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City in Ontario
Condos for sale under $700K in Magnetawan
1,753 people lived in Magnetawan at the 2021 Census, in 820 households. 88% of households owned their home and 13% rented. The most common homes were single-detached houses (96%) and low-rise apartments (2%). 46% of homes were built before 1981, and 6% since 2011. 91% of commuters went to work by car and 0% by public transit.
Magnetawan, Ontario
© Wikimedia Commons contributors (CC BY-SA)
At a glance
What it costsAffordability
Median asking price
$442,450
In Magnetawan
$442,450
In Ontario
$716,900
Median monthly rent
In Ontario
$2,499
$1,540
Per square foot
On the marketMarket snapshot
For sale
68
Median $442,450
Houses 68
For rent
0
Recently sold
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Recently leased
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Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.
The honest readPros & cons
What people love
- Affordable compared to provincial median
- Low population density for more space
Keep in mind
- No rental options currently available
- Limited public transit services
The feel of the placeLifestyle
Daily life in Magnetawan is calm and community-focused, ideal for those seeking tranquility.
Within the boundaryWhat's nearby
The boundary
575.3 km²
Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.
4
Parks
1
Gyms
Counted across all 575.3 km² of Magnetawan. From OpenStreetMap, as of 2026-10-12.
The schoolsWhich schools, and how they rate
2
Elementary
Magnetawan Central PS
Public · Near North DSB
Not rated
Magnetawan Central Public School
Public · Grades JK–8 · Near North DSB
Not rated
80 students
Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Magnetawan, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.
The peopleWho lives here
1,753
Population (2021)
526.3 km²
Area
3
People per km²
58.8
Median age
$65,331
Median income
88%
Own their home
2.1
People per household
820
Households
Every age
- Children (under 15)9.9%
- Working age (15–64)54.8%
- Seniors (65+)35.2%
What is built here
- Detached houses96.3%
- Low-rise apartments1.8%
Own or rent
88%Owners
13%Renters
Across 820 households
When it was built
Mostly 1961–1980
- 1960 or earlier20%
- 1961–198026%
- 1981–199016%
- 1991–200012%
- 2001–20059%
- 2006–201012%
- 2011–20151%
- 2016–20214%
Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.
- 6.9%
- Born outside Canada
- 13.8%
- Hold a degree or higher
- 37.2%
- Employment rate
- 0%
- Commute by transit
- 91.4%
- Commute by car
- 1.7
- Children per family
- $58,527
- Median income after tax
- $77,106
- Average household income
- 17.6%
- Living on a low income
- $761/mo
- Renters pay, per month
- $607/mo
- Owners pay, per month
- $485,590
- Median home value at census
- 17.4%
- Renters spending 30%+ of income on housing
- 14.6%
- Owners spending 30%+ of income on housing
Statistics Canada, Census of Population 2021. Added up from 3 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.
Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)
More Homes for Sale in Magnetawan
68 homes are for sale in Magnetawan. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.