1061 CENTENNIAL LAKE Road, Greater Madawaska, ON

$129,900
MLS#:X9439838
0 beds
0 baths
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of 542 - Greater Madawaska. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $129,900 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
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy

Description

The lot is conveniently located just 15 minutes from Calabogie Peaks, making it a great base for skiing, golfing, and hiking activities It can be used to build a dream home, serve as an investment property on platforms like Airbnb, or even be used for camping. This flexibility opens up different possibilities. A drilled well with crystal clear water and hydro already available is a significant advantage. Having these essential utilities in place can save you time and effort in the development process. With a stream leading to a small grotto on Black Donald Lake, as well as water access to the lake itself. Just 10 minutes from the nearest boat launch. The new driveway accessed from Centennial Lake road leads up to a high and dry lot. Please do not walk the lot without a realtor

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This vacant land located at 1061 CENTENNIAL LAKE Road, Greater Madawaska is currently for sale and has been available on SousaSells for 766 days. This property is listed at $129,900 with an estimated mortgage of $432* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 1061 CENTENNIAL LAKE Road, Greater Madawaska is in the 542 - Greater Madawaska neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 11, 2024
Sold price information is available to members only
Listed Date6/6/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
CountyRenfrew
Annual Tax$1,425
Legal DescriptionPART OF LOTS 13 AND 14 CONCESSION 6, BROUGHAM, PARTS 1, 2, 3 AND 4 PLAN 49R6447, S/T R255086, SUBJECT TO A RIGHT OF WAY OVER PARTS 2, 3 AND 4 PLAN 49R6447 IN FAVOUR OF PARTS 5, 6, 7, 8 AND 9, PLAN 49R6447 AS INLT8310 ; BAGOT BLYTHFIELD BROUGHAM.

Heating & Cooling

Features

Property Features

Golf, Skiing, Park, Sloping, Wooded/Treed

Interior Features

Security Features

Community Features

Location

Initializing map...
1061 CENTENNIAL LAKE Road, Greater Madawaska, ON
Loading local market trends...

Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1061 CENTENNIAL LAKE Road, Greater Madawaska, ON K0J 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Greater Madawaska.

Configure Loan Settings

Interest Rate4.00%
Down Payment$38,970 (30.0%)
* Minimum Canadian down payment required for this price is $6,495.
Amortization Period30 Years
Estimated Monthly Payment$432Based on a loan of $90,930 over 30 years.
Purchase Price$129,900
Loan Amount$90,930
Provincial Land Transfer Tax:$1,024
Total Estimated Closing Taxes:$1,024

About Purchasing a Home in Greater Madawaska, ON

For a property listed at $129,900 in Greater Madawaska, the legal minimum down payment is $6,495 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 $1,024 for this transaction. As this listing is in Greater Madawaska (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,024.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Greater Madawaska.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$703,220

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

No elementary schools data loaded.

Secondary Schools

No secondary schools data loaded.

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.