$439,900
Magnetawan
#46 180 Forest Lane, Magnetawan, Ontario, P0A1A0
This 2-bedroom, 1-bathroom home in Magnetawan is for sale offering roughly 900 sq ft of space. Listed at $439,900, it is attractively priced about 37% below the $699,000 median asking price in Magnetawan. It has been on the market 2 days, fresher than the Magnetawan average of 92 days.
An affordable,turn-key way to enjoy waterfront cottaging for all ages in Lost Forest Park - a private, park-like peninsula on Beaver (Neghik) Lake in Magnetawan's Ahmic Lake system, part of a 40-mile waterway system w/ great fishing & for all boating activities.Water on both sides of the peninsula, days here start w/a sunrise & end w/ a sunset.This is a park to explore: 55 acres to wander,for walks w/ family, friends & pets.Swim at two sandy beaches w/ gentle entry for all ages, gather at the community clubhouse, w/community showers & bathrooms. It is a community of 50 sites w/a neighbourhood feel - friendly & social when you want it - while your site enjoys a buffer of privacy from neighbouring sites.From your shared dock,head out through the connecting lakes & locks,or cast a line close to home; the beach is a short walk away.The site is level, w/ a deck w/ lake & shared dock views & a fire pit area. 40' x 12' Northlander w/ a large living space, kitchen w/dining area,2 bedroom & a four-piece bathroom, steel roof, newer flooring & propane heat & A/C w/. Potential to add a 40 x 24 room .Two sheds w/ hydro,Weber BBQ on the main propane tank, & Bell satellite & tower internet dishes complete the setup.Annual park maintenance fee is currently $1,300 plus tax, covering road maintenance, common area grass cutting & potable water; the water is lake-drawn & tested daily,Magnetawan village,15 min away, has groceries,LCBO, Home Hardware, library, farmers' market & Magnetawan Locks. Dunchurch for nursing station, pharmacy, shopping, restaraunts & services, & Parry Sound for the hospital, dining & entertainment,including the Festival of the Sound.Area highlights: Camp Chikopi & Camp Ak-O-Mak on Ahmic Lake,Golf at Ahmic Lake Golf Club,provincial parks,trails & local festivals & events. 1/50 shares with designated site. Trailer/cottage is privately owned.Frontage is approx shared beachfront. Buyers will have to be approved by corporation & answer skill testing questions (id:66096)
Features and services as supplied by the listing brokerage.
Just listed: 2 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 2-bed single family in Magnetawan has been listed for 2 days, which is 90 days fresher than the city average of 92. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $439,900, about 6.5× the local median household income of $68,000.
Carrying it typically needs a household income of about $85,928 (20% down, 25-yr amortization, stress-tested) — roughly 26% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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