23 AHMIC LAKE Road, Magnetawan, ON

$645,000
MLS#:X10901408
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property Highlights

Welcome to this remarkable Unknown vacant land located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $645,000 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
  • Generous living space spanning < 700 sqft on a premium 4000 x 7001 ft lot
  • Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
  • 0.0 total parking spaces available with a convenient unknown configuration
  • Notable attributes: Unknown
  • equipped with unknown central cooling and highly efficient unknown heating via unknown

Description

186 ACRES of Beautiful Woodlands in Cottage Country (Algonquin Forest) near Ahmic Harbour on Ahmic Lake. Predominantly Lush Hardwood forests teaming with wildlife is a nature lover's Paradise. There are several meadows and creeks to be explored back further into the property. It has approximately 1,700' frontage on a year round paved municipal road opposite Cottage Estate Lots on Ahmic Lake. Hydro service at the road and excellent cell reception with high speed internet available. This is a very large private parcel which sits next to 100's of Acres of Crown Land. Ahmic Harbour Village is within a 5 minute walking distance giving access to the Famous Magnetawan River Navigation System, (40 mile waterway.) with Public Beach and docking near Crosswell Landing Marina. Development with severance potential also possible. Prime 4 season recreational area for Fishing, Hunting, Snowmobiling\ATV and Boating. Come and view this unique Property and start creating Family memories.

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Property Summary

This vacant land located at 23 AHMIC LAKE Road, Magnetawan is currently for sale and has been available on SousaSells for 764 days. This property is listed at $645,000 with an estimated mortgage of $2,147* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 23 AHMIC LAKE Road, Magnetawan is in the Magnetawan neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusPrice Change
Listed Date6/12/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Architectural StyleUnknown
ConstructionUnknown
BasementUnknown
Lot Size4000 × 7001 Acres
CountyParry Sound
Annual Tax$132.65
Legal DescriptionLT 24 CON 8 CROFT; PT LT 23 CON 8 CROFT AS IN RO139368; MAGNETAWAN

Parking & Garage

Parking Spaces0.0
Garage TypeUnknown

Heating & Cooling

Heat SourceUnknown
Heat TypeUnknown
CoolingUnknown

Features

Property Features

Hospital

Interior Features

Unknown

Security Features

Community Features

Location

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23 AHMIC LAKE Road, 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 23 AHMIC LAKE Road, Magnetawan, ON P0A 1A0

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 Rate4.00%
Down Payment$193,500 (30.0%)
* Minimum Canadian down payment required for this price is $39,500.
Amortization Period30 Years
Estimated Monthly Payment$2,147Based on a loan of $451,500 over 30 years.
Purchase Price$645,000
Loan Amount$451,500
Provincial Land Transfer Tax:$9,375
Total Estimated Closing Taxes:$9,375

About Purchasing a Home in Magnetawan, ON

For a property listed at $645,000 in Magnetawan, the legal minimum down payment is $39,500 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 $9,375 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 $9,375.

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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$721,310

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

Magnetawan Central PS
Public
4.2

Secondary Schools

No secondary schools data loaded.

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.