56 South Sparks Street, Magnetawan, ON
Property no longer active
This property was sold on June 13, 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 vinyl siding construction, this residence presents an exceptional opportunity offered at $449,000 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 132 x 166.39 ft lot
- Features a full, walk-up basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Generator - Partial, Primary Bedroom - Main Floor, Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via oil
Description
Welcome to 56 South Sparks Street, a clean, updated three-bedroom bungalow that checks all the boxes for layout, comfort and location. Bright and functional the open-concept living and dining area flows into a refreshed kitchen with a peninsula island, barstool seating and a seamless walkout to the rear deck, perfect for easy everyday living and effortless entertaining. Downstairs the finished lower level expands your living space with a cozy family room featuring a woodstove, a second full bath, laundry and smart storage throughout. Outside the level lot offers low-maintenance outdoor living just steps from town amenities. Set in the heart of Magnetawan this home puts you within walking distance of local shops, schools, the river and everything this charming village has to offer. Whether you're seeking a year-round residence or a weekend-ready escape this turnkey property delivers the best of small-town life in one of the Almaguin Highlands most desirable pockets. Updated, immaculate and move-in ready this one's the real deal.
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Property Summary
This detached home located at 56 South Sparks Street, Magnetawan is currently for sale and has been available on SousaSells for 421 days. This property is listed at $449,000 with an estimated mortgage of $1,495* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 56 South Sparks Street, 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
Place Of Worship, School Bus Route
Interior Features
Generator - Partial, Primary Bedroom - Main Floor, Water Heater Owned
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
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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 56 South Sparks Street, 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 $449,000 in Magnetawan, the legal minimum down payment is $22,450 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 $5,455 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 $5,455.
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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.