$474,900
Est. payment $2,103/moCalculate yours
534 School House Lane, Greater Madawaska, ON K0J 2R0
542 - Greater Madawaska, Greater Madawaska, ON K0J 2R0
- 2 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of ROYAL LEPAGE INTEGRITY REALTY MLS® X13774376
About this home
Your waterfront retreat awaits on the pristine shores of Centennial Lake. Nestled along a quiet stretch of the Madawaska River, this charming bungalow offers unobstructed water views, a sandy beach, a gentle walk-in shoreline, and deep, crystal-clear swimming off the end of the dock-creating the perfect setting for boating, fishing, swimming, and making lifelong family memories. Lovingly maintained by the same owners for over 40 years, this special property has been cared for with pride and is ready for its next chapter. A welcoming front porch leads into the bright open-concept living, dining, and kitchen area, where soaring ceilings and a charming cast-iron wood stove create a warm and inviting atmosphere. The kitchen offers ample cabinetry and a cozy dining area, perfect for gathering after a day on the water. The home features two spacious bedrooms and a full three-piece bathroom. The true centerpiece of the property is the stunning waterfront great room, complete with a wood-burning fireplace and panoramic lake views. Whether you’re entertaining family and friends, enjoying a quiet morning coffee, or unwinding with a good book, this space is designed to showcase the beauty of the waterfront from every angle. Outside, you’ll find a generous storage shed with future bunkie potential, a well-maintained outhouse for added convenience when hosting guests, and endless opportunities to enjoy the outdoors. Serviced by a well and septic system, the property is well-suited for year-round living and offers excellent cell reception, allowing you to stay connected while embracing cottage life. Ideally located just 30 minutes from Calabogie Peaks Ski Resort and within easy reach of both Ottawa and Toronto, this waterfront gem offers the perfect balance of recreation, relaxation, and accessibility. Whether you’re searching for a year-round residence, a family cottage, or a peaceful escape from the city, this is a rare opportunity to experience lake life at its finest.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- New
- Size
- 700 sqft
Interior
- Bedrooms
- 2
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Block
- Roof
- Asphalt Shingle
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 198.84 x 167.27 Feet
- Parking
- None garage · 4 total
Financial
- Property Taxes
- $2,183 (2026)
Location
- Neighbourhood
- 542 - Greater Madawaska
- Cross Street
- School House Lane & Matawatchan Rd
- Direction Faces
- South
Listing
- MLS® Number
- X13774376
- Days on Market
- 37
- Listed On
- 2026-09-11
- Possession
- TBD
- Listed By
- ROYAL LEPAGE INTEGRITY REALTY
Features
Interior
- Storage
- Water Heater
Property
- Beach
- Cul de Sac/Dead End
- Golf
- Lake/Pond
- Waterfront
Pool
- None
- Included
- Microwave, Refrigerator, Stove, Hoodfan, Wood Cook Stove
Mortgage calculator
Estimated mortgage payment
$2,103 per month
- Principal and interest
- $2,103
- Property tax
- $182
- Condo fees
- $0
- Estimated monthly cost
- $2,285
Your mortgage
- Mortgage amount
- $379,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $250,906
Cash to close
- Down payment
- $94,980
- Land transfer tax
- $5,973
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $100,953
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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