288 River Road, Magnetawan, ON
Property no longer active
This property was sold on November 6, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $309,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 1500-2000 sqft on a premium 238.31 x 165 ft lot
- Features a separate entrance, unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 10.0 total parking spaces available
- Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Storage
- Efficient forced air heating via propane
Description
SPACIOUS 1786 SQ. FT 3 BEDROOM + DEN OPEN-CONCEPT BUNGALOW IDEALLY LOCATED ON A PRIVATE 1 ACRE TREED LOT ABUTTING THE DISTRESS RIVER FOR FISHING AND CANOEING OR KAYAKING THIS IS NOT WATERFRONT BUT IS A STONE'S THROW AWAY. PRIVATE COTTAGE/RETREAT OR YEAR ROUND 4 SEASON HOME WITH A SCREENED IN SUNROOM IN A QUIET RURAL SETTING. MUNICIPAL YEAR ROUND ROAD. PROPERTY IS PART OF AN ESTATE SALE. ONE OWNER HAS PASSED. SELLERS HAVE NOT LIVED IN THE PROPERTY SO IS BEING SOLD IN "AS IS" "WHERE IS" CONDITION WITH NO RPRESENTATIONS OR WARRANTIES. QUICK CLOSING AVAILABLE. FORCED AIR PROPANE FURNACE (2017), HOT WATER TANK (2017), WOODSTOVE (2015), FENCED DOG RUN AREA OFF BACK PORCH (2015), 2 DOUBLE PANE WINDOWS (2016), METAL ROOF, DRILLED WELL (2014). MAIN FLOOR LAUNDRY. WHITE FRIDGE, BLACK STOVE, WHITE WASHER AND WHITE DRYER + ONE FREEZER + B/I DISHWASHER INCLUDED. CIRCULAR DRIVEWAY IDEAL FOR TRAILER, BOATS AND SNOWMOBILES. GREAT ROOM MEASURES 38' x 11'8" FOR ENTERTAINING. MAIN BATHROOM HAS SEPARATE STAND UP SHOWER AND WHIRLPOOL TUB. 5 MINUTES TO VILLAGE OF MAGNETAWAN FOR WEEKEND FARMER'S MARKET, BAIT AND TACKLE, RESTAURANT, PUBLIC SCHOOL. BOAT LAUNCH INTO LAKE CECEBE & AHMIC LAKE. LCBO PLUS HOME HARDWARE, PARK AND MARINA ARE ALSO IN MAGNETAWAN. 15 MINUTES TO SUNDRIDGE FOR SHOPPING, RESTAURANTS, BOAT LAUNCH TO LAKE BERNARD, ROYAL BANK AND HOME HARDWARE. 4 SEASON RECREATIONAL AREA WITH LOTS OF FUN FOR THE WHOLE FAMILY! FIBER OPTICS INSTALLED AT THE ROAD TO BE CONNECTED IN THE NEAR FUTURE. LIVE WHERE YOU PLAY!
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Property Summary
This detached home located at 288 River Road, Magnetawan is currently for sale and has been available on SousaSells for 378 days. This property is listed at $309,900 with an estimated mortgage of $1,032* per month. It has 3 beds, 1 bathroom, and is 1500-2000 square feet. 288 River Road, Magnetawan is in the Magnetawan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Beach, Electric Car Charger, Lake Access, Marina, Rec./Commun.Centre, School
Interior Features
Primary Bedroom - Main Floor, Propane Tank, Storage, Water Heater Owned, Sump Pump
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 288 River Road, Magnetawan, ON P0A 1P0
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 $309,900 in Magnetawan, the legal minimum down payment is $15,495 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 $3,124 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 $3,124.
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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.