Sold for:Sold Apr 22, 2025
$849,900

138 Johnston Road

Magnetawan (Spence), ON P0A 1P0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 138 Johnston Road, Magnetawan, Spence

2025-04-07
2025-04-22
Sold
Price
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MLS#
x12067299

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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 138 Johnston Road, Magnetawan, Spence

Tucked into a gentle lakeside lot where calm waters sparkle under golden sunset skies, this freshly built year-round cottage invites you to experience the best of northern life. Crafted with upgraded construction materials and quality finishes throughout, every detail of this property was designed for comfort, durability, and effortless style. Step inside and you are immediately greeted by soaring cathedral ceilings and pine-lined walls that radiate warmth and rustic charm. The open concept living area feels like a breath of fresh forest air. At the heart of the cottage, a gleaming granite-clad kitchen takes center stage. With a sprawling island that seats eight, it's made for everything from pancake breakfasts to evening cocktails with friends. Whether you are settling in for a movie night or curling up with an enjoyable book beside the glow of the electric fireplace, this cottage offers two separate lounge areas to suit your mood. Natural light floods in through expansive glass across the entire front of the cottage, bringing the outdoors in and putting those west-facing views on full display. And when the weather's less than perfect - or the summer sun feels a little too warm - you can still enjoy the lakeside breezes under the comfort of a covered porch just steps from the water. Downstairs, the full walkout basement extends your living space with a second luxurious bathroom and a flexible layout. With three+ bedrooms, plus a dedicated bunkroom waiting to be filled with the laugher of kids or visiting guests, there's room for everyone to make memories here. Heated concrete floors keep things cozy no matter the season, while smart, energy-efficient choices throughout reflect the thoughtful craftmanship of this cottage. From toddlers to grandparents, everyone will appreciate the incredibly gentle lot. And with reliable year-round road access, getting here is easy. This is more than a cottage. It's your lakeside retreat, and your front-row seat to nature's show.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$790
Land Transfer Tax Fee
$13,473

Rental Items

Rental Equipment
Propane tank

Basement Type
Finished with Walk-Out

Interior Features

Laundry Level
Lower Level
Interior Extras
Water Treatment, Guest Accommodations
View
Lake, Water
Fireplace/Stove
Yes
Fireplace Features
Electric, Living Room
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Metal/Steel Siding
Roof
Metal
Foundation Details
Insulated Concrete Form
Special Designation
Unknown

Lot

Lot Front
95.00 ft
Lot Depth
177.00 ft

Parking & Garages

Garage Type
None
Garage Spaces
6
Parking Spaces
6
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Propane
Heat Type
Water
Air Conditioning
None
Water
Other
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
Yes

Bedrooms
0 + 4
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level
  • Bathroom—
    Main level
  • Family Room—
    Main level
  • Dining Room—
    Main level
  • Living Room—
    Main level
  • Recreation—
    Basement level
  • Bedroom—
    Basement level
  • Utility Room—
    Basement level
  • Bathroom—
    Basement level
  • Bedroom 2—
    Basement level
  • Primary Bedroom—
    Basement level
  • Bedroom 3—
    Basement level

Washrooms

  • 3-piece, Main
  • 3-piece, Basement

Municipality
Magnetawan
Neighbourhood
Spence
Main cross streets
Johnston Road & Ahmic Lake Road
Directions
From Hwy 11, take Hwy 520 west, turn left onto Midolothian Rd, take a sharp left onto Nipissing Rd S, turn right onto Ahmic Lake Rd, turn left onto Johnston Rd. Property will be on the right
Waterfront
Direct

MLS® number
X12067299
Data source
Toronto Regional Real Estate Board
Status change
2025-04-22
Listed on
2025-04-07
Days on market
15 days
Possession type
Flexible
Co-op commission
2.5
Seller
Listed by
RE/MAX Professionals North

Home Market Value

Current home valuation for 138 Johnston Road, Magnetawan, Spence, Magnetawan, ON. Listed for $849,900

HOMEH Estimate

?

$958,053

Estimated Sales Range

?

$756,862 - $1,159,244

HOMEH Estimate for 138 Johnston Road, Magnetawan, Spence

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

$958,053Medium confidence
Based on 4 comparable properties
See the full analysisFree Every recent nearby sale behind this number

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Magnetawan, ON
Minimum Down Payment Required:7.1%

5% on first $500K + 10% on $349,900 over $500K

Minimum down payment

$59,990

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$31,582$23,712$20,228$0
=Total mortgage
$821,139$788,622$742,643$679,920
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$4,009monthly$3,850monthly$3,626monthly$3,320monthly
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Land Transfer Tax

Provincial

$13,473

Total Land Transfer Tax

$13,473

Around this home

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