107031 HIGHWAY 7
Central Lakes · K0K2K0
$750,000
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
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 5.56 × 2.36 m |
| Recreational, Games room | Basement | 6.04 × 6.37 m |
| Cold room | Basement | 5.21 × 1.98 m |
| Other | Basement | 4.38 × 2.81 m |
| Other | Basement | 1.77 × 0.92 m |
| Utility room | Basement | 3.05 × 1.91 m |
| Other | Basement | 6.86 × 3.25 m |
| Living room | Main level | 6.37 × 3.94 m |
| Dining room | Main level | 3.64 × 2.9 m |
| Dining room | Main level | 2.89 × 2.51 m |
| Family room | Main level | 5.81 × 2.96 m |
| Primary Bedroom | Main level | 5.88 × 5.07 m |
| Bedroom | Main level | 3.17 × 3.25 m |
| Bedroom 2 | Main level | 3.19 × 3.18 m |
| Bedroom 3 | Basement | 3.65 × 2.79 m |
| Family room | Basement | 8.26 × 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
Estimated monthly payment
$3,508/mo
Loan amount
$600,000
Down payment
$150,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Central Lakes
Nearby
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
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently 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.
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