
Listed by Peak Realty Ltd..
542 - Greater Madawaska, Greater Madawaska, ON K0J 2R0
From PropTx
$499,900
As listed by the seller and their brokerage. It is a request, not a valuation, and nothing tests it until an offer arrives.
From MyNest360
The tools we build on top of the listing, each figure sourced and none of it PropTx data: what the house really costs to hold, what it costs to borrow against, and the inspection to book before your conditions come off.
From PropTx
The price, facts, description and history exactly as the feed states them. Nothing in this section is our own estimate.
Counts and measurements as the listing states them, not verified by us. Source: PropTx
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
What comes from PropTx, and what is ours
The price, address, room and size figures, description and days on site are sourced from PropTx and can lag the live listing. The map placement and the cost, offer, insurance and rental tools below are our own work, not PropTx data. Anything we have modelled rather than sourced carries an Est. tag.
1 event between Aug 5, 2026 and Aug 5, 2026.
Asking price moved from $499,900 on Aug 5, 2026 to $499,900 on Aug 5, 2026, a change of $0.
Your waterfront retreat awaits on the pristine shores of Centennial Lake. Nestled along a quiet stretch of the Madawaska River, this charming bungalow offers unobstructed water views, a sandy beach, a gentle walk-in shoreline, and deep, crystal-clear swimming off the end of the dock-creating the perfect setting for boating, fishing, swimming, and making lifelong family memories. Lovingly maintained by the same owners for over 40 years, this special property has been cared for with pride and is ready for its next chapter. A welcoming front porch leads into the bright open-concept living, dining, and kitchen area, where soaring ceilings and a charming cast-iron wood stove create a warm and inviting atmosphere. The kitchen offers ample cabinetry and a cozy dining area, perfect for gathering after a day on the water. The home features two spacious bedrooms and a full three-piece bathroom. The true centerpiece of the property is the stunning waterfront great room, complete with a wood-burning fireplace and panoramic lake views. Whether you're entertaining family and friends, enjoying a quiet morning coffee, or unwinding with a good book, this space is designed to showcase the beauty of the waterfront from every angle. Outside, you'll find a generous storage shed with future bunkie potential, a well-maintained outhouse for added convenience when hosting guests, and endless opportunities to enjoy the outdoors. Serviced by a well and septic system, the property is well-suited for year-round living and offers excellent cell reception, allowing you to stay connected while embracing cottage life. Ideally located just 30 minutes from Calabogie Peaks Ski Resort and within easy reach of both Ottawa and Toronto, this waterfront gem offers the perfect balance of recreation, relaxation, and accessibility. Whether you're searching for a year-round residence, a family cottage, or a peaceful escape from the city, this is a rare opportunity to experience lake life at its finest.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
On the record, and not one of the groups above.
1 years, from $2,183 in 2025 to $2,183 in 2025.
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Every home of this type in Greater Madawaska that has sold in the last 3 years.
Contact details for the listing agent are not shown: our current listing agreement licences them to registered users only.
Sourced from: PropTx. Last updated Aug 5, 2026.
From MyNest360
None of this is PropTx data. Each figure is our own and carries its source: the true cost to own, the mortgage studio, the inspection plan, and the rest.
Two figures stand against this house for two different purposes, the asking price and the assessment, so they do not agree and were never meant to. The gap is worked out here rather than left for you to hold in your head.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
At 20% down and 4.22% fixed, the all-in monthly cost works out to $2,484. Every line, the pool and the well included, plus the first-year total, is on the full breakdown.
At 20% or more there is no CMHC premium.
20% down · 4.22% indicative 5-yr fixed · The number of years the whole balance is paid off over. A longer amortization lowers the monthly payment and raises the total interest.. $2,183 for 2025, from the tax figure stated on the listing, divided by twelve. That is what the current owner pays, as the listing states it. That twelfth is the annual amount levelled across the year and not a payment you will make on any date. How a municipality actually collects it is set out in documents nobody here has read.; heat and utilities estimated. Figures illustrative.
Compare lenders and private optionsIt asks one question first: whether someone is already acting for you. That answer changes who books the visit and who is on your side inside the house.

Connect with Tara
Tara McCarthy
Broker, VP Ultra Luxury Division
Every question about this home reaches a licensed broker, not a form.

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Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.

Listed by Peak Realty Ltd..
Listed by RE/MAX METRO-CITY REALTY LTD. (RENFREW).

Listed by EXP REALTY.

Listed by EXP REALTY.
Listed by RE/MAX COUNTRY CLASSICS LTD..
Listed by ROYAL LEPAGE TEAM REALTY.

Listed by Peak Realty Ltd..
Listed by RE/MAX METRO-CITY REALTY LTD. (RENFREW).

Listed by EXP REALTY.

Listed by EXP REALTY.
Listed by RE/MAX COUNTRY CLASSICS LTD..
Listed by ROYAL LEPAGE TEAM REALTY.