237 Tower Rd is a land in Madoc, listed for $199,900.
1237 Tower Road offers a 1.043 acre building lot with absolute privacy, yet only minutes north of Madoc, cornering on 62.
2This estate lot offers two elevations, for your home and shop dreams.
3Easily accessible higher elevation is ideal for your dream home overlooking the forests and lake nearby, while the lower elevation has plenty of space for your shop or garage.
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Lots & Land in Madoc
About 237 Tower Road
237 Tower Road offers a 1.043 acre building lot with absolute privacy, yet only minutes north of Madoc, cornering on 62. This estate lot offers two elevations, for your home and shop dreams. Easily accessible higher elevation is ideal for your dream home overlooking the forests and lake nearby, while the lower elevation has plenty of space for your shop or garage. Rock breaking and excavation for the planned crawlspace is included in the price or come with your own design.
Madoc land priced at $199,900 — book a tour to see if it fits your search.
Inside 237 Tower Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
1.043
Listing & possession
Property class
Vacant Land
237 Tower Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14092974$199,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 237 Tower Rd Compares to the Madoc Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$982
/mo
based on the purchase price of $199,900
$39,980 cash
$159,920 financed
$134,695 total interest
Principal54%$159,920
Interest46%$134,695
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market59Homes sold in about 59 days on average.
Sale-to-list ratio94.1%On average, homes sold below asking.
Active listings41Homes for sale here right now.
Median vs prior 90 days−7.8%Compared with Apr 25 – Jul 24, 2026: prices down.
Based on 18 sales from Jul 24 – Oct 22, 2026 (15 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 237 Tower Rd
How much is 237 Tower Rd listed for?
237 Tower Rd is listed at $199,900 (MLS® X14092974). Summitly updates the price as soon as the MLS® record changes.
Has the price of 237 Tower Rd changed?
No — 237 Tower Rd is still listed at its original asking price of $199,900.
How many bedrooms and bathrooms does 237 Tower Rd have?
The listing for 237 Tower Rd doesn't publish its bedroom and bathroom count. It is a lot in Madoc.
How much would the monthly mortgage be on 237 Tower Rd?
About $982 a month — principal and interest on $199,900 with 20% down ($39,980), 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 237 Tower Rd compare with other homes in Madoc?
Its asking price of $199,900 is about 55% below the median sold price in Madoc over the last 90 days, $442,750, across 18 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 237 Tower Rd been sold before?
Summitly has no earlier MLS® sale or lease of 237 Tower Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 237 Tower Rd?
237 Tower Rd is in Madoc, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 237 Tower Rd been on the market?
3 days — 237 Tower Rd was listed on October 19, 2026.
What is the lot size of 237 Tower Rd?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 237 Tower Rd?
About $1,724 in Ontario land transfer tax at the asking price of $199,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 237 Tower Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 237 Tower Rd?
The listing for 237 Tower Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Madoc.
