Spence

Your comprehensive guide to Spence, Magnetawan, Ontario

Neighbourhood Vibe

Family & Community Centric

Safe, friendly streets lined with mature trees and parks.

Property Pulse

$109,000 Avg List

Solid inventory of detached family houses and townhomes.

Community Canvas

6,202,225 Residents

Rich tapestry of families, kids under 10, and professionals.

What You'll Love

Parks & Schools

High academic rankings and beautiful outdoor spaces.

Local Active Listings

Browse active properties for sale in this area.

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$59,000
0bd
0ba
Residential Freehold

0 Dauncey Road, Magnetawan

1.37 acre building lot down located on a year round municipal road. Enjoy great privacy on your well...

MLS#: X13231862
For Sale
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$159,000
0bd
0ba
Residential Freehold

0 Ahmic Lake Road, Magnetawan

10 acre well treed private building lot In Magnetawan Municipality. Located on a four season municip...

MLS#: X13231888
For Sale
Home Buyer Edge

Benefits of Browsing Just Listed Properties in Spence, Magnetawan

When searching for a home in Magnetawan, timing is everything. Accessing fresh MLS® listings the moment they hit the market gives home buyers a critical competitive advantage in Ontario's fast-moving real estate market.

First-Mover Advantage

Be the first to view new listings in Magnetawan within minutes of MLS® publication before competing buyers schedule viewings.

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Motivated Sellers

Newly listed sellers are eager to receive serious offers and negotiate terms before setting offer dates.

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Avoid Multiple Offers

Early inquiries allow proactive buyers to submit strong pre-emptive offers before bidding wars escalate prices.

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Accurate Price Valuation

Compare initial asking prices against recent Magnetawan sold data to spot underpriced gems immediately.

Region Overview

Explore Spence

Spence in Magnetawan, Ontario, is a truly special place offering a unique blend of rural tranquility and convenient access to amenities. This charming hamlet, nestled along the scenic Madawaska River, boasts a strong sense of community and a relaxed pace of life, perfect for those seeking an escape from the hustle and bustle of city living. Residents often describe the vibe as friendly, close-knit, and welcoming – a genuine community where neighbors know each other and support local initiatives. While not a bustling metropolis, Spence offers surprisingly good connectivity; you’ll find a limited, but reliable, bus service connecting to larger towns like Perth and Bancroft, making it possible to reach bigger shopping centers and hospitals. Housing options range from quaint cottages and historic farmhouses to newer, well-maintained homes – many with stunning river views. Expect to find a mix of detached properties, some with acreage, reflecting the area’s strong connection to the land. If you’re considering a move to Ontario, or a change of scenery, Spence is definitely worth exploring. It's a prime location for outdoor enthusiasts and those who appreciate the beauty of the Canadian Shield. Searching for ‘Magnetawan real estate,’ ‘cottage country Ontario,’ or ‘rural living Ontario’ will typically lead you to this idyllic region – and Spence specifically. This area is frequently highlighted as a great choice for families, retirees, and those looking for a slow-paced lifestyle close to nature.

💡 Insider Tips & Hidden Gems

Okay, so you’re thinking about making Spence your home? Fantastic choice! Beyond the obvious beauty of the Madawaska River, here are a few local secrets:

  • The Algonquin Hideout: Just a short drive from Spence, this cozy pub in Algonquin Park is a local favorite – known for its live music and hearty pub fare. It’s where locals unwind after a day on the water.
  • Old Town Café: Don’t miss this quaint café in Magnetawan village – they make the *best* maple syrup pancakes in the area! It's a great spot for breakfast or a quick treat.
  • Hidden Trails: While many trails are marked, a few of the best fishing and hiking spots require a bit of exploration. Ask the locals at the general store – they’re always happy to share their favorite hidden gems.
  • Farmers Market (Saturdays): Magnetawan’s Farmers Market is a must-visit. You’ll find fresh produce, local crafts, and a true taste of the region.
  • Stargazing: With minimal light pollution, Spence offers incredible stargazing opportunities, especially during the summer months. Head out to the riverbank for a spectacular view. Finally, be sure to check out the local community events – there’s always something happening in Spence and Magnetawan!
Market Stats & Trends

Home Prices & Values in Magnetawan

The asking price of homes for sale in Magnetawan has decreased 5.72% since last year, while the number of homes for sale has decreased 2.2%. See more Magnetawan Home Prices & Values.

House
Median Asking Price
$1.2M
Townhouse
Median Asking Price
$822K
Condo
Median Asking Price
$586K

Find Real Estate & MLS® Listings in Magnetawan

SousaSells.ca has the most thorough, up-to-date set of Magnetawan real estate listings. Currently, Magnetawan has 34 homes for sale, including 31 houses, 0 condos, and 0 townhouses listed for sale. The average price for all home types in Magnetawan is $875K, which is up 0.5% compared to last year.

Magnetawan is home to 3 unique neighbourhoods. With SousaSells.ca you'll be able to find the hottest Magnetawan neighbourhoods, the best schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Magnetawan to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

If you’re looking for rentals instead of properties for sale, SousaSells has a comprehensive set of 8 Magnetawan rental listings, including 2 houses and 5 apartments/condos for rent.

MLS® Listing data for Magnetawan is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Magnetawan real estate agents to get started on landing your dream home today.

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Median Age

The median age of residents in this area.

39.6 Yrs

Home Ownership

Percentage of owner-occupied households.

65% Owners

People & Families

Demographics, age distribution, household size and makeup.

Age Demographics (Detailed Ranges)

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%
Canadian7%

Local Schools

Ratings, ranking and classification of elementary and secondary schools.

Elementary Schools

Public
Rating:4.2

Magnetawan Central PS

FRASER RANK2556

Secondary Schools

No secondary schools data loaded for this city.

Homes & Housing

Ownership rates, home structure distributions and listing prices.

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Real Estate Pulse

AVERAGE LIST PRICE$109,000
ACTIVE LISTINGS2 Listed2 for sale