112 510 Highway, Magnetawan, ON

$399,900
MLS#:X12984808
2 beds
2 baths
1100-1500 sqft
9.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium concrete block and vinyl siding construction, this residence presents an exceptional opportunity offered at $399,900 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a premium 372 x 657.65 ft lot
  • 9.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: Water Heater Owned
  • Efficient other heating via electric

Description

Two bedroom, two bath starter home or off water cottage sitting on a beautiful 10+ acre, partially cleared parcel of land boasting pristine and quiet country living and a night sky filled with stars. This home is well set back from the road which is great for kids. Travel down the flat driveway lined with mature trees to a vast open space currently frequented by deer and other wildlife. This property offers a relaxed space with easy access to adventure including a nearby 40 mile waterway offering all day boating, fishing, and watersports as well as smaller, quieter lakes to experience the serenity of a canoe or kayak helping you relax after a long week. Multiple provincial parks nearby offer hiking or x-country skiing trails or take the kids and spend the day at the public beach nearby. This close knit community offers a two country stores for a quick restock of necessities and one of the best public schools in the area within walking distance. Lions Park, also within walking distance, offers public skating in the winter months and hosts the local smelt festival every spring. Ample room for an additional garage if desired. The open area on this property is perfect for a garden or for hosting family and friends and their campers or tents for the annual reunion. Set up a horseshoe pit and play a classic summer game while the bonfire crackles in the background and everyone waits until after the BBQ to cook s'mores or roast marshmallows on a warm summer evening. This property truly has tons of potential and awaits your vision! Home was renovated in the past with R20 insulation on the exterior walls and extra insulation in the ceiling.

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/10/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionConcrete Block, Vinyl Siding
BasementNone
Lot Size372 × 657.65 Feet
CountyParry Sound
Annual Tax$1,400
Legal DescriptionPT LT 98 CON B CHAPMAN PT 1 42R13613; MAGNETAWAN

Parking & Garage

Parking Spaces9.0
Garage Spaces8
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeOther
CoolingNone

Features

Property Features

Beach, Golf, Lake/Pond, School Bus Route, Skiing, School

Interior Features

Water Heater Owned

Security Features

Community Features

Location

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112 510 Highway, 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 112 510 Highway, 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.

Market Trend
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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 Rate5.25%
Down Payment$19,995 (5.0%)
* Minimum Canadian down payment required for this price is $19,995.
Amortization Period25 Years
Estimated Monthly Payment$2,264Based on a loan of $379,905 over 25 years.
Purchase Price$399,900
Loan Amount$379,905
Provincial Land Transfer Tax:$4,474
Total Estimated Closing Taxes:$4,474

About Purchasing a Home in Magnetawan, ON

For a property listed at $399,900 in Magnetawan, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.

Nearby Listings

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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$970,719

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

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Secondary Schools

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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.