
175 Old Man's Lake Lane
Magnetawan (Spence), ON P0A 1P0
- 5Bedrooms
- 3Bathrooms
- 2Garage
- 2500–3000Sq Ft
- $6,757Tax
- 348×847 ftLot Size
- Estimated Value:$1,020,000See Free Estimate Report

Sale & Price History for 175 Old Man's Lake Lane, Magnetawan, Spence
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About 175 Old Man's Lake Lane, Magnetawan, Spence
Summarized Description
- Exceptional lakefront property with 348 feet of frontage
- Spacious 8-acre lot ideal for various activities
- Luxurious primary suite with massage bath
- Year-round comfort with geothermal system
- Turn-key rental with strong income potential
- Separate entrance for guest suite convenience
- Recreation room perfect for family gatherings
Visit the REALTOR website for further information about this Listing. Paradise Found! Set in a serene and private location on the shores of Old Mans Lake, this exceptional property offers 348 feet of pristine lake frontage on over 8 acres of land. The gently sloping lot leads to the water's edge, providing plenty of usable space and direct access to a good-sized lake ideal for all types of water activities, from boating and swimming to snowmobiling in the winter. Both summer and winter fishing are enjoyed here, making it a true year-round retreat. Inside, the primary suite features a luxurious ensuite with an Ultra Thermo-Masseur massage bath for the ultimate in relaxation. The lower level offers a spacious recreation room complete with a large plasma TV and a cozy wood stove, perfect for family gatherings or movie nights. A convenient kitchenette with a sink, small fridge, and microwave makes this level a great candidate for a guest suite, especially with its separate entrance. Comfort is assured year-round with an upgraded geothermal system, delivering efficient heating in the winter and cooling in the summer, complemented by additional infrared heating on the lower level. Turn-key summer rental with excellent income potential. Making it move-in ready Whether you're looking for a peaceful family getaway, a recreational paradise, this stunning lakefront estate truly has it all.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,757
- Land Transfer Tax Fee
- $24,875
- Basement Type
- Separate Entrance
Interior Features
- Interior Extras
- Auto Garage Door Remote, Bar Fridge, Central Vacuum, Floor Drain, Guest Accommodations, In-Law Capability, Separate Heating Controls, Storage, Suspended Ceilings, Water Heater Owned
- View
- Creek/Stream, Garden, Lake, Skyline, Trees/Woods, Water
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- Yes
- Fireplace Features
- Living Room, Wood Stove, Wood
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck, Fishing, Landscaped, Lighting, Privacy, Porch, Recreational Area, Seasonal Living, Year Round Living
- Pool
- None
- Property Features
- Lake Access, Lake/Pond, River/Stream, Sloping, Waterfront, Wooded/Treed
- Accessibility Features
- Level Within Dwelling
- Other Structures
- Garden Shed
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 16-30
Construction
- Exterior Finish
- Wood
- Roof
- Metal
- Foundation Details
- Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 348.00 ft
- Lot Depth
- 847.00 ft
Inclusions
- Inclusions
- Being sold completely furnished
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 2
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 10
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Heat Pump
- Air Conditioning
- Central Air
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- No
- Telephone
- Available
- Bedrooms
- 5
- Washrooms
- 3
- Kitchens
- 2
- Family / bonus room
- Yes
Washrooms
- 4-piece, Main
- 4-piece, Second
- 3-piece, Basement
- Municipality
- Magnetawan
- Neighbourhood
- Spence
- Main cross streets
- Ahmic Lake Rd & Old Mans Lake Lane
- Zoning
- WF
- Directions
- Ahmic Lake Rd & Old Mans Lake Lane
- Waterfront
- Direct
- MLS® number
- X13645864
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-06
- Updated on
- 2026-10-17
- Days on market
- 72 days
- Possession type
- Flexible
- Co-op commission
- 2% Seller Direct; $2 Listing Brokerage
- Seller
- Listed by
- EASY LIST REALTY LTD.
Home Market Value
Current home valuation for 175 Old Man's Lake Lane, Magnetawan, Spence, Magnetawan, ON. Listed for $1,420,000
HOMEH Estimate
$1,020,000
Estimated Sales Range
$612,000 - $1,432,450
HOMEH Estimate for 175 Old Man's Lake Lane, 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% on first $500K + 10% on $920,000 over $500K
$117,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $52,086 | $39,618 | $33,796 | $0 |
=Total mortgage | $1,354,226 | $1,317,618 | $1,240,796 | $1,136,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,612monthly | $6,433monthly | $6,058monthly | $5,547monthly |
Land Transfer Tax
$24,875
$24,875
Around this home
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