116 days on market
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$1,500,000
For Sale

5403a Highway 124 Highway

Magnetawan

2 Bed|1 Bath|Yes|116 days on market

$1,500,000

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Home Details

Taxes
$177 / month
Total Parking Spots
28
Garage Spaces
22
Furnished
No
Move-in Date
TBD
Hydro Included
No
Heating
Forced Air
Water Included
No
Family Room
Yes
Basement
Unfinished
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Board & Batten , Shingle
Zoning
Shoreline residential, Farm, Commercial
Sewer
Septic
Property Type
Residential Freehold
Status
New
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Listing Description

WOW! Exceptional waterfront acreage on Ahmic Lake and the Magnetawan River in Ahmic Harbour, Magnetawan. This rare offering showcases 15 acres of partially cleared land with extensive waterfront and sweeping scenic views. The property includes two houses, a barn, and an oversized commercial-zoned workshop, creating exceptional residential, recreational, and income-generating potential. Ideally situated near Knoepfli Falls and the picturesque outflow from Ahmic Lake into the Magnetawan River, the setting is truly remarkable. Zoning includes a mix of Shoreline Residential, Environmental Protection, Farm, and Commercial. Tilson Creek Rd., is an easement road maintained by the municipality, ensuring reliable year-round access. The land has been held in the Tilson family since being granted by Queen Victoria in 1886, adding historical significance to this unique property. Summers on the lake are outstanding, with calm, clear waters perfect for canoeing, kayaking, paddleboarding, and fishing. Boaters will appreciate over 70 km of navigable waterways through the Magnetawan Locks system leading to Burk's Falls. Anmic Lake stretches approximately 19 km and connects to Neighick and Crawford Lakes via marked navigation channels. The broader Magnetawan region is cherished for its natural beauty-parks, beaches, scenic lookouts, waterfalls, historic locks, recreational facilities, hiking trails, and the Heritage Centre Museum. Residents and visitors enjoy true four-season living, including fishing, hunting, snowmobiling, boating, and swimming. The Municipality of Magnetawan is conveniently located about 45 minutes from Parry Sound, Huntsville, and North Bay. A rare opportunity to own a versatile and scenic waterfront estate in one of Northern Ontario's most sought-after lake communities.

Mortgage Calculator

Your estimated monthly payment for 5403a Highway 124 Highway is 7,571

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$1,500,000
Down Payment$300,000
Mortgage Insurance$0
Total Mortgage$1,200,000

Monthly Payment


Mortgage Payment$7,395
Property Taxes$177
Maintenance Fees$0
Monthly Payment$7,571
$7,571
monthly

About 5403a Highway 124 Highway, Magnetawan

Located at 5403a Highway 124 Highway , this Magnetawan house is available for sale. This property was listed for $1,500,000 on Thu Dec 11 2025. It has 2 bedrooms and 1 bathroom. The property's amenities include Clear View, Lake/Pond, River/Stream, Waterfront. The property includes the following rooms: . This property comes with 28 parking spots.


MLS#: undefined · $1,500,000 · 2 bedroom house in Magnetawan