$1,199,000
↓ $66,000 from $1,265,000
Est. payment $5,309/moCalculate yours
424 LAKEWOODS Drive, Madawaska Valley, ON K0J 1B0
570 - Madawaska Valley, Madawaska Valley, ON K0J 1B0
- 2 Beds
- 2 Baths
- 2 Garage
- 1,100 Sq Ft
Listing courtesy of GRAPE VINE REALTY INC. MLS® X13247072
About this home
Turnkey waterfront luxury on Bark Lake - short-term rental friendly investment. Escape to the pristine shores of Bark Lake or step into a highly lucrative turnkey investment at 424 Lakewoods Drive. This premium 2-bedroom, 2-bathroom luxury bungalow was custom-built in 2017 and sits in one of Barry’s Bay’s most exclusive lakeside enclaves. Perfectly blending upscale modern living with the rugged, high-demand tourist appeal of the Madawaska Valley, this property is primed for immediate enjoyment or income generation. Inside, the expansive open-concept living space is defined by soaring cathedral ceilings and large windows that flood the home with natural light while framing breathtaking panoramic views of the water. The premium finishes, clean lines, and meticulous craftsmanship create a sophisticated, resort-like atmosphere optimized for effortless main-floor living, featuring a stunning master suite that flows beautifully out to a large lakeside deck. The full, bright walk-out basement featuring high ceilings, massive lakeside windows, and a direct separate walk-out entrance to the yard, this space is rough-in ready to be converted into an additional bedroom, a large recreation room, or a private guest suite. Enjoy deep, crystal-clear water, excellent walleye, lake trout and bass fishing, and spectacular, uninterrupted sunsets from your private dock.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 6-15
- Size
- 1,100 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Total Rooms
- 10
- Basement
- Full, Unfinished, Walk-Out
Building & Systems
- Heating
- Forced Air (Propane)
- Cooling
- Central Air
- Exterior
- Wood , Board & Batten
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 196.59 x 485.91 Feet
- Parking
- Attached garage · 5 total
- Zoning
- Residential
Financial
- Property Taxes
- $4,034 (2026)
Location
- Neighbourhood
- 570 - Madawaska Valley
- Cross Street
- Skead
- Direction Faces
- North
Listing
- MLS® Number
- X13247072
- Days on Market
- 135
- Listed On
- 2026-06-05
- Possession
- TBD
- Listed By
- GRAPE VINE REALTY INC.
Rooms
Features
Interior
- Water Heater Owned
- Air Exchanger
- Primary Bedroom - Main Floor
Property
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, air exchanger, window blinds
- Rental items
- Propane tanks
Mortgage calculator
Estimated mortgage payment
$5,309 per month
- Principal and interest
- $5,309
- Property tax
- $336
- Condo fees
- $0
- Estimated monthly cost
- $5,645
Your mortgage
- Mortgage amount
- $959,200
- Mortgage insurance
- Not needed
- Interest over 25 years
- $633,474
Cash to close
- Down payment
- $239,800
- Land transfer tax
- $20,455
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $260,255
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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