84 days on Market

5331 Hwy 124 Highway, Magnetawan, Ontario P0A 1P0

Detached
3 + 2
4
~1500-2000 sqft
$1,100,000
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Detached
3 + 2
4
~1500-2000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$642/sqft

Est. Mortgage$4,724/mo

Tax Amount (2024)$4,336/yr

Days On Market84 days


Description

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.


Property Details

StyleLog
View-
Age of property-
SqFt~1500-2000 SqFt
Lot Size-
Parking Spaces11
MLS ®NumberX12046301
Community NameMagnetawan
Data SourceTRREB
Listing byeXp Realty

Features

Heating: Radiant
Fireplace
Basement: Fin W/O

Main Floor

Kitchen

3.89 x 3.94

Dining

3.89 x 3.33

Living

5.05 x 8.61

Cathedral Ceiling / Balcony

Br

4.34 x 4.24


Features

Pool: Other, None

Parking

Garage spaces 3

Garage type Attached

Other parking spaces 8

Total parking spaces 11


Property History

Mar 28, 2025
ListedActive
$1,100,000
84 days on market
history photo preview35
Listing by trreb®
Property listed by eXp Realty, Brokerage
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Market Data - Magnetawan

Geo Zone Map ThumbnailMagnetawan

Strong Buyer's Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

45 days

Compared to

2024

89 days

2023

13 days

2022

37 days

New Listings

Past 30 days

18 listings

Compared to

2024

17 listings

2023

7 listings

2022

10 listings

Units sold

Past 30 days

3 units

Compared to

2024

4 units

2023

2 units

2022

2 units

Median Sold Price

Past 30 days

$390,000

Compared to

2024

$501,000

2023

$717,000

2022

$807,050


Population and Demographics

Overview

Total population 1525
Average household income $89,882

Age (%)

65 and plus
35%
50 to 64
28%
35 to 49
13%
0 to 19
13%
20 to 34
10%

Household composition (%)

Single family
65%
Single person
31%
Multi person
3%
Multi family
1%

Mother tongue (%)

English
91%
Others
3%
German
3%
French
2%
Hungarian
1%

House tenancy (%)

Owners
88%
Renters
12%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget