Listed for:Listed Dec 9, 2025
$999,000

5403A Highway 124

Magnetawan (Ahmic Harbour), ON P0A 1P0

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
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Sale & Price History for 5403A Highway 124, Magnetawan, Ahmic Harbour

No listing history available

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About 5403A Highway 124, Magnetawan, Ahmic Harbour

Summarized Description

  • Exceptional waterfront property on Ahmic Lake.
  • 15 acres with two houses and a workshop.
  • Extensive waterfront and scenic views.
  • Zoning allows for residential and commercial use.
  • Historical significance dating back to 1886.
  • Year-round access via maintained easement road.
  • Ideal for recreational activities and income potential.
  • Located near natural attractions and amenities.

WOW! Exceptional Waterfront Acreage on Ahmic Lake & Magnetawan River. This rare, high-income potential property features over 600 ft of pristine shoreline on 15 acres of partially cleared land with sweeping scenic views. Incredible versatility with two separate residential homes, a large traditional barn, and a massive commercial-zoned workshop/garage. Unmatched residential, recreational, or business potential in the heart of Ahmic Harbour. Don't miss this one-of-a-kind package! Ideally situated near Knoepfli Falls and the picturesque outflow from Ahmic Lake into the Magnetawan River, the setting is truly remarkable. Zoning includes a mix of Shoreline Residential, Environmental Protection, Farm, and Commercial. Tilson Creek Rd., is an easement road maintained by the municipality, ensuring reliable year-round access. The land has been held in the Tilson family since being granted by Queen Victoria in 1886, adding historical significance to this unique property. Summers on the lake are outstanding, with calm, clear waters perfect for canoeing, kayaking, paddleboarding, and fishing. Boaters will appreciate over 70 km of navigable waterways through the Magnetawan Locks system leading to Burk's Falls. Anmic Lake stretches approximately 19 km and connects to Neighick and Crawford Lakes via marked navigation channels. The broader Magnetawan region is cherished for its natural beauty-parks, beaches, scenic lookouts, waterfalls, historic locks, recreational facilities, hiking trails, and the Heritage Centre Museum. Residents and visitors enjoy true four-season living, including fishing, hunting, snowmobiling, boating, and swimming. The Municipality of Magnetawan is conveniently located about 45 minutes from Parry Sound, Huntsville, and North Bay. A rare opportunity to own a versatile and scenic waterfront estate in one of Northern Ontario's most sought-after lake communities.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$2,119
Land Transfer Tax Fee
$16,455

Rental Items

Under Contract
Hot Water Tank-Gas

Basement Type
Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Primary Bedroom - Main Floor
View
Bay
Fireplace/Stove
No
Elevator
No

Exterior Features

Pool
None
Property Features
Clear View, Lake/Pond, River/Stream, Waterfront
Other Structures
Barn, Workshop

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
51-99

Construction

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

Lot

Lot Front
827.02 ft
Lot Size
14.88
Lot Shape
Irregular

Inclusions

Inclusions
Fridge, Stove, Washer, Dryer

Parking & Garages

Garage Type
Detached
Garage Spaces
6
Parking Spaces
22
Total Garage And Parking Spaces
28

Heating & Cooling

Heat Source
Oil
Heat Type
Forced Air
Air Conditioning
None
Water
Well
Sewers
Septic
Natural Gas
No
Hydro
Yes
Cable
Yes
Telephone
Yes

Bedrooms
2
Washrooms
1
Kitchens
1

Room sizes

  • Kitchen—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Bedroom 2—
    Main level
  • Bedroom—
    Second level

Washrooms

  • 3-piece, Main

Municipality
Magnetawan
Neighbourhood
Ahmic Harbour
Main cross streets
Ahmic Harbour & Highway 124
Zoning
Shoreline residential, Farm, Commercial
Directions
Ahmic Harbour & Highway 124
Waterfront
Direct

MLS® number
X12613724
Data source
Toronto Regional Real Estate Board
Listed on
2025-12-09
Updated on
2026-09-30
Days on market
313 days
Possession type
Other
Co-op commission
2.5% with thanks for your efforts
Seller
Listed by
ROYAL LEPAGE MEADOWTOWNE REALTY

Home Market Value

Current home valuation for 5403A Highway 124, Magnetawan, Ahmic Harbour, Magnetawan, ON. Listed for $999,000

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Estimated Sales Range

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HOMEH Estimate for 5403A Highway 124, Magnetawan, Ahmic Harbour

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Magnetawan, ON
Minimum Down Payment Required:7.5%

5% on first $500K + 10% on $499,000 over $500K

Minimum down payment

$74,900

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Land Transfer Tax

Provincial

$16,455

Total Land Transfer Tax

$16,455

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