Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium hardboard construction, this residence presents an exceptional opportunity offered at $1,199,000 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.
Located on the shores of desirable Horn Lake, within a short drive of the village of Burks Falls, this spacious home offers a fresh slate ready for your own personal ideas and design to make this the perfect lakeside home or cottage. As you step inside, a Muskoka room immediately welcomes you offering a place to hang your hat and perhaps a lovely seating area for morning coffee. Custom trim, cabinetry and doors are prominent throughout this beautiful home. High ceilings complement a generous living area featuring a wood stove, and a walk out onto a large deck spanning the entire length of the home. Entering the kitchen/dinning area you will notice the custom cabinetry with ample storage, the adjoining pantry, the walk out to the deck and lots of space for meals with family and friends.The large primary bedroom not only takes advantage of the lake views with an additional walk out to the deck but also has a 3 pc ensuite as well as a walk in closet. There is a second bedroom and an office situated on the main level as well as a central 3 pc bathroom with a hybrid walk in tub.The lower level offers a billiards room and a media room, both with walk outs plus a 3rd bedroom. A 3 pc bathroom is strategically located by an entrance from the patio leading down to the waterfront. Laundry, storage and utility rooms are located on the lower level.Other features include in floor radiant heat throughout, a heated 2 car garage, steel shake roof and Generac power backup.
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Wooded/Treed, Lake/Pond, Waterfront
Ventilation System, Water Heater Owned, Water Purifier, Generator - Partial
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1889 South Horn Lake Road, 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 $1,199,000 in Magnetawan, the legal minimum down payment is $239,800 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 $20,455 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 $20,455.
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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.