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534 School House Lane

542 - Greater Madawaska / Greater Madawaska, ON K0J 2R0

ActiveFor Sale
2 Beds
1 Baths
700 Sq Ft
1 Lot Sq Ft
Single Family Home
Virtual Tour Available

About This Property

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.

Property Details

StatusActive
Property TypeSingle Family Home
Listing TypeFor Sale
Interior Size700 sq ft
Lot Size1 sq ft
Bedrooms2
Bathrooms1
Taxes (2026)$2,183
Postal CodeK0J 2R0
Last UpdatedOct 28, 2026 · 4:15 p.m.

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Features & Amenities

  • Waterfront
  • View
  • Fireplace

Buying or selling in Greater Madawaska?

Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.

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TRREB MLS® Attribution

MLS® X13774376

Listed by ROYAL LEPAGE INTEGRITY REALTY

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.

$474,900

asking price

MLS®X13774376
TypeSingle Family Home
CityGreater Madawaska
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$2,319

/month · $379,920 mortgage

Down Payment20% — $94,980
Interest Rate5.5%

Amortization

Total Interest

$315,780

Total Cost

$695,700

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

ROYAL LEPAGE INTEGRITY REALTY