Homula Realty Brokerage
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78 Mill Road, Madoc, ON K0K 2K0

3+2 beds · 3 baths · 1+1 kitchens · 9+7 rooms · 8 parking spaces · 1500-2000 sq ft · Detached
$899,900
Property tax
$5,215 / year

Looking for a country property with room to roam, yet only minutes from town? With over 36 acres, this property offers the perfect blend of space, privacy, and convenience-and it has everything you need for comfortable country living. This well-maintained, 12-year-old brick bungalow features 1,584 sq. ft. of living space on the main level, with a bright, open-concept layout designed for everyday living and entertaining. The spacious kitchen features granite countertops and a large island that serves as the perfect gathering place for family and friends. Three bedrooms, including a primary bedroom with ensuite bath, walk in closet, plus an additional 4-piece bathroom complete the main floor. The full basement adds incredible versatility, offering a bedroom, large living room, 4-piece bathroom, kitchenette, and separate ground-level entrance, ideal for an in-law suite, apartment, guests, or extended family. Enjoy the outdoors from the south facing covered front deck or the private backyard deck, complete with a hot tub, perfect for relaxing after a day spent enjoying the property. The attached double garage is heated and finished as an impressive man cave/workshop, complete with an epoxy floor, making it an ideal space for hobbies, projects, or extra storage. The rural zoning allows for a variety of mixed uses, including the opportunity to have animals, depending on your plans. A Generac generator provides peace of mind during power outages, while the surfaced driveway offers plenty of parking and convenient turnaround space. Located just minutes from Madoc and close to recreational trails for ATV and snowmobile enthusiasts, as well as numerous lakes, this property is perfectly positioned for those who love the outdoors. With over 36 acres to explore, versatile living space, excellent amenities, and a move-in-ready home, this is a country property with plenty to offer. A quick closing is available so don't wait!

MLS number
X13677176
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
3
Postal code
K0K 2K0
Photos
50
28days · this listing
28days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Matched to a published address point for this address.

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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 607 people.

$80,000Median household income
83.3%Own their home
95.8%Detached houses
50Median age
6.9%Born outside Canada
12.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120258 — the few blocks around this address, home to 607 people. It describes the area, not this property.

607Population
45.5Average age
2.5Household size
$102,000Average household income
$80,000Median household income
83%Own their home
17%Rent
0%Condominiums
7%Born outside Canada
12%University degree
$528,000Average home value
14%Low income
68%Not in the labour force
20%Never married
$20,000 to $24,9993%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9998%
$90,000 to $99,9995%
$100,000 and over27%
$100,000 to $124,9999%
$125,000 to $149,9996%
$150,000 to $199,9996%
$200,000 and over5%

Percentages are of the 320 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.

$179,980 · minimum here is $64,990
$3,984.56per month
Borrowed before insurance$719,920
Total borrowed$719,920
Interest over 25 years at 4.5%$475,449

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$2,919.15per month out of pocket
Rent$1,500.00
Everything it costs to hold$4,419.15
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 Century 21 Lanthorn Real Estate Ltd.. Listing data provided by the Toronto Regional Real Estate Board.