286 LONG LAKE Road, Madawaska Valley, ON

$1,060,000
MLS#:X9451419
4 beds
2 baths
10.0 parking
Residential Freehold
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Property no longer active

This property was sold on November 6, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of 570 - Madawaska Valley. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $1,060,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Thoughtfully designed floor plan offering excellent spatial utility and privacy
  • Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available with a convenient other configuration
  • Notable attributes: Water Heater Owned
  • equipped with central air central cooling and highly efficient woodburning heating via wood

Description

Flooring: Vinyl, Wow, it doesn't get any better than this. Absolutely stunning new built home situated on 149 feet of a gorgeous sandy beach on Long Lake[Half Way Lake] situated on just shy of an acre. The original cottage was totally renovated with new plumbing, electrical, spray foam insulation on the floor joist. The new addition was completed in 2023 with new forced air propane furnace and central air. Brand new septic system, new drilled well. No need to worry about power outages with a 18KW Kohler generator. Large 5 foot crawl space totally insulated with plenty of storage space. Fully insulated bunkie approximately 21x15 feet. Beautiful shallow entry sandy beach. Sit on your oversized deck(approx 31x11.6) with your morning coffee and enjoy the call of the loons while watching the sunrise. The home has a oversized two car garage fully insulated with entrance into the crawl space. The yard features a fully fenced in flower and vegetable garden and plenty of flower gardens throughout the property.

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Property Summary

This detached home located at 286 LONG LAKE Road, Madawaska Valley is currently for sale and has been available on SousaSells for 686 days. This property is listed at $1,060,000 with an estimated mortgage of $3,528* per month. It has 4 beds, 2 bathrooms, and is unknown square feet. 286 LONG LAKE Road, Madawaska Valley is in the 570 - Madawaska Valley neighborhood.

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

Key Features

Bedrooms
4
Bathrooms
2
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 9, 2024
Sold price information is available to members only
Listed Date8/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionVinyl Siding
BasementCrawl Space, Unfinished
CountyRenfrew
Annual Tax$4,869
Legal DescriptionLT 30, PL 348; S/T R95744 ; RADCLIFFE SUBJECT TO AN EASEMENT IN GROSS OVER PART 1, PLAN 49R19645 AS IN RE269273 PART SHORE ROAD ALLOWANCE ALONG LONG LAKE, CLOSED BY RE289827, PART 2, 49R19558 SAVE AND EXCEPT PART 1, 49R9626 TOWNSHIP OF MADAWASKA VALLEY

Parking & Garage

Parking Total10.0
Garage TypeOther

Heating & Cooling

Heat SourceWood
Heat TypeWoodburning
CoolingCentral Air

Features

Property Features

Park, Beach, Wooded/Treed, Park, Waterfront

Interior Features

Water Heater Owned

Security Features

Community Features

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Location

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286 LONG LAKE Road, Madawaska Valley, 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 286 LONG LAKE Road, Madawaska Valley, ON K0J 1B0

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.

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Mortgage & Affordability Audit

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

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Interest Rate4.00%
Down Payment$318,000 (30.0%)
* Minimum Canadian down payment required for this price is $212,000.
Amortization Period30 Years
Estimated Monthly Payment$3,528Based on a loan of $742,000 over 30 years.
Purchase Price$1,060,000
Loan Amount$742,000
Provincial Land Transfer Tax:$17,675
Total Estimated Closing Taxes:$17,675

About Purchasing a Home in Madawaska Valley, ON

For a property listed at $1,060,000 in Madawaska Valley, the legal minimum down payment is $212,000 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 $17,675 for this transaction. As this listing is in Madawaska Valley (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $17,675.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for 570 - Madawaska Valley, Madawaska Valley.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$514,749

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.