$824,900
Magnetawan
Times shown are local to the property.
18 Ahmic Lake Road, Magnetawan (Ahmic Harbour), Ontario, P0A1A0
This 3-bedroom, 3-bathroom home in Magnetawan is for sale offering roughly 900 sq ft of space. Listed at $824,900, it is attractively priced about 8% below the $899,999 median asking price in Magnetawan. It has been on the market 31 days, fresher than the Magnetawan average of 106 days.
A EXTRAORDINARY OPPORTUNITY LAKE ACCESS-PS-largest 3 chain lake system INCREDIBLE POTENTIAL & A VISION WAITING TO COME TO LIFE! Discover a fantastic parcel of land offering lake access, an existing structure, and endless possibilities to create something truly special. Whether you're dreaming of a year-round residence, a private cottage retreat, or an investment in your future, this property offers an exceptional canvas for your imagination. The existing structure presents an exciting opportunity to renovate, reimagine, and enhance the living space to suit your vision. A separate detached garage adds even more potential, with the possibility of creating additional living space, a private studio, workshop, or perhaps a coach house above the garage, subject to municipal approvals. The possibilities are truly exciting! Why wait until spring to begin your dream? The autumn and winter months provide the perfect opportunity to plan, design, and prepare for your transformation. Imagine selecting your finishes, exploring creative renovation ideas, and getting everything ready to spring into action when warmer weather arrives. For contractors, renovators, investors, or buyers with imagination, this is an opportunity to recognize the potential beyond what currently exists. Fantastic land, lake access, an existing structure, and a detached garage - all the ingredients are here to create something remarkable. Imagine transforming this property into your very own lakeside escape, adding personal touches, enhancing the existing structure, and creating a lifestyle that reflects your dreams. A PROPERTY FULL OF POTENTIAL. A LIFESTYLE FULL OF POSSIBILITIES. AN OPPORTUNITY NOT TO BE MISSED Public Open House NOVEMBER 7th & 8th from 1:30 til -mid afternoon lets enjoy this weather and come walk the property & drop in to cottage area & enjoy the color of leaves feel the LAKEFRONT PROPERTY & NEW LIFESTLYE AWAITS YOUR NEXT OPPORTUNITY STARTS HERE! well @250 ft & pump at 185 ft enjoy . (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 31 days on market, against an average age of 106 days across the listings currently for sale in this city
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Magnetawan (Ahmic Harbour) has been listed for 31 days, which is 75 days fresher than the city average of 106. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $824,900, about 12.1× the local median household income of $68,000.
Carrying it typically needs a household income of about $161,132 (20% down, 25-yr amortization, stress-tested) — roughly 137% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
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