3149 520 Highway, Magnetawan, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $1,190,000 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 200 x 956.25 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 9.5 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Storage
- Efficient forced air heating via propane
Description
Amazing southern exposure for this Lake Cecebe home or cottage with wide open lake views and a creek beside the property for extra privacy. Home features hardwood flooring and a wall of windows from main, open concept living area bright and ready for you to enjoy the amazing lake view. Primary bedroom features walkout to your own screened in Muskoka room as well as ensuite privileges to a large bathroom featuring a soaker jet tub with more lake views and a separate shower. Solid oak kitchen cabinetry and solid oak trim around the windows and doors boast pride of ownership throughout this beautiful waterfront property. Large pantry off the dining area. Main floor laundry and a second Muskoka room off the main living area is a great feature as well. Huge lakeside deck is great for entertaining and the home is well set off the road for much more privacy than you would expect. Oversized, insulated garage features two large separate workshop areas and rear access to a finished loft storage space or extra living space for overflow family and guests. All these features on a large, level, child friendly lot, with gently sloping, sand bottomed shoreline. This one is not going to be available for long.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Lake/Pond, Level, Library, Marina, Rec./Commun.Centre, Wooded/Treed
Interior Features
Primary Bedroom - Main Floor, Propane Tank, Storage, Water Heater Owned
Security Features
Community Features
Location
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 3149 520 Highway, Magnetawan, ON P0A 1P0
Based on 0 recent similar sales in the pocket.
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 $1,190,000 in Magnetawan, the legal minimum down payment is $238,000 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 $20,275 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 $20,275.
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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.