5403A Highway 124 Highway
Magnetawan, ON
- 2 bed
- 1 bath
- approx. 700-1100 sqft
- Detached
- 267 days on market
WOW! Exceptional Waterfront Acreage on Ahmic Lake & Magnetawan River. This rare, high-income potential property features over 600 ft of pristine shoreline on 15 acres of partially cleared land with sweeping scenic views. Incredible versatility with two separate residential homes, a large traditional barn, and a massive commercial-zoned workshop/garage. Unmatched residential, recreational, or business potential in the heart of Ahmic Harbour. Don't miss this one-of-a-kind package! 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.
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Listing Details
- Taxes (2025)
- $2,119
- Originally Listed
- $1,500,000
- Listed
- December 9, 2025
Price History
Listing history
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Property
- Style
- 2-Storey
- Age
- 51-99
- Construction
- Board & Batten, Shingle
- Roof
- Metal
- Foundation
- Concrete, Stone
- Interior
- Primary Bedroom - Main Floor
Parking
- Garage
- Detached
- Covered Spaces
- 6
- Total Parking
- 28
Utilities
- Water
- Drilled Well
- Sewer
- Septic
- Heat Source
- Oil
Location & Legal
- Cross Street
- Ahmic Harbour & Highway 124
- Zoning
- Shoreline residential, Farm, Commercial
- Parcel Number
- 520840330
- Possession
- Other
- Occupancy
- Owner
Included
- Inclusions
- Fridge, Stove, Washer, Dryer
Waterfront
- Water Body
- Ahmic Lake
- Shoreline
- Clean, Soft Bottom
- Docking
- None
Property Insights
AI-generated from listing photos. Not professional advice.
Community
Postal area P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Magnetawan · last 12 months
- Median sold price
- $427,000
- Homes sold
- 46
- Median days on market
- 48
- Sale-to-list price
- 92.8%
Based on 46 recorded sales of residential freehold properties in Magnetawan over the last 12 months.
Rooms
3-piece on Main
Second
- Bedroom26'3" x 11'10"
Main
- Bedroom 29'10" x 9'6"
- Dining Room11'6" x 9'10"
- Kitchen16'5" x 12'6"
- Living Room20'8" x 9'10"
Listed by
ROYAL LEPAGE MEADOWTOWNE REALTY
Walk Score
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Location
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Mortgage Calculator
$199,800
Estimated Monthly Payment
$4,908
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $4,908/mo (20% down, 5.5%)
Taxes: $177/mo · Insurance: $250/mo
Estimates only. Consult a financial advisor.
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