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.
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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Beach, Golf, Lake/Pond, School Bus Route, Skiing, School
Water Heater Owned
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 112 510 Highway, Magnetawan, ON P0A 1P0
Based on 0 recent similar sales in the pocket.
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 $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.
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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.