Was listed for:Expired Nov 30, 2024
$669,000

40 Jack & Verna'S Lane

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 40 Jack & Verna'S Lane, Magnetawan, Spence

2024-03-18
2024-11-30
Expired
Price
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MLS#
x10435216

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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 40 Jack & Verna'S Lane, Magnetawan, Spence

Traditional Family Cottage! Quiet private setting, spacious deck offering various view of the waterfront. Screened in portion for shelter from the elements, and great storage for deck furniture. Separate bunkie for extra sleeping. Double sized lot, septic for cottage is on the vacant lot. Not many opportunities to own a cottage in this price range!

Key Facts & Features

Property Costs

Annual Property Tax Amount
$1,349
Land Transfer Tax Fee
$9,855

Basement Type
Unfinished, Partial Basement

Interior Features

Interior Extras
Water Heater Owned
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Other
Approx Age
31-50

Construction

Exposure
North
Exterior Finish
Wood
Roof
Asphalt Shingle
Foundation Details
Block
Special Designation
Unknown

Lot

Lot Front
229.04 ft
Lot Size
1.53
Lot Size Code
x 229.04

Inclusions

Inclusions
Furniture, Refrigerator, Stove

Parking & Garages

Garage Type
Outside/Surface
Garage Spaces
2
Parking Spaces
2
Total Garage And Parking Spaces
2

Heating & Cooling

Heat Source
Wood
Heat Type
Baseboard
Air Conditioning
None
Sewers
Septic

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Bedroom—
    Main level
  • Bathroom—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level
  • Primary Bedroom—
    Main level
  • Primary Bedroom—
    Main level
  • Bedroom—
    Main level
  • Bathroom—
    Main level
  • Living Room—
    Main level
  • Kitchen—
    Main level

Washrooms

  • 4-piece, Main

Municipality
Magnetawan
Neighbourhood
Spence
Main cross streets
Magnetawan to Nipissing road south or Midlothian road (cornballstore) to Ahmic Lake road to Dauncey road, right onto Jack & Verna Lane
Zoning
RTEP
Directions
Magnetawan to Nipissing road south or Midlothian road (cornballstore) to Ahmic Lake road to Dauncey road, right onto Jack & Verna Lane
Waterfront
Direct

MLS® number
X10435216
Data source
itso
Status change
2024-11-30
Listed on
2024-03-18
Days on market
257 days
Possession type
Flexible
Co-op commission
2.5%. .If the property is originally shown by the
Seller
Listed by
Coldwell Banker Thompson Real Estate, Brokerage, Burks Falls

Home Market Value

Current home valuation for 40 Jack & Verna'S Lane, Magnetawan, Spence, Magnetawan, ON. Listed for $669,000

HOMEH Estimate

?

$360,000

Estimated Sales Range

?

$284,400 - $435,600

HOMEH Estimate for 40 Jack & Verna'S Lane, Magnetawan, Spence

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

$360,000Medium confidence
Based on 3 comparable properties
+ $309,000 (86%) above our estimate
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:6.3%

5% on first $500K + 10% on $169,000 over $500K

Minimum down payment

$41,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$25,074$18,665$15,922$0
=Total mortgage
$651,927$620,765$584,572$535,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$3,183monthly$3,031monthly$2,854monthly$2,613monthly
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Land Transfer Tax

Provincial

$9,855

Total Land Transfer Tax

$9,855

Around this home

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0/100Minimal Transit
0/100Not rated
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