Listed for:Listed Jun 5, 2026
$1,199,000

424 Lakewoods Drive

Madawaska Valley, ON K0J 1B0

Detached House For Sale
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 424 Lakewoods Drive, Madawaska Valley, Madawaska Valley

No listing history available

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About 424 Lakewoods Drive, Madawaska Valley, Madawaska Valley

Summarized Description

  • Turnkey luxury bungalow on Bark Lake
  • Custom-built in 2017 with premium finishes
  • Open-concept design with panoramic water views
  • Short-term rental friendly in Madawaska Valley
  • Large lakeside deck for outdoor enjoyment
  • Soaring cathedral ceilings enhance natural light
  • Exclusive lakeside location with high tourist demand
  • Ready for immediate enjoyment or income generation

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. Unlike other regions across Ontario that have banned or heavily restricted vacation rentals, the Township of Madawaska Valley permits short-term rentals, making this a rare cash-flowing asset. Between the highly sought-after Bark Lake draw and the modern, low-maintenance build, this property is ready to command premium nightly rates. 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.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$4,034
Land Transfer Tax Fee
$20,455

Rental Items

Rental Equipment
Propane tanks
Under Contract
Propane Tank

Basement Type
Full, Unfinished, Walk-Out

Interior Features

Laundry Level
Main Level
Interior Extras
Water Heater Owned, Air Exchanger, Primary Bedroom - Main Floor
View
Lake
Fireplace/Stove
Yes
Fireplace Features
Natural Gas
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Property Features
Waterfront, Wooded/Treed

Building

Building Type
Detached
Building Style
Bungalow
Approx Age
6-15

Construction

Exterior Finish
Wood , Board & Batten
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
196.59 ft
Lot Depth
485.91 ft

Inclusions

Inclusions
Stove, Microwave/Hood Fan, Dryer, Washer, Refrigerator, air exchanger, window blinds

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
5

Heating & Cooling

Heat Source
Propane
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Well
Sewers
Septic

Bedrooms
2
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Laundry—
    Main level
  • Foyer—
    Main level
  • Primary Bedroom—
    Main level
  • Bathroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level
  • Other—
    Main level

Washrooms

  • 4-piece
  • 3-piece

Municipality
Madawaska Valley
Neighbourhood
Madawaska Valley
Main cross streets
Skead
Zoning
Residential
Directions
From Ottawa 2 hrs 15 mins (201 kms) - 417 West to Renfrew, left on hwy 60 to just past Barry's Bay, left on Skead to Lakewoods. From Toronto: 3 hrs 36 mins (323 km) via ON-28 N
Waterfront
Direct

MLS® number
X13247072
Data source
Toronto Regional Real Estate Board
Listed on
2026-06-05
Updated on
2026-07-27
Days on market
143 days
Possession type
Flexible
Co-op commission
2.5% to be paid by seller's lawyer on close
Seller
Listed by
GRAPE VINE REALTY INC.

Home Market Value

Current home valuation for 424 Lakewoods Drive, Madawaska Valley, Madawaska Valley, Madawaska Valley, ON. Listed for $1,199,000

HOMEH Estimate

?

$1,060,000

Estimated Sales Range

?

$837,400 - $1,282,600

HOMEH Estimate for 424 Lakewoods Drive, Madawaska Valley, Madawaska Valley

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,060,000Medium confidence
Based on 15 comparable properties
+ $139,000 (13%) above our estimate
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Madawaska Valley, ON
Minimum Down Payment Required:7.9%

5% on first $500K + 10% on $699,000 over $500K

Minimum down payment

$94,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$44,123$33,452$28,536$0
=Total mortgage
$1,147,203$1,112,552$1,047,686$959,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,601monthly$5,432monthly$5,115monthly$4,683monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$20,455

Total Land Transfer Tax

$20,455

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