Welcome to this remarkable Backsplit 3 detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $799,000 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.
Enjoy 160 feet of frontage on beautiful Ahmic Lake in Magnetawan, with approximately 40 miles of boating accessible right from your own dock. This unique offering includes two half-acre lots. One waterfront lot and a second lot featuring a 3-bedroom, 1.5-bathroom year-round home. The home offers comfortable living space with decks at both the front and rear, providing plenty of room to relax and enjoy the outdoors. The spacious rear deck includes a gazebo, creating an ideal setting for entertaining, dining or simply taking in the peaceful surroundings. The home is heated primarily by a newer propane forced-air furnace and features convenient on-demand hot water. The basement has a ground-level entrance and offers excellent potential to be finished into additional living space, providing an opportunity to further customize the home to suit your needs. A detached two-car garage with a garage door opener provides ample room for vehicles, recreational toys or a workshop. An additional storage shed offers convenient space for lawn furniture, tools and other seasonal items. The home features attractive wood siding and a durable metal roof. While the interior would benefit from some updating, the property offers a solid foundation and plenty of potential for those looking to create their ideal waterfront retreat. Whether you're looking for a year-round residence, a seasonal getaway or a property with room to grow, this is an excellent opportunity to enjoy the boating, recreation and natural beauty that the Magnetawan and Ahmic Lake area have to offer.
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This detached home located at 109 Patrick Street, Magnetawan is currently for sale and has been available on SousaSells for 0 days. This property is listed at $799,000 with an estimated mortgage of $2,660* per month. It has 3 beds, 2 bathrooms, and is 1500-2000 square feet. 109 Patrick Street, Magnetawan is in the Magnetawan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Magnetawan, Magnetawan.
Families, couples, or downsizers looking for a well-proportioned home in Magnetawan.
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The current listing price for 109 Patrick Street, Magnetawan, ON in Magnetawan, Magnetawan is $799,000.
This property features 3 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.
109 Patrick Street, Magnetawan, ON is a Detached (Backsplit 3) featuring a Separate Entrance, Development Potential basement.
Key property features include: Rec./Commun.Centre, School, Sloping, Waterfront, Wooded/Treed, Marina.
Interior highlights include: Auto Garage Door Remote, Water Heater Owned, Workbench, Sump Pump, Storage, Propane Tank, On Demand Water Heater.
Security features include: Carbon Monoxide Detectors, Smoke Detector.
Yes, this property offers parking space for 10.0 vehicles (Detached).
Heating is provided via Electric and cooling via None.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 109 Patrick Street, Magnetawan, ON P0A 1P0
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Magnetawan.
About Purchasing a Home in Magnetawan, ON
For a property listed at $799,000 in Magnetawan, the legal minimum down payment is $54,900 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 $12,455 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 $12,455.
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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.