Sold for:Sold Aug 28, 2025
$498,000

454 Silver Lake 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 454 Silver Lake Road, Magnetawan, Spence

2025-06-03
2025-08-28
Sold
Price
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MLS#
x12194129
2024-09-13
2025-04-27
Terminated
Price
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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 454 Silver Lake Road, Magnetawan, Spence

New Renovated Amazing Water Front Home! 4 Large Bedroom,2 Full Bathroom,1750Sqf Living Space, 1.3 Acres Land. 201Ft Of Waterfront,Private Dock.New Metal Roof,Recent Upgraded Windows,Doors,Lightings.Bright Beautiful Lake View Livingroom.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,563
Land Transfer Tax Fee
$6,435

Basement Type
None

Interior Features

Interior Extras
None
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
None

Building

Building Type
Detached
Building Style
Bungalow

Construction

Exterior Finish
Board & Batten
Roof
Metal
Foundation Details
Concrete
Special Designation
Unknown

Lot

Lot Front
200.00 ft
Lot Depth
275.00 ft

Inclusions

Inclusions
Fridge, Stove, New Range Hood, UV Water System, MicroWave, Hot Water Tank, All Existing Furnitures

Parking & Garages

Garage Type
Detached
Garage Spaces
1
Parking Spaces
6
Total Garage And Parking Spaces
7

Heating & Cooling

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

Bedrooms
4
Washrooms
2
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Foyer—
    Main level, Ceramic Floor
  • Living Room—
    Main level, Laminate, Fireplace
  • Kitchen—
    Main level, Laminate
  • Bedroom—
    Main level, Laminate
  • Bedroom 2—
    Main level, Laminate
  • Bedroom 3—
    Main level, Laminate
  • Bedroom 4—
    Main level, Laminate

Washrooms

  • 3-piece, Main

Municipality
Magnetawan
Neighbourhood
Spence
Main cross streets
Hwy400-Hwy124 to Ahmic Lake Rd
Directions
Located on top of the hill
Waterfront
Direct

MLS® number
X12194129
Data source
Toronto Regional Real Estate Board
Status change
2025-08-28
Listed on
2025-06-03
Days on market
86 days
Possession type
Flexible
Co-op commission
2.5%
Seller
Listed by
U DREAM HOME REALTY

Home Market Value

Current home valuation for 454 Silver Lake Road, Magnetawan, Spence, Magnetawan, ON. Listed for $498,000

HOMEH Estimate

?

$367,200

Estimated Sales Range

?

$303,566 - $430,834

HOMEH Estimate for 454 Silver Lake Road, Magnetawan, Spence

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

$367,200Low confidence
Based on 2 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

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Magnetawan, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$24,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$18,924$13,894$11,852$0
=Total mortgage
$492,024$462,094$435,152$398,400
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$2,402monthly$2,256monthly$2,125monthly$1,945monthly
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Land Transfer Tax

Provincial

$6,435

Total Land Transfer Tax

$6,435

Around this home

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