0 Bay Street, Magnetawan, ON
Property no longer active
This property was sold on August 3, 2026. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Magnetawan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $65,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 103.58 x 233.94 ft lot size
Description
Building lot right in the heart of Magnetawan, with 103 feet of frontage and 233 feet of depth. Walking distance to the post office, primary school, LCBO, the beach and park, Grill & Grocery, Home Hardware, the library, and the community centre. Everything you need is close, and you get to build exactly what you want. The zoning here gives you flexibility. Build a single family home, or maybe a duplex if rental income is part of your plan. You could even do a bed and breakfast if your heart desired. The zoning also allows for an additional detached dwelling unit on the property - a bunkie for teenagers who need their own space, or in-laws who want theirs. The Village of Magnetawan is lovely to work with - give them a call before you put plans into motion to make sure everything lines up and your dreams can become a reality. Whether you're building a family home, planning a home-based business, or looking at the income potential of a second unit, this lot supports it. If you've been thinking about building in a walkable small town, this is a solid place to start.
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Property Summary
This vacant land located at 0 Bay Street, Magnetawan is currently for sale and has been available on SousaSells for 5 days. This property is listed at $65,000 with an estimated mortgage of $216* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 Bay Street, Magnetawan is in the Magnetawan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Magnetawan, Magnetawan.
- •Desirable Vacant Land architecture in Magnetawan, Magnetawan
First-time home buyers, professionals, or investors seeking value.
Key Features
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Property Details
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Features
Property Features
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Interior Features
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Community Features
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Frequently Asked Questions about 0 Bay Street, Magnetawan, ON
Q.What is the asking price for 0 Bay Street, Magnetawan, ON ?
The current listing price for 0 Bay Street, Magnetawan, ON in Magnetawan, Magnetawan is $65,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms.
Q.What property type and architectural style is 0 Bay Street, Magnetawan, ON ?
0 Bay Street, Magnetawan, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
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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 $65,000 in Magnetawan, the legal minimum down payment is $3,250 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 $375 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 $375.
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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.