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5403A Highway 124 Highway

5403A Highway 124 Highway

Magnetawan, ON

  • 14 sqft
  • Industrial
  • 132 days on market
$999,000

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. 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, paddle boarding, and fishing. Boaters will appreciate over 70km of navigable waterways through the Magnetawan Locks system leading to Burk's Falls. Ahmic Lake stretches approximately 19km 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
Listed
April 24, 2026

Price History

Listing history

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Parking

Garage
Single Detached

Utilities

Sewer
Septic

Location & Legal

Cross Street
Highway 124 & Knoepfli Falls
Zoning
RS. CG, EP
Parcel Number
520840330
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Other
Office / Apartment Area
240 Sq Ft

Included

Inclusions
Fridge, Stove, 2 Oil Tanks
Rental Items
2 Hot Water Heaters

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

Commercial 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 commercial properties in Magnetawan over the last 12 months.

Listed by

ROYAL LEPAGE MEADOWTOWNE REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Annual property tax
$2,119

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions Incredible versatility with two separate residential homes, a large traditional barn, and a massive commercial-zoned workshop/garage.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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