0 James Street, Magnetawan, ON
Property no longer active
This property was sold on May 22, 2025. 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 $50,000 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 130 x 333 ft lot size
- Notable attributes: None
Description
This 130ft x 333ft lot (0.99 Acres) offers a view of the Magnetawan River and is ideally located at the end of a quiet cul-de-sac on James Street. It backs onto the OFSC trail, making it perfect for outdoor enthusiasts.The charming town of Magnetawan provides a variety of amenities including an LCBO, Home Hardware Building Centre, Algonquin Fine Foods (grocery store), a Community Centre with an outdoor rink, Bait & Tackle shop, public beaches, boat launches, and numerous trails to explore.The Magnetawan River runs through the town, offering convenient access to over 40 miles of boating. It connects Ahmic Lake, Cecebe Lake, and Crawford Lake via the Magnetawan Locks. For further information, contact the listing agent. Offers welcome at anytime.
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Property Summary
This vacant land located at 0 James Street, Magnetawan is currently for sale and has been available on SousaSells for 535 days. This property is listed at $50,000 with an estimated mortgage of $166* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 0 James Street, Magnetawan is in the Magnetawan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 0 James Street, Magnetawan, ON P0A 1C0
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 $50,000 in Magnetawan, the legal minimum down payment is $2,500 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 $250 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 $250.
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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.