$480,000
1855 OLD BARRY'S BAY ROAD S
Beds
6
Baths
2 full + 1 half
Sqft
—
Year
—
Type
Single Family
Suite
Investment signal
Location nearby
Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Madawaska Valley. The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.
About this home
Water access property with the lake just across the road! This spacious 6-bedroom, 1.5-bath home offers a rare opportunity to own an affordable home or cottage in a highly sought-after lakeside location. Built in 1989 and set on just over an acre of land, the property provides the space, flexibility, and setting that buyers are searching for when looking to enjoy both year-round living and seasonal recreation. With six generously sized bedrooms, there is ample room for large families, visiting guests, or multi-generational living. Whether you're envisioning a full-time residence, a family cottage, or an investment property with excellent rental potential, the versatile layout provides countless possibilities to suit your needs. An oversized attached garage adds exceptional practicality, offering plenty of room for vehicles, recreational equipment, tools, and storage. There is space for boats, snowmobiles, ATVs, or workshop projects, making it an ideal feature for those who want to fully enjoy the surrounding outdoor lifestyle. Located directly across the road from Wadsworth Lake, the property benefits from nearby water access, allowing you to enjoy swimming, kayaking, fishing, and peaceful lakeside sunsets just moments from your doorstep. The property also backs onto the Polish Scouts Camp, creating a natural green space buffer that adds privacy and a peaceful atmosphere to the setting. The expansive lot offers just over an acre of land, providing room for outdoor living, gardening, campfires, and future improvements. Whether you're relaxing outside, hosting family gatherings, or simply enjoying the quiet surroundings, this property offers the space to make it your own. Affordable properties with this much space + proximity to the lake are increasingly difficult to find. This is an excellent opportunity to secure a home or cottage in a desirable lakeside community. Photos depict AI staging and do not show all lower level beds. Showings by appointment only. (id:65958)
- Subtype
- Single Family
- Architectural style
- Bungalow
- Structure
- House
- Community
- 570 - Madawaska Valley
- Common interest
- Freehold
- Lot dimensions
- 203 x 339.8 FT
- Bedrooms
- 6 above grade
- Parking
- 6 total
- Stories
- 1
- Fireplace
- 1
- On market
- Mar 11, 2026
- Status changed
- Apr 22, 2026
- Annual tax
- $3,283
- Photos
- 28
- MLS#
- X12869150
- Area
- MADAWASKA_VALLEY
Features and systems
Parking
Basement
Appliances
Heating
Cooling
Exterior
Foundation
Lot
View
Cash on cash
3.62%
Cap rate
5.59%
GRM
12.1
Break-even rent
$2,995
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 22, 2026.