137 Lakeshore Dr is a 4-bedroom, 2-bathroom detached home in Madawaska Valley, listed for $848,800. It has 1500-2000 sq ft of living space.
1Large, level and private lot with southern exposure for that all day sun and wonderful sunsets, and entirely bordered on the western side by a large flowing creek.
2A rare waterfront city lot, on the edge of town, and connected to city services.
A remarkable waterfront one-level home with 1800 square feet, this beautiful bungalow sits with southern exposure on Kamaniskeg Lake, and provides a unique lot which is completely wheelchair accessible, from the front door to the dock! Featuring 4 bedrooms, 2 bathrooms and a great room. Quite spectacular... Large, level and private lot with southern exposure for that all day sun and wonderful sunsets, and entirely bordered on the western side by a large flowing creek. A rare waterfront city lot, on the edge of town, and connected to city services. The best of fishing, swimming, and boating ... the Madawaska system offers 90km of boating to explore. Located on a hard top road, you are minutes away from shops, the hospital, and all amenities. Incredible views and sandy shores. Enjoy a 1600 square foot deck, with 650 cedar trees providing total privacy. A 30 x 6 foot private dock leads to swimming and a unique pristine sandbar extending 110 feet out and being 120 feet across. Play on your beach, creek for kids to explore... or sit in your lawn chairs and enjoy your feet in the water. Take your boat out with easy access from your dock or the nearby boat launch. A 2 minute walk gives you access to two waterfront sand beach volleyball courts, tennis courts, children's play park Jungle Gym, swings and other play areas. Safety for kids, and a gradual entry shoreline provides walk in entry for seniors. Awesome place!
4 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $566 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 137 Lakeshore Dr
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
1500-2000 sq ftas stated on the listing
Lot size
289.00 x 0.00 Feet (Irregular)0.888 sq ft
Parking
10 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
10
Interior
Basement
None
Lot & land
Lot dimensions
289.00 x 0.00 Feet (Irregular)
Lot size (sqft)
0.888
Lot features
Irregular Lot
Listing & possession
Property style
Bungalow
Property class
Detached
137 Lakeshore Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$4,170
/mo
based on the purchase price of $848,800
$169,760 cash
$679,040 financed
$571,930 total interest
Principal54%$679,040
Interest46%$571,930
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Madawaska Valley
Other 3-bed homes for sale in Madawaska Valley around $849K.
Average days on market64Homes sold in about 64 days on average.
Sale-to-list ratio93.6%On average, homes sold below asking.
Active listings69Homes for sale here right now.
Median vs prior 90 days+7.0%Compared with May 14 – Aug 12, 2026: prices up.
Based on 30 sales from Aug 12 – Nov 10, 2026 (24 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 137 Lakeshore Dr
How much is 137 Lakeshore Dr listed for?
137 Lakeshore Dr is listed at $848,800 (MLS® X13762584). Summitly updates the price as soon as the MLS® record changes.
Is $848,800 a good price for 137 Lakeshore Dr?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Madawaska Valley. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 137 Lakeshore Dr changed?
Yes — it was first listed at $898,400 and is now $848,800, a drop of $49,600 (5.5%).
How many bedrooms and bathrooms does 137 Lakeshore Dr have?
137 Lakeshore Dr has 4 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a detached home in Madawaska Valley.
How much would the monthly mortgage be on 137 Lakeshore Dr?
About $4,170 a month — principal and interest on $848,800 with 20% down ($169,760), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 137 Lakeshore Dr compare with other homes in Madawaska Valley?
Its asking price of $848,800 is about 94% above the median sold price in Madawaska Valley over the last 90 days, $437,500, across 30 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 137 Lakeshore Dr been sold before?
Summitly has no earlier MLS® sale or lease of 137 Lakeshore Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 137 Lakeshore Dr?
137 Lakeshore Dr is in Madawaska Valley, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 137 Lakeshore Dr been on the market?
62 days — 137 Lakeshore Dr was listed on September 9, 2026.
What is the price per square foot of 137 Lakeshore Dr?
About $424 to $566 per square foot: the asking price of $848,800 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 137 Lakeshore Dr have parking or a garage?
Yes — the listing gives 10 parking spaces.
Does 137 Lakeshore Dr have a basement, and is it finished?
The listing says 137 Lakeshore Dr has no basement.
