18 Colony Lane, Greater Madawaska, ON

$424,900
MLS#:X12472296
3 beds
2 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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Property no longer active

This property was sold on December 22, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of 542 - Greater Madawaska. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $424,900 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 73.64 x 180 ft lot
  • Features a unfinished, development potential basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient forced air heating via propane

Description

Looking for water access to Calabogie Lake or a home close to Calabogie Peaks Ski Resort? Don't let this one pass you by. Located on Colony Lane, this unique property is one of eight original homes built for the families who constructed the area's historic hydro dams. Today, it offers a rare blend of history, community, and recreation in one of Eastern Ontario's most sought-after four-season destinations. This freehold home includes shared ownership of two common lots-one featuring direct waterfront access to beautiful Calabogie Lake, and the other offering garages, a tennis court, and open green space perfect for relaxing or tossing a football on a sunny afternoon. Whether you're seeking a cozy year-round residence or a peaceful getaway cottage, this property delivers the best of both worlds. The home's charm is matched by its surroundings. Calabogie is known for its incredible outdoor lifestyle and welcoming small-town feel. Enjoy four-season recreation just minutes from your door-skiing and snowboarding at Calabogie Peaks in winter, and hiking, golfing, or boating throughout the warmer months. Calabogie Lake is a true gem for water enthusiasts, ideal for pontoon cruises, water skiing, fishing, or simply boating across the lake for dinner at "On the Rocks" or Redneck Bistro. You can even dock at the Calabogie Highlands Golf Resort for a round of golf with a view. The area is also home to the renowned Calabogie Motorsports Park, adding excitement for racing fans and visitors alike. Everyday conveniences are close at hand with a local grocery store, pharmacy, medical clinic, hardware store, and several dining options right in the village. Whether you come for the recreation, the tranquility, or the sense of community, Calabogie offers a lifestyle that's hard to beat. With its unique history, shared lakefront access, and unbeatable location, this home is priced attractively for the area and won't last long.48 hours irrevocable on all offers.

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Property Summary

This detached home located at 18 Colony Lane, Greater Madawaska is currently for sale and has been available on SousaSells for 271 days. This property is listed at $424,900 with an estimated mortgage of $1,414* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 18 Colony Lane, 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

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateDecember 22, 2025
Sold price information is available to members only
Listed Date10/20/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementUnfinished, Development Potential
Lot Size73.64 × 180 Feet
CountyRenfrew
Annual Tax$2,304
Legal DescriptionLt 2, Pl 493; T/W & S/T R201328; Bagot Blythfield and Brougham

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeOther

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Lake Access, Lake/Pond, Waterfront

Interior Features

Other

Security Features

Community Features

Location

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18 Colony Lane, Greater Madawaska, ON
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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 18 Colony Lane, Greater Madawaska, ON K0J 1H0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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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$127,470 (30.0%)
* Minimum Canadian down payment required for this price is $21,245.
Amortization Period30 Years
Estimated Monthly Payment$1,414Based on a loan of $297,430 over 30 years.
Purchase Price$424,900
Loan Amount$297,430
Provincial Land Transfer Tax:$4,973
Total Estimated Closing Taxes:$4,973

About Purchasing a Home in Greater Madawaska, ON

For a property listed at $424,900 in Greater Madawaska, the legal minimum down payment is $21,245 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 $4,973 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 $4,973.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 542 - Greater Madawaska, Greater Madawaska.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$702,413

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

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.