55 days on Market

101 SIBERIA Rd, Madawaska Valley, Ontario K0J 1B0

Detached
2 + 2
2
- sqft
$675,000
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Detached
2 + 2
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$2,899/mo

Tax Amount (2023)$3,918/yr

Days On Market55 days


Description

Discover the incredible potential of this charming brick bungalow, ideally located on an acre of prime waterfront along the scenic shores of Kamaniskeg Lake. This spacious home not only offers breathtaking panoramic views and a peaceful lakeside retreat, but also presents a fantastic opportunity for rental income. The fully finished lower level is perfectly designed for rental use, featuring two bedrooms, a full bathroom, a kitchen, large living area with stone fireplace and a separate entrance with it's own driveway, offering privacy and independence for tenants. The main floor of the home includes two additional bedrooms, a bathroom, a generous living area, and another large stone fireplace, making it equally appealing for a family or as another rental unit. With both levels offering separate living spaces, this home is an ideal choice for those seeking a property with significant rental potential, whether for long-term tenants or short-term rentals. Rental spaces are in high demand, with traveling healthcare workers at the hospital and Valley Manor, and students from Our Lady Seat of Wisdom College just a short walk away. This prime location offers convenient, comfortable housing for both professionals and international students, making it an ideal place to live. Enjoy over 90 km of boating and recreational activities right at your doorstep, as well as the added benefit of an underground garage with lake-side access, perfect for storing watercraft, operating a workshop or extra storage. Located within walking distance to the hospital, shopping, schools, and other amenities, this property provides the perfect combination of lakeside living and in-town convenience. Take advantage of this rare opportunity to generate rental income while enjoying the beauty and tranquility of Kamaniskeg Lake!


Property Details

StyleBungalow
View-
Age of property-
SqFt-
Lot Size44,803 SqFt(446.87 x 100.26)
Parking Spaces6
MLS ®NumberX10410989
Community NameMadawaska Valley
Data SourceTRREB
Listing byEXIT OTTAWA VALLEY REALTY

Features

Heating: Baseboard
Cooling: Window Unit
Fireplace
Basement: Finished, Full

Main Floor

Living

4.26 x 3.93

Stone Fireplace / Overlook Water / Large Window

Kitchen

4.26 x 3.35

Dining

3.93 x 1.80

Bathroom

2.76 x 2.13


Features

Lot size: 44,803 SqFt

Parking

Garage spaces 2

Garage type Attached

Other parking spaces 4

Total parking spaces 6


Property listed by EXIT OTTAWA VALLEY REALTY, Brokerage
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Population and Demographics

Overview

Total population 3923
Average household income $97,806

Age (%)

65 and plus
35%
50 to 64
27%
0 to 19
15%
35 to 49
13%
20 to 34
11%

Household composition (%)

Single family
61%
Single person
37%
Multi person
2%
Multi family
0%

Mother tongue (%)

English
86%
Polish
8%
Others
3%
French
2%

House tenancy (%)

Owners
80%
Renters
20%

Schools and amenities

Estimated Budget