3.93 meters
Kitchen: 4.23 x 3.93 meters
Laundry room: 1.82 x 3.04 meters
Bedroom: 3.2 x 3.94 meters
Primary Bedroom: 3.8 x 3.95 meters
Bedroom 2: 2.7 x 3.92 meters
Bathroom: 2.27 x 2.91 meters

Basement

Other: 14.7 x 7.82 meters
Other: 7.35 x 3.79 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, Water Treatment, Water Heater
Foundation: Block
Exterior: Vinyl siding
Lot Features: Wooded area, Irregular lot size

Services

Sewer: Septic System
Utilities: Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

33d

Madoc listings, avg age

88d

Price / ft²

$365

List price

$475K

Homes here sell slower than most markets

Sold homes in this market spent an average of 71 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.

Haho

This 3-bed single family in Madoc has been listed for 33 days, which is 55 days fresher than the city average of 88. Act while there is still low competition.

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Listed by Century 21 Lanthorn Real Estate Ltd · Steve Bancroft

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (K0K)

This home lists at $475,000, about 5.7× the local median household income of $83,000.

Carrying it typically needs a household income of about $92,784 (20% down, 25-yr amortization, stress-tested) — roughly 12% above 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)

$475,000· $365/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,750

Min 5%50%

Mortgage payment$2,502/mo

↳ CMHC premium ($18,050 capitalized)

Property tax (est.)$258/mo

Total monthly$2,760

Cash Needed to Close

Down payment (5%)$23,750

Land transfer tax$5,975

Est. closing costs$3,925

Total cash needed$33,650

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