2889 Ahmic Lake Road, Magnetawan, ON

$2,998,000
MLS#:X13603872
7 beds
4 baths
5000 + sqft
24.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Log detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium log construction, this residence presents an exceptional opportunity offered at $2,998,000 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.

  • 7 Bedrooms and 4 Bathrooms
  • Generous living space spanning 5000 + sqft on a spacious lot (Feet)
  • Features a finished with walk-out, separate entrance, finished 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: Bar Fridge, Central Vacuum, Countertop Range
  • Efficient forced air heating via propane

Description

Set on an extraordinary 18-acre waterfront property with more than 1,600 feet of shoreline, 2889 Ahmic Lake Road offers a rare opportunity to experience complete privacy on the tranquil shores of Old Man's Lake. Surrounded by mature forest and breathtaking natural beauty, this custom timber log home is an exceptional year-round residence or luxury recreational retreat. Spanning over 5,000 square feet of finished living space, the home features 4+3 bedrooms and 4 bathrooms, thoughtfully designed to accommodate family gatherings, overnight guests, and effortless entertaining. Warm cherry hardwood floors extend throughout the main level, while the custom ribbon mahogany kitchen anchors the home with timeless craftsmanship, generous workspace, and exceptional functionality. Expansive windows frame picturesque lake views from throughout the home, creating a seamless connection to the surrounding landscape. Outside, enjoy direct waterfront access, a private boat launch, and endless opportunities for boating, paddling, fishing, and exploring the peaceful waters of Old Man's Lake. Designed with both practicality and recreation in mind, the property offers two attached garages-one at the front of the home and a second at the rear-providing outstanding space for vehicles, boats, ATVs, recreational equipment, or a workshop. Combining handcrafted quality, unmatched privacy, and an exceptional waterfront setting, this one-of-a-kind estate is accessed by a year-round municipally maintained road, offering the perfect balance of luxury, comfort, and the beauty of Northern Ontario living.

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Property Summary

This detached home located at 2889 Ahmic Lake Road, Magnetawan is currently for sale and has been available on SousaSells for 3 days. This property is listed at $2,998,000 with an estimated mortgage of $9,979* per month. It has 7 beds, 4 bathrooms, and is 5000 + square feet. 2889 Ahmic Lake Road, Magnetawan is in the Magnetawan neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
7
Bathrooms
4
Kitchens
1
Living Area
5000 + sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date7/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleLog
ConstructionLog
BasementFinished with Walk-Out, Separate Entrance, Finished
CountyParry Sound
Annual Tax$9,378
Legal DescriptionPT LT 5 CON 1 CROFT AS IN RO215752; MAGNETAWAN

Parking & Garage

Parking Total24.0
Parking Space20
Garage TypeAttached

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
CoolingNone

Features

Property Features

Beach, Clear View, Lake Access, Level, Waterfront, Wooded/Treed

Interior Features

Bar Fridge, Central Vacuum, Countertop Range, ERV/HRV, Floor Drain, Generator - Full, Generator - Partial, Guest Accommodations, On Demand Water Heater, Primary Bedroom - Main Floor, Propane Tank, Separate Heating Controls, Sewage Pump, Storage, Suspended Ceilings, Upgraded Insulation, Ventilation System, Water Heater Owned, Water Purifier, Workbench

Security Features

Smoke Detector

Community Features

Location

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2889 Ahmic Lake 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 2889 Ahmic Lake 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.

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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 Rate4.00%
Down Payment$899,400 (30.0%)
* Minimum Canadian down payment required for this price is $599,600.
Amortization Period30 Years
Estimated Monthly Payment$9,979Based on a loan of $2,098,600 over 30 years.
Purchase Price$2,998,000
Loan Amount$2,098,600
Provincial Land Transfer Tax:$61,425
Total Estimated Closing Taxes:$61,425

About Purchasing a Home in Magnetawan, ON

For a property listed at $2,998,000 in Magnetawan, the legal minimum down payment is $599,600 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 $61,425 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 $61,425.

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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$721,310

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

Magnetawan Central PS
Public
4.2

Secondary Schools

No secondary schools data loaded.

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.