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Investment signal

$598,000

684 MITCHELL ROAD

Save this home

Beds

3

Baths

3 full + 1 half

Sqft

Year

Type

Single Family

Suite

Suite potential

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

2 year old Custom-Built Log Home Welcome to your Northern Retreat! Nestled on a beautifully landscaped 1.5-acre lot in the prestigious Algonquin Heights Estates, this custom-built log home is a rare gem that perfectly blends rustic elegance with modern comforts. Crafted with exceptional attention to detail, this 1,500 sq ft masterpiece showcases the warmth and character of true log home living. Step inside to find glowing pine plank floors, a stunning custom kitchen with handcrafted red pine cabinetry, and a thoughtfully designed layout featuring two spacious bedrooms, a stylish 3-piece bath, and a convenient main floor laundry.Upstairs, your private loft-style primary suite awaitscomplete with a second 3-piece bathroom and a standalone soaker tub thats perfect for relaxing after a day outdoors.The bright walkout basement adds even more versatile space, featuring a 2-piece bath, vinyl plank flooring, and a cozy V-joint pine ceiling ideal for a family room, guest suite, or creative workspace. Step outside and take in the peace and beauty of your surroundings on the massive 20' x 8' covered wraparound deck! enjoy your morning coffee, evening sunsets, or entertaining friends, with seasonal views of stunning Trout Lake. Just a 2-minute walk to deeded waterfront access, enjoy the use of a shared dock where you can launch your kayak or simply unwind by the waters edge. Located only 30 minutes from the East Gate of iconic Algonquin Park, this property offers year-round adventure with world-class hiking, canoeing, and wildlife right at your doorstep. Plus, you're just a short drive from shopping, dining, and all local amenities in quaint Barrys Bay!. Whether you're searching for a year-round residence, a peaceful cottage getaway, or a unique investment opportunity, this incredible log home delivers it all.Dont miss your chance to own a true piece of Northern Ontario paradise! (id:65958)

Subtype
Single Family
Structure
House
Community
570 - Madawaska Valley
Common interest
Freehold
Lot dimensions
232.4 x 176.5 FT
Bedrooms
3 above grade
Parking
5 total
Stories
2
Fireplace
1
On market
Apr 27, 2026
Status changed
Apr 27, 2026
Annual tax
$2,213 (2025)
Zoning
residential
Photos
33
MLS#
X13046642
Area
MADAWASKA_VALLEY

Features and systems

Parking

Detached GarageGarage

Basement

FinishedFullWalk out

Appliances

WasherRefrigeratorStoveDryer

Heating

Forced airPropane

Cooling

None

Exterior

Log

Flooring

HardwoodVinyl

Foundation

Insulated Concrete Forms

Lot

HillsideBacks on greenbeltDryCarpet Free

View

Lake viewValley view
Negative cash flow ~$676/mo at these assumptions

Cash on cash

-6.78%

Cap rate

3.51%

GRM

16.6

Break-even rent

$3,711

Financing

Down payment$119,600
Loan amount$478,400
Mortgage$2,424/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$274
Insurance$80
Maintenance$498
CapEx reserve$249
Vacancy loss$150

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

Estimated $2,424/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 27, 2026.

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