$599,000
Magnetawan
287 Pine Road, Magnetawan, Ontario, P0A1P0
This 3-bedroom, 1-bathroom home in Magnetawan is for sale offering roughly 900 sq ft of space. Listed at $599,000, it is attractively priced about 14% below the $699,000 median asking price in Magnetawan.
Welcome to your perfect four-season waterfront retreat on one of Ontario's most enjoyable interconnected lake systems. Offering 100 feet of pristine west-facing shoreline, this charming cottage enjoys breathtaking sunset views, a gentle lot and shallow water entry-ideal for families with young children, grandchildren or anyone seeking effortless access to the waterfront. An exceptional entry into waterfront ownership, this inviting escape is designed for making memories in every season. The expansive 24' x 34' lakeside deck is the perfect place to entertain family and friends or simply unwind while taking in spectacular summer sunsets. Spend warm days swimming, fishing, boating and exploring the remarkable chain of navigable lakes from Crawford Lake through Beaver and Ahmic Lakes, continuing through the historic locks at Magnetawan to Lake Cecebe, Goose Lake and along the scenic Magnetawan River to the Town of Burk's Falls. In winter, enjoy skating, ice fishing, snowmobiling and cross-country skiing right from your doorstep. Thoughtfully updated for comfortable year-round living, the cottage features upgraded wall insulation, spray foam insulation beneath the structure, a commercial heater, gravel driveway, new electrical sub-panel (2024), new hot water tank (2024), 15 helical piles with cross-beam reinforcements (2024), re-shingled roof (2025), septic system replaced in 2016 and a Honeywell generator for added peace of mind. Annual private road fees of just $230* include year-round road maintenance and access. (*does not include snow removal) Adding to its appeal, the lake remains peaceful with relatively few cottages, while Crown land across the shoreline provides an unspoiled natural backdrop and exceptional privacy. Located just 2.5 hours north of Toronto, this outstanding waterfront property offers excellent swimming, fishing, endless boating and true four-season enjoyment. Some images may be digitally staged. (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.
Long Listed: 127 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 3-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 $599,000, about 8.8× the local median household income of $68,000.
Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 72% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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