184 Chapman Drive, Magnetawan, ON
Property Highlights
Welcome to this remarkable [Bungaloft] duplex located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium [vinyl siding] construction, this residence presents an exceptional opportunity offered at $1,999,999 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.
- 20 Bedrooms and 10 Bathrooms with 9 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 232.67 x 993.18 ft lot
- Features a [unfinished] basement, adding superb versatility for recreation, a home gym, or extra storage
- 24.0 total parking spaces available with a convenient attached configuration
- Notable attributes: [Carpet Free, Primary Bedroom - Main Floor, Sauna]
- equipped with [central air] central cooling and highly efficient forced air heating via propane
Description
8 Awesome Cabins + 1 Gorgeous Main House! Come Live On The Beautiful Shores Of Lake Cecebe. This Business Runs @ 90% Occupancy During The Peak Months. Clients Come Back Year After Year. Revenue Approximately $300,000(Yr), With Opportunity To Expand. Current Owners Have Created An Incredible Marketing Platform & Easy To Manage Booking System That Makes This Turnkey For The Movie Investor (Seller's Willing Ton Consult, If Wanted) Cabins All Have Own Kitchen/Bath/Lakeview (2 X 3 Bd/1 Bath, 4 X 2 Bd/1 Bath, 1 X 1bd / 1 Bath, 1 X Bachelor) Main House Is Beautifully Renovated - Keep As Your Own Or Use It To Provide Rental Income. This Resort Has Over 200 Ft Of Sandy Waterfront On The Picturesque Shores Of Lake Cecebe. Endless Activities To Be Enjoyed With The Canoes, Kayaks, Paddle Boards And Pontoon Boats. There Is A Games Room Where Young And Old Can Enjoy Playing Table Tennis, Pool, Video Games And Much More. With A 2.2 Acre Lot Behind The Resort To Be Used For Storage, Parking Or Further Development To Provide Endless Possibilities. This Is A One-Of-A-Kind Turnkey Investment Opportunity.
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Property Summary
This duplex located at 184 Chapman Drive, Magnetawan is currently for sale and has been available on SousaSells for 10 days. This property is listed at $1,999,999 with an estimated mortgage of $6,657* per month. It has 20 beds, 10 bathrooms, and is 2000-2500 square feet. 184 Chapman Drive, Magnetawan is in the Magnetawan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 20 bedrooms and 10 bathrooms, this home offers ample space and comfort for growing families in Magnetawan, Magnetawan.
- •20 spacious bedroom layout offering versatile living space
- •10 well-appointed bathrooms
- •2000-2500 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Magnetawan, Magnetawan.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
- [Beach
- Lake Access
- Waterfront
- Clear View]
Interior Features
- [Carpet Free
- Primary Bedroom - Main Floor
- Sauna]
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 184 Chapman Drive, Magnetawan, ON
Q.What is the asking price for 184 Chapman Drive, Magnetawan, ON ?
The current listing price for 184 Chapman Drive, Magnetawan, ON in Magnetawan, Magnetawan is $1,999,999.
Q.How many bedrooms and bathrooms does this property have?
This property features 20 bedrooms and 10 bathrooms across approximately 2000-2500 sqft.
Q.What property type and architectural style is 184 Chapman Drive, Magnetawan, ON ?
184 Chapman Drive, Magnetawan, ON is a Duplex ([Bungaloft]) featuring a [Unfinished] basement.
Q.What key property features does 184 Chapman Drive, Magnetawan, ON offer?
Key property features include: [Beach, Lake Access, Waterfront, Clear View].
Q.What interior features are included in this home?
Interior highlights include: [Carpet Free, Primary Bedroom - Main Floor, Sauna].
Q.Is parking available at this property?
Yes, this property offers parking space for 24.0 vehicles (Attached).
Q.What heating and cooling systems are installed?
Heating is provided via Propane and cooling via [Central Air].
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Pricing & Value Insights
Data-driven valuation for 184 Chapman Drive, Magnetawan, ON P0A 1C0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Magnetawan, ON
For a property listed at $1,999,999 in Magnetawan, the legal minimum down payment is $400,000 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 $36,475 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 $36,475.
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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.