This property was sold on June 14, 2025. This listing is for reference purposes only. to view the sold price.
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 $249,000 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 in the charming village of Magnetawan, this property is full of promise and waiting for the right buyer to bring it back to life. Whether you're a handy homeowner looking for a project or an investor seeking a great opportunity, or a family with a vision, this home offers a strong starting point for your renovation vision in a prime location. Just steps from local shops, the LCBO, restaurants, pavillion and the Magnetawan Library, you'll enjoy the convenience of village living with everything close at hand. Magnetawan Centennial Park and the nearby public boat launch are also within easy walking distance, perfect for enjoying summer days by the water or launching your next adventure on the lake. For winter fun, snowmobile trails are close by, offering access to miles of scenic riding through the region. Plus, Magnetawan is home to the popular Drag in the Mag event, adding even more excitement to the area year-round. A detached workshop provides plenty of space for tools, projects, or storage and could easily double as a secure spot to park your ATV or sled. This home is looking for someone to restore and renovate to make it shine once again. Bring your creativity and transform this well-located property into something truly special.
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This detached home located at 51 Biddy Street, Magnetawan is currently for sale and has been available on SousaSells for 416 days. This property is listed at $249,000 with an estimated mortgage of $829* per month. It has 3 beds, 1 bathroom, and is 700-1100 square feet. 51 Biddy Street, Magnetawan is in the Magnetawan neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Beach, Campground, Library, Marina, Place Of Worship
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 51 Biddy Street, 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 $249,000 in Magnetawan, the legal minimum down payment is $12,450 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 $2,215 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 $2,215.
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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.