
Madawaska Valley, ON K0J 1B0
Turnkey waterfront luxury on Bark Lake - short-term rental friendly investment. Escape to the pristine shores of Bark Lake or step into a highly lucrative turnkey investment at 424 Lakewoods Drive. This premium 2-bedroom, 2-bathroom luxury bungalow was custom-built in 2017 and sits in one of Barry's Bay's most exclusive lakeside enclaves. Perfectly blending upscale modern living with the rugged, high-demand tourist appeal of the Madawaska Valley, this property is primed for immediate enjoyment or income generation. Unlike other regions across Ontario that have banned or heavily restricted vacation rentals, the Township of Madawaska Valley permits short-term rentals, making this a rare cash-flowing asset. Between the highly sought-after Bark Lake draw and the modern, low-maintenance build, this property is ready to command premium nightly rates. Inside, the expansive open-concept living space is defined by soaring cathedral ceilings and large windows that flood the home with natural light while framing breathtaking panoramic views of the water. The premium finishes, clean lines, and meticulous craftsmanship create a sophisticated, resort-like atmosphere optimized for effortless main-floor living, featuring a stunning master suite that flows beautifully out to a large lakeside deck.
TRREB MLS® Attribution
MLS® X13247072
Listed by GRAPE VINE REALTY INC.
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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Est. Monthly Payment
$6,177
/month · $1,012,000 mortgage
Amortization
Total Interest
$841,149
Total Cost
$1,853,149
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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GRAPE VINE REALTY INC.