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City in Ontario

Apartments & homes for rent in Magnetawan

quiet community-oriented family-friendly

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.

Population of 1,390 residents Two parks available One school in the area No rental properties listed
Magnetawan, Ontario — HOMEH neighbourhood guide

Magnetawan, Ontario

© Wikimedia Commons contributors (CC BY-SA)

At a glance

What it costsAffordability

Median asking price

$472,000

34% below Ontario

In Magnetawan

$472,000

In Ontario

$716,900

Median monthly rent

In Ontario

$2,499

$1,540

Per square foot

On the marketMarket snapshot

For sale

68

Median $472,000

Houses 68

For rent

0

Recently sold

Sign in to see sold data

Recently leased

Sign in to see leased data

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.

Great for first-time buyers families retirees

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 2026-10-19.

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 These are the schools that stand inside Magnetawan, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source.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)

HOMEH Market Pulse Through September 2026 Moderate sales history

What homes in Magnetawan actually sell for

38 homes changed hands in Magnetawan over the 12 months to September 2026. Half sold above $402,257 and half below, 18.4% lower than the 12 months before. A typical home found its buyer in 58 days.

Median sold price
$402K
-18.4% year over year
Days to sell
58
1 day quicker
Sales closed
38
last 12 months
Per square foot
$534
from 22 sized sales

Three years of sold prices

The line is the median. The band is the middle half of every sale — how wide it runs tells you how much one home here differs from the next.

$1.23M$807K$386K$-34K
Nov ’23Oct ’24Sep ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$953,100

on a $1,000,000 asking price — under ask by $46,900

−10%Asking price+10%
Of the asking price
95.3%
Sold over asking
13.2%

From 38 sales that closed here in the last 12 months.

How fast it moves

Median days on market, month by month. Taller means slower.

May 2024Aug 2026

Terracotta marks the last 12 months.

Every month behind these charts — Magnetawan, sales
Monthly closed sales in Magnetawan
MonthClosedMedianMiddle halfDays% of ask
Sep 20261 Not enough sales this month to report a median
Aug 20267$429,000$117K – $608K1599.0%
Jul 20266$638,000$494K – $991K4496.0%
Jun 20264 Not enough sales this month to report a median
May 20264 Not enough sales this month to report a median
Apr 20265$475,000$285K – $1.14M2896.2%
Mar 20261 Not enough sales this month to report a median
Jan 20261 Not enough sales this month to report a median
Nov 20254 Not enough sales this month to report a median
Oct 20255$82,000$53K – $230K16792.0%
Sep 20255$425,000$347K – $569K4494.4%
Aug 20256$560,000$404K – $798K5594.1%
Jul 20254 Not enough sales this month to report a median
Jun 20252 Not enough sales this month to report a median
May 20257$375,000$303K – $575K4393.8%
Apr 20252 Not enough sales this month to report a median
Feb 20253 Not enough sales this month to report a median
Jan 20255$399,000$208K – $399K6696.1%
Dec 20243 Not enough sales this month to report a median
Nov 20242 Not enough sales this month to report a median
Oct 202411$360,000$340K – $533K3095.0%
Sep 20244 Not enough sales this month to report a median
Aug 20243 Not enough sales this month to report a median
Jul 20249$327,000$215K – $520K4993.4%
Jun 20245$286,000$285K – $625K4895.0%
May 20245$645,000$560K – $820K6097.4%
Apr 20241 Not enough sales this month to report a median
Mar 20242 Not enough sales this month to report a median
Feb 20242 Not enough sales this month to report a median
Jan 20241 Not enough sales this month to report a median
Nov 20231 Not enough sales this month to report a median

19 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

Compiled by HOMEH from sales reported closed in Magnetawan on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one home. Not an appraisal or an opinion of value.

Keep looking

More Apartments & Homes for Rent in Magnetawan