Overview

This lot in Magnetawan is for sale offering roughly 350 sq ft of space. It has been on the market 63 days, fresher than the Magnetawan average of 92 days.

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Description

186 ACRES of Beautiful Woodlands in Cottage Country (Algonquin Forest) near Ahmic Harbour on Ahmic Lake. Predominantly Lush Hardwood forests teaming with wildlife is a nature lover's Paradise. There are several meadows and creeks to be explored back further into the property. It has approximately 1,700' frontage on a year round paved municipal road opposite Cottage Estate Lots on Ahmic Lake. Hydro service at the road and excellent cell reception with high speed internet available. This is a very large private parcel which sits next to 100's of Acres of Crown Land. Ahmic Harbor Village is within a 5 minute walking distance giving access to the Famous Magnetawan River Navigation System, (40 mile waterway.) with Public Beach and docking near Crosswell Landing Marina. Development with severance potential also possible. Prime 4 season recreational area for Fishing, Hunting, Snowmobiling\\ATV and Boating. Come and view this unique Property and start creating Family memories. (id:66096)

Market Timing

Days on market

63d

Magnetawan listings, avg age

92d

Price / ft²

$1,845

List price

$645K

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 63 days, which is 29 days fresher than the city average of 92. Act while there is still low competition.

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Area context

Neighbourhood profile (P0A)

This home lists at $645,000, about 9.5× the local median household income of $68,000.

Carrying it typically needs a household income of about $125,991 (20% down, 25-yr amortization, stress-tested) — roughly 85% 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)

$645,000· $1,845/ft²

For sale

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23 AHMIC LAKE Road, Magnetawan - Vacant Land for Sale

Description

Property Details

Features

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Market Timing

Location

Nearby Places

Neighbourhood profile (P0A)

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