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$1,990,000
Magnetawan
2245 Ahmic Lake Road, Magnetawan, Ontario, P0A1P0
This 4-bedroom, 2-bathroom home in Magnetawan is for sale offering roughly 1,750 sq ft of space.
Experience the quintessential waterfront lifestyle at this extraordinary Magnetawan estate compound, where a captivating "Lakehouse" takes center stage on a pristine 176+ acre sanctuary. Masterfully converted to preserve its authentic cottage allure, this primary shorefront residence sits mere feet from the crystal-clear, spring-fed waters of Newell Lake, featuring three-plus lakeside bedrooms, a south-facing veranda, a basement, and a garage. Your expansive private shoreline serves as an enviable aquatic playground: a superb swimming dock and a pristine sandy beach complemented by a floating dock perfectly positioned to capture breathtaking westerly sunsets. While both dwellings possess incredible structural integrity, they invite your imagination and design ideas to update and revitalize their interiors. Beyond the waterfront, the vast acreage unfolds into an agricultural and entrepreneurial haven, anchored by a secondary, stately five-bedroom farmhouse featuring a classic veranda, a durable metal roof, and a cavernous kitchen built for grand hosting. Complete with well maintained and established horse barns, stalls, and a vast trail network, the sprawling topography offers boundless utility for equestrian ventures, maple tapping, or an eco-tourism destination. Bring your unique vision to update both properties, transforming this dual-residence marvel into a cherished, bespoke destination for generations to come. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 125 days on market, against an average age of 92 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 4-bed single family in Magnetawan is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,990,000, about 29.3× the local median household income of $68,000.
Carrying it typically needs a household income of about $388,717 (20% down, 25-yr amortization, stress-tested) — roughly 472% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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