51 Major Lake Rd is a 3-bedroom, 1-bathroom detached home in South Algonquin, listed for $199,900. It has 700-1100 sq ft of living space.
1Inside, you will find a warm and inviting open concept kitchen and living room with propane stove, ideal for gathering with family and friends or perfect for relaxing after a day of exploring.
2Off of the open concept kitchen/living space are 3 bedrooms and a 3 pc bathroom.
3Enjoy your spacious backyard, barbeques on the deck and planning your next adventure.
This quaint 3-bedroom home, nestled in the heart of Madawaska, is an outdoor lovers dream! With direct access to snowmobile and ATV trails right across the road, adventure is always at your doorstep. Just steps away from the recreation center, boat launch with access to Bark Lake and surrounded by scenic trails and vast crown land, this home or getaway retreat offers the perfect balance of tranquility and adventure. Inside, you will find a warm and inviting open concept kitchen and living room with propane stove, ideal for gathering with family and friends or perfect for relaxing after a day of exploring. Off of the open concept kitchen/living space are 3 bedrooms and a 3 pc bathroom. Enjoy your spacious backyard, barbeques on the deck and planning your next adventure. Whether you are seeking a year-round home or a weekend retreat, this property is a rare gem. Algonquin Park is just 20 minutes away, adding to the endless outdoor experiences this property, and area have to offer.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $286 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 51 Major Lake Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow
Living space
700-1100 sq ftas stated on the listing
Parking
3 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
3
Interior
Basement
None
Lot & land
Lot size (sqft)
0.47
Listing & possession
Property style
Bungalow
Property class
Detached
51 Major Lake Rd 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
$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.
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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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Keep looking near 51 Major Lake Rd
Homes for sale in South Algonquin
Every active South Algonquin MLS® listing, updated all day.
Average days on market54Homes sold in about 54 days on average.
Sale-to-list ratio95.2%On average, homes sold below asking.
Active listings22Homes for sale here right now.
Median vs prior 90 days+16.7%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 11 sales from Jul 24 – Oct 22, 2026 (6 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 51 Major Lake Rd
How much is 51 Major Lake Rd listed for?
51 Major Lake Rd is listed at $199,900 (MLS® X12999754). Summitly updates the price as soon as the MLS® record changes.
Is $199,900 a good price for 51 Major Lake Rd?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in South Algonquin. 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 51 Major Lake Rd changed?
Yes — it was first listed at $224,900 and is now $199,900, a drop of $25,000 (11.1%).
How many bedrooms and bathrooms does 51 Major Lake Rd have?
51 Major Lake Rd has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in South Algonquin.
How much would the monthly mortgage be on 51 Major Lake 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 51 Major Lake Rd compare with other homes in South Algonquin?
Its asking price of $199,900 is about 59% below the median sold price in South Algonquin over the last 90 days, $490,000, across 11 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 51 Major Lake Rd been sold before?
Summitly has no earlier MLS® sale or lease of 51 Major Lake Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 51 Major Lake Rd?
51 Major Lake Rd is in South Algonquin, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 51 Major Lake Rd been on the market?
190 days — 51 Major Lake Rd was listed on April 15, 2026.
What is the price per square foot of 51 Major Lake Rd?
About $182 to $286 per square foot: the asking price of $199,900 over the 700–1,100 sq ft the listing gives as its size range.
Does 51 Major Lake Rd have parking or a garage?
Yes — the listing gives 3 parking spaces.
Does 51 Major Lake Rd have a basement, and is it finished?
The listing says 51 Major Lake Rd has no basement.
