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Price Change$299,000

22 Lane Street

570 - Madawaska Valley, Madawaska Valley

$285,000

Detached|2-Storey
3 | 1 | 4
About this home

Welcome to 22 Lane Street in the Municipality of Madawaska Valley, an excellent opportunity for first-time homebuyers, investors, or anyone looking for an affordable place to call home. This charming 3-bedroom, 1-bathroom two-storey home is situated on a large lot just outside the vibrant community of Barry's Bay, offering the perfect balance of small-town convenience and natural beauty. This property presents lots of potential and is a great investment opportunity for those looking to enter the market, renovate, or build equity over time. The functional layout offers plenty of room to update, personalize, and make it your own. Current Seller will be finishing trim, some electrical and bathroom upgrades before close. One of the standout features of this property is the expansive yard space, providing plenty of room for outdoor living, gardening, play areas, future improvements, or simply enjoying the privacy and open space. You will appreciate the added sense of peace, privacy, and a natural backdrop that enhances everyday living. Enjoy being close to excellent healthcare services, local shops, schools, and the strong community spirit that makes Barry's Bay such a desirable place to live. The area is known for its welcoming atmosphere and reliable amenities, making it a great place to settle down or invest. Outdoor enthusiasts will appreciate the abundance of nearby lakes, trails, parks, and year-round recreational opportunities right at your doorstep. Whether it is boating, fishing, hiking, snowmobiling, or simply enjoying the natural surroundings, this location offers something for every season. Whether you are starting your homeownership journey, downsizing, searching for a recreational getaway, or adding to your investment portfolio, this property offers exceptional value in a sought-after location in beautiful Madawaska Valley.

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agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2-Storey
Approx. AgeNot available
Size700-1100 sq. ft.
Property Tax$1,452
Lot Size49.78 ft x 316 ft
mls© NumberX13458194
Listed ByEXP REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,459
Property tax
$121
Heat allowance
$150
Housing costs
$1,730 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $57,000
25-yr amortization

Income needed

$53,000

gross annual household income

Payment at 4%
$1,199 / mo
Cash down
$57,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

Values and trends

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