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.
Set privately along the Madawaska River, 3 Dam Road is a substantial 5-bedroom, 3.5-bath log residence where craftsmanship, scale and an exceptional natural setting come together. A sweeping U-shaped drive winds through the trees, revealing the home and impressive detached three-car garage in a setting that feels remarkably secluded. Inside, soaring approx. 20-ft ceilings and a dramatic floor-to-ceiling fieldstone fireplace define the two-story great room, complemented by warm timber interiors and generous spaces designed for gathering. The open kitchen and dining area flow naturally into the heart of the home, while a main-floor primary suite with in-suite laundry, bath and a private river side deck entrance provides the ease of one-level living. Upstairs, two additional bedrooms are joined by a spacious river-view lounge and private office; with another full bath with a 'cheater ensuite'. The finished lower level extends the living space with two further bedrooms, recreation area and built-in bar-ideal for hosting family and guests, and generous storage. Outside the deck and screened outdoor living space transition into the surrounding landscape, while a private dock provides direct access to the Madawaska. Here, the river is more than a backdrop: a babbling stream, mature forest and the distant rush of the rapids create a natural soundtrack unique to the property. Palmer Rapids is renowned for its paddling culture, placing canoeing, kayaking and whitewater adventure close at hand, while the calmer water at home invites swimming, paddling and unhurried days at the dock. Remarkably private without being remote, the property is approximately 25 minutes from hospital services and major grocery stores. Metal roof, central air, drilled well, septic and exceptional parking complete this distinctive four-season property. A rare opportunity to experience the Madawaska with space, privacy and adventure at your doorstep. Quick closing possible. Appointments Req'd.
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Estimated Rental Income
Rental estimate coming soon
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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$4,400/mo
Mortgage (principal + interest)$3,924
Property taxFrom listing: $5,712/yr$476
Minimum $79,900 down for this price; the slider moves in whole percent, starting at 8%. 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$209,800
Ontario land transfer taxProvincial brackets, no first-time refund$17,455
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$230,055
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Brudenell, Lyndoch and Raglan 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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