14794 Hwy 62 Highway, Madoc, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Madoc. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $295,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 649.3 x 935.08 ft lot size
Description
Prime 15+ Acre Vacant Lot in Madoc - A Rare Opportunity with Income Potential. Discover the perfect blend of natural beauty and investment value on this newly severed 15+ acre property in Madoc. Offering a versatile mix of open, cleared land and mature treed areas, this parcel provides an exceptional canvas for your future home, hobby farm, or rural retreat. Whether you're looking to build, explore recreational uses, or simply invest in land, the gently rolling landscape and serene surroundings make this property truly stand out. Adding to its appeal, the lot includes an income-generating billboard with prime highway exposure, offering an immediate revenue stream for the new owner- an uncommon bonus for vacant land in the area. Located just minutes from Madoc's amenities and within easy reach of Highway 7, this property strikes the perfect balance between peaceful country living and convenient access. Key Features: Newly severed 15+ acre parce, driveway entry completed, Mix of cleared space and mature trees. Income-producing billboard on site. Ideal for residential build, recreational use, or long-term investment. Close to town conveniences
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 14794 Hwy 62 Highway, Madoc, ON K0K 2K0
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About Purchasing a Home in Madoc, ON
For a property listed at $295,000 in Madoc, the legal minimum down payment is $14,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,900 for this transaction. As this listing is in Madoc (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,900.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.