26 Spruce Lane, Magnetawan, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $495,000 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.
- 4 Bedrooms and 1 Bathroom
- Generous living space spanning < 700 sqft on a premium 151.09 x 112.32 ft lot
- 4.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor
- Efficient forced air heating via propane
Description
Whalley Lake : Ideal Starter or Investment Cottage well maintained and being sold with many extras! Privately maintained road , from year road East Whalley Lake road , to level lot, with gentle slope to waterfront. Cottage features 3 bedrooms, spacious sitting area, small prep kitchen, and indoor bathroom. Large sunroom, and spacious decking overlooking the waterfront. Propane stove to take the chill off cooler days.. Mostly newly renovated bunkie offers sweet accommodation for additional family/guests. Outdoor privy and garden shed. Established firepit. Come see - prepare for new memory making in 2026 !!
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Clear View, Part Cleared, Waterfront
Interior Features
Primary Bedroom - Main Floor
Security Features
Community Features
Location
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 26 Spruce Lane, Magnetawan, ON P0A 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Magnetawan, ON
For a property listed at $495,000 in Magnetawan, the legal minimum down payment is $24,750 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 $6,375 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 $6,375.
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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.