Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

119 Eagle Crest Trail, Greater Madawaska, ON K0J 1H0

2 beds · 1 bath · 1 kitchen · 6 rooms · 4 parking spaces · < 700 sq ft · Detached
$725,000
Property tax
$2,743 / year

Perched on an elevated lot overlooking the pristine waters of Calabogie Lake, this cozy, turnkey (4 season) home is an opportunity to own a waterfront property in one of Eastern Ontario's most sought-after destinations. This charming cottage-style property has sweeping views across the lake and toward Calabogie Peaks. Currently an Airbnb, this property earns an impressive revenue. The kitchen is finished with crisp white cabinetry, sleek black hardware, stainless steel appliances, and a striking full-height tile backsplash. The adjoining dining area is framed by large picture windows that flood the space with natural light and offer tranquil water views. The living room is both cozy and functional, anchored by a freestanding Jotul wood stove (2023). Two bedrooms and a stylish three-piece bathroom with a glass-enclosed shower serve the home, while a dedicated laundry/storage space adds everyday practicality. Outside, the expansive deck with a hot tub allows for multiple vantage points to take in the unobstructed views of the natural surroundings, thanks to the home's location at the tip of the point. A series of wooden stairways and walkways leads down to the water, where a dock area provides water access. To the side of the home is a detached storage shed, while the designated parking area is found just above. Located in the heart of Calabogie, this property is surrounded by year-round recreational activities, including boating, swimming, hiking and Golf at Calabogie Highlands in the warmer months, and both downhill and cross-country skiing at nearby Calabogie Peaks Resort in the winter. The village of Calabogie is where you'll find local restaurants, cafés, and your essential amenities. Whether you're looking for a full-time residence away from the hustle and bustle of the city, a weekend escape, or an income-producing property, this property is for you!

MLS number
X13727134
Type
Detached
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
K0J 1H0
Photos
31
Laundry
Not in the unit
14days · 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.

$145,000 · minimum here is $47,500
$3,210.14per month
Borrowed before insurance$580,000
Total borrowed$580,000
Interest over 25 years at 4.5%$383,043

If you rented it out

-$3,438.73per month out of pocket
Rent$0.00
Everything it costs to hold$3,438.73
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 ENGEL & VOLKERS OTTAWA. Listing data provided by the Toronto Regional Real Estate Board.