Sold for:Sold Feb 6, 2025
$349,900

1866 Highway 124

Magnetawan, ON P0A 1Z0

Detached House SoldNot available

Property not available for sale or for rent.

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Sale & Price History for 1866 Highway 124, Magnetawan

2025-01-29
2025-02-06
Sold
Price
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MLS#
x11944994

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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 1866 Highway 124, Magnetawan

Welcome to 1866 Highway 124 between Sundridge and Magnetewan. Outdoor enthusiasts, this is your dream property. Backing onto crown land, this beautiful 76 acre property has it all, with snowmobile trails around the property, private trails throughout, year round road leading into it, hydro, new septic system, dug well and newly refinished, well maintained gravel driveway. On the property, you have a cabin/cottage with metal siding, metal roof, insulated, with electric baseboard heating and a pellet stove, 2 upstairs bedrooms with the possibility to put a third bedroom on the main level, and a newer 4 piece bathroom. The open concept design with the kitchen, dining and living room area is great for entertaining, with lots of windows for great views of the beautiful property outside. Hunting, hiking, snowmobiling and skiing right outside your door, with plenty of lakes nearby if boating, swimming and fishing is your thing. Private and far enough away from the hustle and bustle of the city, but very close to both Sundridge and Magnetewan if you need to run into town for anything. Finish updating the current building and make it your own, or build your own dream house further down in the property on another cleared area. The possibilities are endless with this gem, and the outdoor enthusiasts will be all over this little piece of paradise, especially with so many great features like hydro on the property and in the cabin, the newer septic, well and driveway. Book your showing today, this will be a well sought after chunk of heaven and you won't want to miss out.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$819
Land Transfer Tax Fee
$3,724

Rental Items

Rental Equipment
n/a
Under Contract
None

Basement Type
None

Interior Features

Interior Extras
Carpet Free, Water Heater Owned
View
Trees/Woods
Fireplace/Stove
Yes
Fireplace Features
Pellet Stove
Elevator
No

Exterior Features

Pool
None
Property Features
Skiing, Wooded/Treed, Part Cleared

Building

Building Type
Detached
Building Style
1 1/2 Storey
Approx Age
31-50

Construction

Exterior Finish
Metal/Steel Siding
Roof
Metal
Foundation Details
Not Applicable
Special Designation
Unknown

Lot

Lot Front
1034.00 ft
Lot Depth
3255.00 ft
Lot Shape
Rectangular

Inclusions

Inclusions
furniture, bar fridge, lawn mower, weed wacker, microwave, hot water tank owned, window coverings

Exclusions

Exclusions
UTV and plow, picture in upstairs bedroom with wolf, personal belongings

Parking & Garages

Garage Type
Attached
Garage Spaces
1
Parking Spaces
10
Total Garage And Parking Spaces
11

Heating & Cooling

Heat Source
Electric
Heat Type
Baseboard
Air Conditioning
None
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
No
Telephone
No

Bedrooms
2
Washrooms
1
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Kitchen—
    Main level, Combined w/Dining, Fireplace
  • Dining Room—
    Main level, Combined w/Kitchen
  • Living Room—
    Main level
  • Bathroom—
    Main level, 4 Pc Bath, Irregular Room
  • Utility Room—
    Main level
  • Bedroom—
    Second level, Carpet Free, Pass Through
  • Bedroom 2—
    Second level, L-Shaped Room, Pass Through, Staircase

Washrooms

  • 4-piece

Municipality
Magnetawan
Neighbourhood
Magnetawan
Main cross streets
HIGHWAY 11 OR HIGHWAY 400 TO HIGHWAY 124 EAST OF MAGNETAWAN TO #1866 SOP
Zoning
RU
Waterfront
None

MLS® number
X11944994
Data source
Toronto Regional Real Estate Board
Status change
2025-02-06
Listed on
2025-01-29
Days on market
8 days
Possession type
Immediately
Co-op commission
2%
Seller
Listed by
Century 21 Blue Sky Region Realty Inc., Brokerage

Home Market Value

Current home valuation for 1866 Highway 124, Magnetawan, Magnetawan, ON. Listed for $349,900

HOMEH Estimate

?

$540,949

Estimated Sales Range

?

$378,664 - $703,234

HOMEH Estimate for 1866 Highway 124, Magnetawan

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

$540,949Low confidence
Based on 10 comparable properties
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

$17,495

Scenario 1 Scenario 2 Scenario 3 Scenario 4
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+CMHC insurance
$13,296$9,762$8,328$0
=Total mortgage
$345,701$324,672$305,743$279,920
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=Mortgage payment
$1,688monthly$1,585monthly$1,493monthly$1,367monthly
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Land Transfer Tax

Provincial

$3,724

Total Land Transfer Tax

$3,724

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