1197 Lower Spruce Hedge Road, Greater Madawaska, ON
Property Highlights
Welcome to this remarkable 2 1/2 Storey detached located in the coveted neighborhood of 542 - Greater Madawaska. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $840,000 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.
- 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1100-1500 sqft on a premium 791 x 951 ft lot
- Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: In-Law Suite
- equipped with window unit(s) central cooling and highly efficient baseboard heating via wood
Description
This property offers more than just a home-it's a lifestyle set on 17 acres with ample road frontage and mostly level terrain, providing endless possibilities for gardening, additional structures, or simply enjoying the peace and privacy of rural living. The main floor features warm exposed cedar beams that create an inviting atmosphere, while upstairs the primary bedroom includes a screened-in walk-out patio overlooking the private backyard and established gardens. Perfect for those with a green thumb, the property boasts extensive garden space, a fully equipped indoor growing room for year-round use, and an outdoor greenhouse for summer growing, making it ideal for nature lovers, aspiring homesteaders, or anyone seeking a serene retreat.
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Pricing & Value Insights
Data-driven valuation for 1197 Lower Spruce Hedge Road, Greater Madawaska, ON K0J 1G0
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About Purchasing a Home in Greater Madawaska, ON
For a property listed at $840,000 in Greater Madawaska, the legal minimum down payment is $59,000 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 $13,275 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 $13,275.
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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.