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Lot 15 Sandy Shores Trail, Madawaska Valley, ON K0J 1B0

Vacant Land
$419,000
Property tax
$1,563 / year

With mature tree growth and a level, open area near the water's edge, Lot 15 offers 162 feet of frontage on the tranquil Green Lake. Spanning 2.17 acres, this property provides endless possibilities to create your dream home or cottage. If peaceful lakefront living surrounded by nature is what you seek, this is it. The calm, clear waters of Green Lake are perfect for canoeing, kayaking, and family fun. A drilled well is already in place for your convenience. Chippawa Shores is a freehold waterfront community thoughtfully designed with privacy and exclusivity in mind. It's an opportunity to be part of a development where families build lasting memories for generations. Owners enjoy joint-use access to The Lodge, The Great Lawn, and The Beach-featuring over 1,300 feet of western-facing sandy shoreline, ideal for swimming, beach volleyball, and watersports. A private road ensures year-round access. The minimum build size is 1,250 sq. ft., with no timeline to build. Municipal by-laws and the Ontario Building Code govern what and where you can build, allowing flexibility while preserving the integrity of this beautiful community.

MLS number
X12522742
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
K0J 1B0
Photos
24
Laundry
Not in the unit
310days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,168 people.

$68,500Median household income
93.9%Own their home
98.2%Detached houses
59.6Median age
9.3%Born outside Canada
17.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120232 — the few blocks around this address, home to 1,168 people. It describes the area, not this property.

1,168Population
53.3Average age
2.1Household size
$81,600Average household income
$68,500Median household income
94%Own their home
6%Rent
0%Condominiums
9%Born outside Canada
17%University degree
$478,000Average home value
15%Low income
17%Never married
Under $5,0001%
$5,000 to $9,9991%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9994%
$35,000 to $39,9996%
$40,000 to $44,9993%
$45,000 to $49,9993%
$50,000 to $59,9996%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over22%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over4%

Percentages are of the 715 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$83,800 · minimum here is $20,950
$1,855.24per month
Borrowed before insurance$335,200
Total borrowed$335,200
Interest over 25 years at 4.5%$221,372

If you rented it out

-$1,985.49per month out of pocket
Rent$0.00
Everything it costs to hold$1,985.49
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by EXP REALTY. Listing data provided by the Toronto Regional Real Estate Board.