Was listed for:Expired Aug 30, 2025
$649,000

4838 124 Highway

Magnetawan, ON P0A 1P0

Detached House ExpiredNot available

Property not available for sale or for rent.

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Sale & Price History for 4838 124 Highway, Magnetawan

2025-05-28
2025-08-30
Expired
Price
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MLS#
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.

$763,929Medium confidence
Based on 13 comparable properties
− $114,929 (15%) below our estimate — Good deal!
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:6.1%

5% on first $500K + 10% on $149,000 over $500K

Minimum down payment

$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
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Land Transfer Tax

Provincial

$9,455

Total Land Transfer Tax

$9,455

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