Residentiae.
For Sale · Central Lakes

107031 HIGHWAY 7

Central Lakes · K0K2K0

$750,000

4Bedrooms
3Bathrooms
10Parking
1,500Sq Ft
1Storeys

About this residence

Welcome to your dream homestead a rare 102-acre property nestled in Madoc Township, ideal for hobby farming, self-sufficiency, and multi-generational living.This sprawling, fully surveyed property offers everything you need to live off the land: established spruce and pine plantations for future timber income, ample open space for gardens and livestock, and complete privacy with nature as your backdrop. Whether youre raising animals, growing your own food, or simply enjoying the peace of country life, this is the perfect setting to live your dream.At the heart of the property is a completely renovated 3+1 bedroom, 3-bathroom bungalow, thoughtfully designed for both family life and functional living. The bright, open-concept kitchen, living, and dining area makes entertaining easy, while a separate family room at the back of the home offers a cozy retreat with panoramic views of your land.Downstairs, a fully finished walk-out basement expands your living space dramatically. You will find a huge rec room, a large cold cellar, and a flexible bonus room currently used as a home gym, a studio, workshop, or additional bedroom. A craft room with a second walkout entrance provides even more possibilities, perfect for a home business, clinic, office, or a future in-law suite.Outdoors, theres a large detached carport and endless opportunities to expand your homestead vision, raise chickens, goats, sheep or more, grow orchards, or simply roam the vast landscape. The land itself is a mix of open areas and mature trees, offering beauty, functionality, and natural resources all in one.Recent updates to the home include new plumbing, electrical (200amp), a new septic system, windows, steel roof, and more just move in and start living your rural dream. Potential: With dual road frontages and residential zoning, future severance opportunities make this a smart long-term investment for those looking to expand, subdivide, or simply increase value over time. (id:61366)

Property details

Property type
Single Family
Style
House
Ownership
Freehold
Bedrooms
4 (3 above, 1 below)
Bathrooms
3
Storeys
1
Living area
1,500–2,000 sq ft
Lot size
2325 x 1941 FT
Frontage
2325 feet
Parking
10 spaces
Fireplace
Yes
Annual tax
$3,460
MLS®
X12304698
Board
Central Lakes
Status
Inactive
Listed
Jul 24, 2025
Updated
May 21, 2026

Room dimensions

RoomLevelDimensions
KitchenMain level5.56 × 2.36 m
Recreational, Games roomBasement6.04 × 6.37 m
Cold roomBasement5.21 × 1.98 m
OtherBasement4.38 × 2.81 m
OtherBasement1.77 × 0.92 m
Utility roomBasement3.05 × 1.91 m
OtherBasement6.86 × 3.25 m
Living roomMain level6.37 × 3.94 m
Dining roomMain level3.64 × 2.9 m
Dining roomMain level2.89 × 2.51 m
Family roomMain level5.81 × 2.96 m
Primary BedroomMain level5.88 × 5.07 m
BedroomMain level3.17 × 3.25 m
Bedroom 2Main level3.19 × 3.18 m
Bedroom 3Basement3.65 × 2.79 m
Family roomBasement8.26 × 6.01 m

Features & finishes

Appliances

  • Water Heater

Heating

  • Forced air
  • Propane

Cooling

  • Central air conditioning

Basement

  • Full
  • Finished
  • Walk out

Exterior

  • Vinyl siding

Foundation

  • Poured Concrete

Parking

  • No Garage

Sewer & Utilities

  • Septic System

Architecture

  • Bungalow

Financing

Mortgage calculator

Estimated monthly payment

$3,508/mo

Amortization

Loan amount

$600,000

Down payment

$150,000

Estimate only. Rates and terms vary by lender and qualification.

Powered by Lenderoo.ca

Location & area

Central Lakes

About the area

Census · K0K
115,850
Population
51
Median age
$83,000
Median income
$500,000
Median home value
86%
Home ownership
29 min
Avg. commute

Age distribution

0–14
14%
15–24
9%
25–44
20%
45–64
31%
65+
26%

Tenure

86% owners14% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 107031 HIGHWAY 7?

107031 HIGHWAY 7 is listed for $750,000, in Central Lakes.

How many bedrooms and bathrooms does 107031 HIGHWAY 7 have?

It offers 4 bedrooms and 3 bathrooms.

What type of home is 107031 HIGHWAY 7?

107031 HIGHWAY 7 is a Single Family, House set over 1 storey.

How large is 107031 HIGHWAY 7?

The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 2325 x 1941 FT.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,508. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $3,460 per year.

Is there parking?

Yes — 107031 HIGHWAY 7 includes 10 parking spaces.

What is the Central Lakes area like?

Central Lakes has a population of about 115,850, a median age of 51, a 86% home-ownership rate, with an average commute of about 29 minutes.

What is the average home value in Central Lakes?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Central Lakes?

The median household income in this area is approximately $83,000.

Private viewings

Arrange a private viewing of 107031 HIGHWAY 7.

Our advisors offer discreet, personal guidance from first viewing through to closing. We’d be delighted to assist.

Explore more homes