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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 296 days

    5420 Centennial Lake Road

    Greater Madawaska·Griffith, ON·K0J 2R0·Near Matawachan Rd & Centennial Lake Rd

    • 9 beds
    Griffith real estate›X12392056
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Opportunity to purchase 3 cottages on 27.5 acres of beautiful waterfront on Centennial Lake near Calabogie. A two-minute boat ride from a boat launch nearby to your private retreat. The property can be accessed by ATV, snowmobile and 4X4 (permission required over private property). All cottages have wells and septic systems and two have beautiful fireplaces along with hydro, docks, water, and Bell Internet is available. Each cottage is fully equipped with 3 bedrooms and have basements for storage. Great hunting, fishing, walking trails, swimming and scenic boat rides.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • Opportunity to purchase 3 cottages on 27.5 acres of beautiful waterfront on Centennial Lake near Calabogie.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Sep 9, 2025ListedCurrentFor sale$950,000 —X12392056This page
    Jun 17, 2025Previously listedTer$999,900 —X12228090View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      5
      Heating
      Baseboard
      Air conditioning
      None
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 5420 Centennial Lake Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Lake Access
    • River/Stream
    • Sloping
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $4,667
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $340
    0.43% mill rate · ON
    The market

    How this home sits in the Griffith market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Griffith market right now

    Average sold price, days on market, and closed-transaction count for Griffith — sourced from MLS®.

    • Avg sold price
      $320,500
      Last 30 days
    • Median sold price
      $320,500
      Middle of the market
    • Days on market
      119 d
      Avg from list to close
    • Closed last 30d
      2
      MLS® transactions
    Full Griffith market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 5420 Centennial Lake Road — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5420 Centennial Lake Road and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 5420 Centennial Lake Road listed for?

      5420 Centennial Lake Road is listed at $950,000 on the MLS® (listing X12392056). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 5420 Centennial Lake Road have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. 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.

  1. 3 baths
  2. 2500-3000 sqft
  3. Detached
  4. 25-49.99 ac lot
  5. Asking
    $950,000
    $0 / sqft · MLS® X12392056
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $666,640
    $613,309Confidence range$719,971
    Asking vs estimate
    ↑↑well-above
    +$283,360
    (+42.5%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 9 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Griffith sell in about 119 days — this one has been listed 296 days.

    Avg sold price
    $320,500
    Median sold
    $320,500
    Avg days on market
    119
    Recently sold
    2
    See comparable sales
    A two-minute boat ride from a boat launch nearby to your private retreat.
  7. All cottages have wells and septic systems and two have beautiful fireplaces along with hydro, docks, water, and Bell Internet is available.
  8. Each cottage is fully equipped with 3 bedrooms and have basements for storage.
  9. Ask Zara a follow-up
    Well
    Sewer
    Septic
  10. Parking & garage

    3
    Garage
    None
    Parking spaces
    0
    Driveway
    None
  11. Interior

    6
    Basement
    Unfinished
    Family room
    N
    Kitchens
    3
    Total rooms
    18
    Elevator
    N
    Accessibility
    N
  12. Exterior & construction

    6
    Exterior
    Aluminum Siding, Stone
    Roof
    Asphalt Shingle
    Foundation
    Block, Piers
    View
    Beach, Forest, Panoramic, Trees/Woods, Water
    Waterfront
    Y
    Pool
    None
  13. Listing & possession

    3
    Occupancy
    Immediate
    Property style
    1 Storey/Apt
    Property class
    Detached
  14. Waterfront
  15. Wooded/Treed
  16. Combined estimate
    $5,007
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $4,667
    /mo
    based on the purchase price of $950,000
    $190,000 cash
    $760,000 financed
    $640,119 total interest
    Monthly payment$4,667/ month
    Principal54%$760,000
    Interest46%$640,119

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  17. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  18. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  19. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  20. Public listing courtesy of EXIT REALTY GROUP · displayed on Summitly per MLS® data-share rules

    5420 Centennial Lake Road is a 9-bedroom, 3-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  21. When was 5420 Centennial Lake Road built?

    The year built for 5420 Centennial Lake Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  22. What is the property tax for 5420 Centennial Lake Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 5420 Centennial Lake Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  23. How much would the monthly mortgage be on 5420 Centennial Lake Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $950,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  24. Has 5420 Centennial Lake Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 5420 Centennial Lake Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  25. What neighbourhood is 5420 Centennial Lake Road in?

    5420 Centennial Lake Road is in Greater Madawaska, Griffith. The 'Neighbourhood' section below links to the live Griffith real estate hub with average sold price, days on market, and current inventory.

  26. Is Griffith a good place to live?

    Griffith is one of ON's actively-tracked Summitly markets. The full Griffith real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.