Welcome to this remarkable Unknown vacant land located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $49,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Located in the heart of Magnetawan and across the street from the public school, you'll find this existing village lot where once stood a family home. A short walk to Algonquin Fine Foods for fruit, veggies and more. Within walking distance to post office, hardware store, LCBO, restaurant, the Aurora pizza place and historic site of Magnetawan Locks!. Magnetawan is a vibrant busy little community no matter the season. Buyer to do own due diligence, with the town, as to type and size of dwelling they wish to build.
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This vacant land located at 0 SOUTH SPARKS Street, Magnetawan is currently for sale and has been available on SousaSells for 768 days. This property is listed at $49,999 with an estimated mortgage of $166* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 SOUTH SPARKS Street, Magnetawan is in the Magnetawan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Unknown
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 0 SOUTH SPARKS Street, Magnetawan, ON P0A 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Magnetawan.
About Purchasing a Home in Magnetawan, ON
For a property listed at $49,999 in Magnetawan, the legal minimum down payment is $2,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $250 for this transaction. As this listing is in Magnetawan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $250.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.