1468 Nelson Lake Road
Magnetawan (Spence), ON P0A 1P0
- 1Bedroom
- 1Bathroom
- 6Garage
- 700–1100Sq Ft
- —Tax
- 335×439 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 1468 Nelson Lake Road, Magnetawan, Spence
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-30 | 2025-10-03 | Login to See Prices | Sold | x12183716 |
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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 1468 Nelson Lake Road, Magnetawan, Spence
Just Under 5 Acres of Possibility in Rural. This 4.8-acre property is the definition of potential. Located on a year-round maintained road with great cell reception, a dug well, and septic system already in place, it's a fantastic foundation for your next build.The existing detached raised bungalow has a separate entrance but is in tear-down condition ready for someone to reimagine what this peaceful, mostly flat property could become. Bonus features include a 32x40 Garage/shed, perfect for storing tools or toys,.Whether you're dreaming of a country home, a weekend retreat, or a long-term investment, this is rural living with the essentials already checked off you just bring the vision. Buyer to verify all information including lot size, house size and all measurements, assessment and tax information. Being sold 'As is, Where is' with no Warranties or Representations.The smallest Shed on the south west Corner is not property of Seller. That is there as a property boundary reference to neighbouring Lot.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $0
- Land Transfer Tax Fee
- $724
- Basement Type
- Unfinished
Interior Features
- Interior Extras
- None
- View
- Trees/Woods, Clear, Forest
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
- Other Structures
- Shed
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Concrete, Vinyl Siding
- Roof
- Metal
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 335.00 ft
- Lot Depth
- 439.00 ft
- Lot Shape
- Rectangular
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 6
- Parking Spaces
- 4
- Total Garage And Parking Spaces
- 10
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Other
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Available
- Telephone
- Available
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Common Room—Main level
Washrooms
- 2-piece
- Municipality
- Magnetawan
- Neighbourhood
- Spence
- Main cross streets
- Nelson lake Rd/ Botham Rd
- Zoning
- RU
- Directions
- Northbound on Highway 11, take exit 520, turn onto Midlothian, turn southbound onto Nippising rd. Turn right onto Nelson lake rd
- MLS® number
- X12183716
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-10-03
- Listed on
- 2025-05-30
- Days on market
- 126 days
- Possession date
- 2025-05-30
- Possession type
- Immediate
- Co-op commission
- 2.5%+ HST
- Seller
- Listed by
- RE/MAX Professionals North
Home Market Value
Current home valuation for 1468 Nelson Lake Road, Magnetawan, Spence, Magnetawan, ON. Listed for $99,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 1468 Nelson Lake Road, Magnetawan, Spence
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$4,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $3,796 | $2,787 | $2,378 | $0 |
=Total mortgage | $98,701 | $92,697 | $87,293 | $79,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $482monthly | $453monthly | $426monthly | $390monthly |
Land Transfer Tax
$724
$724
Around this home
No schools found nearby
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