$849,999

For sale

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2101 Ahmic Lake Road, Magnetawan - Vacant Land for Sale

2101 Ahmic Lake Road, Magnetawan, Ontario, P0A1P0

0 baths1312 × 3280 ft (98.76 acres) lotListed 48 days ago

Overview

This lot in Magnetawan is for sale. It has been on the market 48 days, fresher than the Magnetawan average of 92 days.

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Description

122-acre waterfront property on Newell Lake in Magnetawan, offered as two parcels sold together with approximately 1,800 feet of private shoreline. A true outdoorsman's property, formerly used as a hunting and fishing camp, featuring an established camp area with trailers, sheds, and outhouses. Mature mixed forest and abundant wildlife throughout, with an existing ATV trail leading to a private waterfront-ideal for fishing, boating, and enjoying the natural surroundings. Incredible opportunity for recreational use, a private retreat, or to continue its legacy as a hunt camp. Rare offering combining large acreage, extensive waterfront, and proven recreational use in Northern Ontario. There is a $750 fee for the trailers that are on the property that is due annually in April. (id:66096)

Property Details

MLS®: X13800374
Property Type: Vacant Land
Bathrooms: 0
Lot Size: 1312 × 3280 ft (98.76 acres)
Frontage: 1,312 ft
Waterfront: Yes
Property Tax: $2,141.51/yr
Listed: 48 days ago

Features

Lot Features: Wooded area, Partially cleared

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

48d

Magnetawan listings, avg age

92d

List price

$850K

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.

Haho

This vacant land in Magnetawan has been listed for 48 days, which is 44 days fresher than the city average of 92. Act while there is still low competition.

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Listed by KELLER WILLIAMS EXPERIENCE REALTY · ANDREW HERMISTON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P0A)

This home lists at $849,999, about 12.5× the local median household income of $68,000.

Carrying it typically needs a household income of about $166,035 (20% down, 25-yr amortization, stress-tested) — roughly 144% above the area median.

Median household income: $68,000
Population: 17,822
Median age: 56.8
Owner / renter: 87% / 13%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P0A)

$849,999

For sale

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