5331 Hwy 124
Magnetawan (Ahmic Harbour), ON P0A 1P0
- 3+2Bedrooms
- 4Bathrooms
- 3Garage
- 1500–2000Sq Ft
- $4,336Tax
- 343 ftLot frontage
Estimated Value:$981,233See Free Estimate Report
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About 5331 Hwy 124, Magnetawan, Ahmic Harbour
Summarized Description
- Spacious 3-bedroom, 2-bathroom waterfront home.
- Located on 8.2 acres along Ahmic Lake.
- Features a 3-bay garage for ample storage.
- Living room with cathedral ceiling and lake views.
- Mezzanine level ideal for office or studio.
- Separate entrance for extended family or guests.
- Potential for income as a bed and breakfast.
- Large eat-in kitchen perfect for gatherings.
Waterfront Home with Income Potential. This spacious 3-bedroom, 2-bathroom Panabode home sits on 8.2 acres along the shores of beautiful Ahmic Lake, featuring a 3-bay garage. The large eat-in kitchen offers ample counter with cupboard storage, perfect for family gatherings. The living room boasts a cathedral ceiling and walkout to a lakefront deck. A mezzanine level provides space for a home office or studio. The entry foyer provides abundant storage which connects the home to the garage. The lower level features two additional bedrooms, two bathrooms, a shared kitchenette, all accessible via a separate entrance ideal for extended family, guests, or as a bed and breakfast for additional income. Enjoy this stunning property as your new lakefront family home.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $4,336
- Land Transfer Tax Fee
- $18,475
Rental Items
- Rental Equipment
- Propane
- Basement Type
- Finished with Walk-Out
Interior Features
- Interior Extras
- Water Heater Owned
- Fireplace/Stove
- Yes
- Elevator
- No
Exterior Features
- Exterior Extras
- Year Round Living
- Pool
- Other, None
Building
- Building Type
- Detached
- Building Style
- Log
Construction
- Exterior Finish
- Wood
- Roof
- Asphalt Shingle
- Foundation Details
- Concrete Block
- Special Designation
- Unknown
Lot
- Lot Front
- 343.43 ft
- Lot Size
- 8.23
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Fridge, stove, dishwasher
Exclusions
- Exclusions
- Washer, Dryer, Contents of garage, all personals, loader tractor, bathroom mirror ( Primary ensuite), Hall light
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 3
- Parking Spaces
- 8
- Total Garage And Parking Spaces
- 11
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Radiant
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Natural Gas
- No
- Hydro
- Yes
- Cable
- Available
- Telephone
- Yes
- Bedrooms
- 3 + 2
- Washrooms
- 4
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Foyer—Main level
- Kitchen—Main level
- Dining Room—Main level
- Living Room—Main level, Cathedral Ceiling(s), Balcony
- Loft—Upper level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom 3—Main level
- Recreation—Lower level, W/O To Patio
- Bedroom 4—Lower level, W/O To Patio
- Bedroom 5—Lower level
- Laundry—Lower level
- Utility Room—Lower level
- Den—Lower level
Washrooms
- 5-piece, Main
- 4-piece, Main
- 4-piece, Lower
- 4-piece, Lower
- Municipality
- Magnetawan
- Neighbourhood
- Ahmic Harbour
- Main cross streets
- 400/124
- Zoning
- RS & EP
- Directions
- exit 261 - 520 - 124
- Waterfront
- Direct
- MLS® number
- X12393052
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-08-31
- Listed on
- 2025-09-08
- Days on market
- 357 days
- Possession type
- 60-89 days
- Co-op commission
- 2.5
- Seller
- Listed by
- CORCORAN HORIZON REALTY
Home Market Value
Current home valuation for 5331 Hwy 124, Magnetawan, Ahmic Harbour, Magnetawan, ON. Listed for $1,100,000
HOMEH Estimate
$981,233
Estimated Sales Range
$588,740 - $1,373,726
HOMEH Estimate for 5331 Hwy 124, Magnetawan, Ahmic Harbour
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 $600,000 over $500K
$85,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $40,568 | $30,690 | $26,180 | $0 |
=Total mortgage | $1,054,768 | $1,020,690 | $961,180 | $880,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,150monthly | $4,984monthly | $4,693monthly | $4,297monthly |
Land Transfer Tax
$18,475
$18,475
Around this home
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