Homula Realty Brokerage
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371 Kennedy Road, Greater Madawaska, ON K0J 1H0

2+1 beds · 1 bath · 1 kitchen · 6+3 rooms · 6 parking spaces · 1100-1500 sq ft · Laundry on the lower level level · Detached
$619,000
Property tax
$2,424 / year

This beautiful lakeview property has been extensively modernized since 2021: new septic tank (Fall 2025); furnace (2022) and hot water tank; installed central air conditioning; new water treatment system (2021) with softener and Fe/Mg/particle filtration; driveway resurfaced (2023) with crushed asphalt; exterior drainage improvements; eavestroughs extended with leaf guards; replaced basement flooring; updated lighting and electrical in the basement; installed landscape fabric in flowerbeds for reduced maintenance. Set on a treed property in a peaceful setting that the Calabogie area is prized for. Large windows fill the home with natural light while capturing beautiful views, making the landscape part of everyday living. The home features 2+1 bedrooms, providing flexible space for guests, a home office, or additional living area. Comfortable for full-time living, it also works well as a recreational retreat where family and friends can gather. A large garage offers plenty of room for all the gear that comes with life near the lake. Located in Greater Madawaska (Calabogie area), the property is minutes from boating on Calabogie Lake, the K&P Trail, skiing at Calabogie Peaks, hiking, golf, and four-season recreation. A great opportunity for buyers looking for a quiet road, treed setting, lake views, and a relaxed lifestyle.

MLS number
X12887936
Type
Detached
Status
Active
Bedrooms
3
Bathrooms
1
Postal code
K0J 1H0
Photos
35
Laundry
Lower Level level
181days · 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

This address has been listed 2 times.

Sale history is for registered usersSee what this address sold for and when, across all 2 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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 839 people.

$103,000Median household income
98.7%Own their home
97.5%Detached houses
60.4Median age
6.9%Born outside Canada
20.5%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35470297 — the few blocks around this address, home to 839 people. It describes the area, not this property.

839Population
54.5Average age
2.1Household size
$116,000Average household income
$103,000Median household income
99%Own their home
1%Rent
0%Condominiums
7%Born outside Canada
21%University degree
$688,000Average home value
10%Low income
16%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$30,000 to $34,9993%
$35,000 to $39,9992%
$40,000 to $44,9992%
$45,000 to $49,9992%
$50,000 to $59,9996%
$60,000 to $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9993%
$90,000 to $99,9994%
$100,000 and over34%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,99911%
$200,000 and over8%

Percentages are of the 585 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.

$123,800 · minimum here is $36,900
$2,740.80per month
Borrowed before insurance$495,200
Total borrowed$495,200
Interest over 25 years at 4.5%$327,039

If you rented it out

-$2,942.80per month out of pocket
Rent$0.00
Everything it costs to hold$2,942.80
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 ROYAL LEPAGE TEAM REALTY. Listing data provided by the Toronto Regional Real Estate Board.