534 School House Lane
Greater Madawaska, ON
2 bed • 1 bath • approx. 700-1100 sqft • Detached • 22 days on market
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.
Listing Details
- Taxes (2025)
- $2,183
- Listed
- August 5, 2026
Price History
Listing history
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Property
- Style
- Bungalow
- Construction
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation
- Block
- Interior
- Storage, Water Heater
- Lot Size
- 198.84 x 167.27 Feet
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Electric
Location & Legal
- Cross Street
- School House Lane & Matawatchan Rd
- Parcel Number
- 574890086
- Possession
- Flexible
Commercial
- Occupancy
- Owner
Included
- Inclusions
- Microwave, Refrigerator, Stove, Hoodfan, Wood Cook Stove
Waterfront
- Water Body
- Madawaska River
- Shoreline
- Clean, Deep, Sandy
- Docking
- Private
Community
Postal area K0J
- Population
- 34,322
- Private dwellings
- 19,885
- Median age
- 52.4
- Average household size
- 2.3
- Median household income
- $76,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Greater Madawaska · last 12 months
- Median sold price
- $485,000
- Homes sold
- 75
- Median days on market
- 47
- Sale-to-list price
- 94.8%
Based on 75 recorded sales of residential freehold properties in Greater Madawaska over the last 12 months.
Listed by
ROYAL LEPAGE INTEGRITY REALTY
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Mortgage Calculator
$99,980
Estimated Monthly Payment
$2,456
Investment Analysis
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Mortgage: $2,456/mo (20% down, 5.5%)
Taxes: $182/mo · Insurance: $125/mo
Estimates only. Consult a financial advisor.
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