287 Pine Road, Magnetawan, ON

$599,000
MLS#:X13505902
3 beds
1 baths
700-1100 sqft
2.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $599,000 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.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 700-1100 sqft on a premium 102.83 x 214.56 ft lot
  • 2.0 total parking spaces available
  • Notable attributes: Other
  • equipped with window unit(s) central cooling and highly efficient other heating via propane

Description

Welcome to your perfect waterfront escape on one of Ontario's most enjoyable interconnected lake systems. Offering 100 feet of pristine west-facing shoreline, this charming cottage enjoys breathtaking sunset views, a gentle lot, and shallow water entry-ideal for families with young children, grandchildren, or those seeking easy access to the waterfront. An exceptional entry into waterfront ownership, this inviting retreat is designed for making memories. The expansive 24' x 34' lakeside deck provides the perfect setting to entertain family and friends or simply relax while taking in spectacular summer sunsets over the water. Whether you're swimming, fishing, boating, or unwinding by the shoreline, this property offers the quintessential cottage lifestyle. Enjoy endless days exploring by boat along this remarkable chain of navigable lakes-from Crawford Lake through Beaver and Ahmic Lakes, continuing through the historic locks at Magnetawan to Lake Cecebe, Goose Lake, and along the scenic Magnetawan River to the Town of Burk's Falls. Additional features include a 100-watt Honeywell generator for added peace of mind, a new electrical sub panel in 2024, a septic system replaced in 2016, 15 helical pile foundation with cross beam reinforcements in 2024 with foam insulation spray underneath, re-shingled roof in 2025, and affordable annual private road fees of just $230. Located only three hours north of Toronto, this exceptional waterfront property offers private year round road access, excellent swimming and fishing, and endless boating opportunities on one of the region's most desirable recreational waterways. Some images may be digitally staged.

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
700-1100 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date6/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow-Raised
ConstructionVinyl Siding
BasementNone
Lot Size102.83 × 214.56 Feet
CountyParry Sound
Annual Tax$2,459.93
Legal DescriptionPCL 13469 SEC SS; LT 3 PL M291 T/W PT 1 & 2, PSR511 AS IN LT65919; MAGNETAWAN

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeOther
CoolingWindow Unit(s)

Features

Property Features

Interior Features

Other

Security Features

Community Features

Location

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287 Pine Road, Magnetawan, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 287 Pine Road, Magnetawan, ON P0A 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Magnetawan.

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Interest Rate5.25%
Down Payment$34,900 (5.8%)
* Minimum Canadian down payment required for this price is $34,900.
Amortization Period25 Years
Estimated Monthly Payment$3,362Based on a loan of $564,100 over 25 years.
Purchase Price$599,000
Loan Amount$564,100
Provincial Land Transfer Tax:$8,455
Total Estimated Closing Taxes:$8,455

About Purchasing a Home in Magnetawan, ON

For a property listed at $599,000 in Magnetawan, the legal minimum down payment is $34,900 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 $8,455 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 $8,455.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Magnetawan, Magnetawan.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$970,719

People & Families

Age Distribution

Household Composition

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

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.