Was listed for:Expired Nov 30, 2024
$425,000

1274 Nelson Lake Road

Magnetawan (Spence), ON P0A 1P0

Detached House ExpiredNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 1274 Nelson Lake Road, Magnetawan, Spence

2024-07-15
2024-11-30
Expired
Price
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MLS#
x10895716

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 1274 Nelson Lake Road, Magnetawan, Spence

Welcome to rural living! This family home is nestled in a “swarm” of nature in a park-like setting. You are surrounded by mature trees and privacy. This home features 3 bedrooms, a 3-piece bathroom with a convenient walk-in shower, huge foyer perfect for office space, and 2 separate staircases down to your partially finished basement. The basement has high ceilings and a rec room. The roof was updated in 2019, new top of the line pellet stove in 2023, new siding and windows in 2023. The property offers lots of parking and outdoor storage. Relax in your hot tub surrounded by nature. For the outdoor enthusiast, this property is located amongst many lakes and trails. Enjoy snowmobiling on local trails. A nearby boat launch provides easy water access.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,677
Land Transfer Tax Fee
$4,975

Rental Items

Under Contract
None

Basement Type
Partially Finished, Full

Interior Features

Laundry Features
In Basement, Sink
Interior Extras
Water Heater Owned
View
Forest, Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Pellet Stove
Elevator
No

Exterior Features

Exterior Extras
Deck, Hot Tub, Privacy, Year Round Living
Pool
None

Building

Building Type
Detached
Building Style
Other
Approx Age
31-50

Construction

Exposure
West
Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block
Special Designation
Unknown

Lot

Lot Front
391.44 ft
Lot Depth
197.00 ft
Lot Size
1.437 ac
Lot Size Code
197 x 391.44

Inclusions

Inclusions
Fridge in basement. Big deep freezer in basement., Freezer, Refrigerator, Stove

Exclusions

Exclusions
Small freezer in basement. Pool table negotiable. Chair lift negotiable.

Parking & Garages

Garage Type
Unknown
Garage Spaces
2
Parking Spaces
8
Total Garage And Parking Spaces
10

Heating & Cooling

Heat Source
Oil
Heat Type
Forced Air
Air Conditioning
None
Sewers
Septic
Hydro
Yes

Bedrooms
3
Washrooms
1
Kitchens
1

Room sizes

  • Foyer—
    Main level
  • Other—
    Main level
  • Living Room—
    Main level
  • Bathroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Bedroom—
    Second level
  • Laundry—
    Basement level
  • Recreation—
    Basement level

Washrooms

  • 3-piece, Second

Municipality
Magnetawan
Neighbourhood
Spence
Main cross streets
Hwy 124 to Ahmic St. to Ahmic Lake Rd. to Sideroad 15 to Nelson Lake Rd.
Zoning
RR
Directions
Hwy 124 to Ahmic St. to Ahmic Lake Rd. to Sideroad 15 to Nelson Lake Rd.
Waterfront
None

MLS® number
X10895716
Data source
itso
Status change
2024-11-30
Listed on
2024-07-15
Days on market
138 days
Possession type
Flexible
Co-op commission
2.5% (The Co-operating Brokerage commission will b
Seller
Listed by
Re/Max Parry Sound Muskoka Realty Ltd., Brokerage, Parry Sound

Home Market Value

Current home valuation for 1274 Nelson Lake Road, Magnetawan, Spence, Magnetawan, ON. Listed for $425,000

HOMEH Estimate

?

$752,729

Estimated Sales Range

?

$451,637 - $1,053,821

HOMEH Estimate for 1274 Nelson Lake Road, Magnetawan, Spence

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$752,729Low confidence
Based on 3 comparable properties
− $327,729 (44%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

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Magnetawan, ON
Minimum Down Payment Required:5.0%

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Minimum down payment

$21,250

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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$16,150$11,858$10,115$0
=Total mortgage
$419,900$394,358$371,365$340,000
Amortization
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Payment frequency
=Mortgage payment
$2,050monthly$1,925monthly$1,813monthly$1,660monthly
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Land Transfer Tax

Provincial

$4,975

Total Land Transfer Tax

$4,975

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