
4838 124 Highway
Magnetawan, ON P0A 1P0
- 3Bedrooms
- 1Bathroom
- 2Garage
- 1100–1500Sq Ft
- $1,792Tax
- 836 ftLot frontage
- Estimated Value:$763,929See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 4838 124 Highway, Magnetawan
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2025-05-28 | 2025-08-30 | Login to See Prices | Expired | x12180654 |
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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 4838 124 Highway, Magnetawan
Nestled on nearly 5 private acres surrounded by mature trees, this charming 3-bedroom, 1-bath brick bungalow offers peace and privacy in Magnetawan. This unique property has dual entrances, one providing convenient access to Hwy 124 and the Old Highway Rd. This property is both secluded and accessible. A large circular driveway welcomes you home to a spacious 2-car garage, woodshed, and additional storage/work shed, perfect for all your tools, toys, and projects. While inside you'll find a spacious open-concept kitchen and dining area, perfect for gatherings. The dining space walks out to a side deck, ideal for enjoying your morning coffee or evening meals outdoors. A stunning rock wall fireplace creates a cozy focal point in the living area. The full basement offers ample storage, a cold cellar, and plenty of potential for additional living space. Located just minutes from Ahmic Lake boat launch, this is a rare opportunity to enjoy nature, comfort, and convenience all in one. Watch the video tour for a closer look at this unique property.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $1,792
- Land Transfer Tax Fee
- $9,455
- Basement Type
- Full
Interior Features
- Interior Extras
- Generator - Full, Water Heater Owned
- Fireplace/Stove
- Yes
- Fireplace Features
- Family Room
- Elevator
- No
Exterior Features
- Exterior Extras
- Year Round Living
- Pool
- None
- Property Features
- Beach, Library, Place Of Worship, Rec./Commun.Centre
- Other Structures
- Out Buildings
Building
- Building Type
- Detached
- Building Style
- Bungalow
Construction
- Exterior Finish
- Brick
- Roof
- Asphalt Shingle
- Foundation Details
- Block
- Special Designation
- Unknown
Lot
- Lot Front
- 835.53 ft
- Lot Depth
- 0.00 ft
- Lot Size
- 4.75
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Fridge, Stove, Washer, Dryer, Dishwasher, Freezer, Generator
Parking & Garages
- Garage Type
- Detached
- Garage Spaces
- 2
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 12
Heating & Cooling
- Heat Source
- Electric
- Heat Type
- Other
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Hydro
- Yes
- Bedrooms
- 3
- Washrooms
- 1
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Family Room—Main level
- Dining Room—Main level
- Kitchen—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Bathroom—Main level
- Recreation—Basement level
- Cold Room/Cantina—Basement level
- Other—Basement level
Washrooms
- 4-piece
- Municipality
- Magnetawan
- Neighbourhood
- Magnetawan
- Main cross streets
- Hwy 124, Magnetawan
- Zoning
- RU
- Directions
- HWY 400 or 11 to 4838 Hwy 124
- Waterfront
- None
- MLS® number
- X12180654
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2025-08-30
- Listed on
- 2025-05-28
- Days on market
- 94 days
- Possession type
- Flexible
- Co-op commission
- 2.5%+HST
- Seller
- Listed by
- RE/MAX Parry Sound Muskoka Realty Ltd
Home Market Value
Current home valuation for 4838 124 Highway, Magnetawan, Magnetawan, ON. Listed for $649,000
HOMEH Estimate
$763,929
Estimated Sales Range
$603,504 - $924,354
HOMEH Estimate for 4838 124 Highway, Magnetawan
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 $149,000 over $500K
$39,900
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $24,350 | $18,107 | $15,446 | $0 |
=Total mortgage | $633,112 | $602,207 | $567,096 | $519,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,091monthly | $2,940monthly | $2,769monthly | $2,535monthly |
Land Transfer Tax
$9,455
$9,455
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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