827 Nipissing Road, Magnetawan, ON
Property Highlights
Welcome to this remarkable vacant land located in the coveted neighborhood of Magnetawan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,000 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 1100-1500 sqft on a premium 1264 x 1948 ft lot
Description
Fifty-five acres of forested land with the driveway already in. The real story here is the severance potential. The lot is already naturally divided by the road, and one residential lot was severed in the early 1990s. With some work and cooperation from the township, the potential to create three lots is there. Whether you want to keep the full 55 acres for yourself, sever and sell off parcels to offset your cost, or bring family onto adjacent lots, there are a lot of options with this property. The RU zoning is flexible. On the residential side, you're looking at detached homes, duplexes, semi-detached dwellings, or even a bed and breakfast. If you're more interested in working the land, farming, logging, riding schools, boarding stables, and kennels are all permitted. Hunt camps are also allowed. It's the kind of zoning that lets you do something with your property, not just sit on it. Fifty-five acres of bush with a driveway and the flexibility to build, sever, farm, or run a business from the land. If you've been looking for acreage with options, this one has them.
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Property Summary
This vacant land located at 827 Nipissing Road, Magnetawan is currently for sale and has been available on SousaSells for 5 days. This property is listed at $149,000 with an estimated mortgage of $496* per month. It has 0 beds, 0 bathrooms, and is 1100-1500 square feet. 827 Nipissing Road, Magnetawan is in the Magnetawan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Magnetawan, Magnetawan.
- •1100-1500 sqft of generous functional square footage
- •Desirable Vacant Land architecture in Magnetawan, Magnetawan
First-time home buyers, professionals, or investors seeking value.
Key Features
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Frequently Asked Questions about 827 Nipissing Road, Magnetawan, ON
Q.What is the asking price for 827 Nipissing Road, Magnetawan, ON ?
The current listing price for 827 Nipissing Road, Magnetawan, ON in Magnetawan, Magnetawan is $149,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 0 bedrooms and 0 bathrooms across approximately 1100-1500 sqft.
Q.What property type and architectural style is 827 Nipissing Road, Magnetawan, ON ?
827 Nipissing Road, Magnetawan, ON is a Vacant Land () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via .
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Pricing & Value Insights
Data-driven valuation for 827 Nipissing Road N, Magnetawan, ON P0A 1X0
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About Purchasing a Home in Magnetawan, ON
For a property listed at $149,000 in Magnetawan, the legal minimum down payment is $7,450 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 $1,215 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 $1,215.
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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.