The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Well situated on a paved, year-round municipal road in the quiet village of Griffith, this meticulously maintained, turn-key three-bedroom waterfront home (built in 2006) offers a fully upgraded riverside lifestyle with extensive recent improvements. Step inside to find a warm, open-concept main floor boasting soaring cathedral ceilings, new premium blinds, and expansive windows framing tremendous views of the Madawaska River. The heart of the home features a beautiful kitchen with a functional island and new appliances, a dedicated dining area, and a principal family room anchored by an efficient air-tight woodstove with elegant decorative stonework. Patio doors open directly onto a sweeping deck overlooking the water. This level includes a serene primary bedroom and an updated 4-piece bath, while the fully finished walkout basement expands your living space with a cozy recreation room warmed by a pellet stove, two additional bedrooms, a second 4-piece bath, a laundry room, and abundant storage. Rest easy knowing the property features an impressive list of structural and mechanical updates, including a new metal roof and gutter guards, a new furnace, a new sand point well, and enhanced street appeal with a newly added front porch. Just steps from your door, the property boasts a new 10'x12' floating dock that extends out to allow for convenient boat parking, offering excellent swimming both from the shore and off the dock. Enjoy true turn-key access to miles of boating, fishing, and exploration along the river and into Centennial and Black Donald Lakes. Many nearby trails exist for exploring on ATV's and on snowmobiles in the winter allowing for year round recreational activities at your doorstep. Easy to view and a quick closing is possible if needed.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$3,072/mo
Mortgage (principal + interest)$2,712
Property taxFrom listing: $4,312/yr$359
Minimum $47,500 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$145,000
Ontario land transfer taxProvincial brackets, no first-time refund$10,975
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$158,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Greater Madawaska has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
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.
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