169 Simpson Road, Madoc, ON
Property no longer active
This property was sold on June 18, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey rural residential located in the coveted neighborhood of Madoc. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $329,900 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 203 x 75 ft lot
- Features a crawl space, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient carport configuration
- Notable attributes: Water Heater
- equipped with window unit(s) central cooling and highly efficient other heating via electric
Description
Quaint 1-1/2 storey home located in Bannockburn. Nested just off Hwy 62 on under 1/2 an acre lot with beautiful outdoor living space with a covered front porch and back lounging area. Featuring a primary bedroom with an option for a second bedroom or office with a full bathroom. Main floor living area with a propane stove and island eat-in kitchen. Main floor laundry. Closed in carport with a wood stove and a shed for extra storage space.
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Property Summary
This rural residential located at 169 Simpson Road, Madoc is currently for sale and has been available on SousaSells for 778 days. This property is listed at $329,900 with an estimated mortgage of $1,098* per month. It has 2 beds, 1 bathroom, and is 700-1100 square feet. 169 Simpson Road, Madoc is in the Madoc neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 169 Simpson Road, Madoc, ON K0K 1Y0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Madoc, ON
For a property listed at $329,900 in Madoc, the legal minimum down payment is $16,495 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 $3,424 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 $3,424.
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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.