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187 Victoria Street

187 Victoria Street

Magnetawan, ON

  • 6 bed
  • 3 bath
  • approx. 1100-1500 sqft
  • Triplex
  • 33 days on market
$675,000

This easily maintained triplex is located on a one acre lot in the village of Magnetawan. The 3 individual apartments with separate hydro meters and private entrances, present an attractive income potential for the right individual. Each apartment offers 2 bedrooms, 1 bathroom, a kitchen/dining area and living room, as well as private laundry facilities. Recently renovated, the upper 1200 sf apartment is spacious with large windows, a 3pc bathroom and a small sun room overlooking the back yard. Facing a quiet residential street the front deck offers some private outdoor space. The 2 lower level apartments each include a 1-4pc bathroom as well as walkouts to a deck, with views of the backyard. These units are equipped with in floor radiant heating. The lot includes a drilled well and ample parking for the 3 residences. Several small out buildings are located on the property, providing outdoor storage areas. A post office, elementary school and the centre of town are all located within a short walking distance. Magnetawan also offers a community centre, library and outdoor arena, as well as access to the Magnetawan River waterway.

Listing Details

Taxes (2025)
$2,960
Listed
August 18, 2026

Price History

Property

Style
1 Storey/Apt
Construction
Vinyl Siding
Roof
Shingles
Foundation
Concrete
Interior
Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned
Lot Size
261.88 x 166.39 Feet

Parking

Garage
Detached
Covered Spaces
0
Total Parking
5

Utilities

Sewer
Septic
Heat Source
Oil

Location & Legal

Cross Street
Victoria & King
Parcel Number
520810140
Possession
Flexible
Occupancy
Partial

Schools

Elementary

  • Magnetawan Central Public School0.6 km

    Public · Near North DSB · 80 students

Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board.

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
$429,000
Homes sold
43
Median days on market
52
Sale-to-list price
92.7%

Based on 43 recorded sales of residential freehold properties in Magnetawan over the last 12 months.

Rooms

2 × 4-piece, 3-piece

Main

  • Bathroom11'2" x 6'7"
  • Bedroom13'1" x 11'4"
  • Bedroom 211'5" x 10'9"
  • Dining Room11'5" x 10'10"
  • Kitchen14'1" x 11'2"
  • Laundry9'3" x 8'6"
  • Living Room25'7" x 13'8"
  • Sunroom9'4" x 7'10"

Lower

  • Bathroom8'4" x 4'11"
  • Bathroom8'9" x 4'11"
  • Bedroom11'7" x 11'2"
  • Bedroom9'10" x 10'6"
  • Bedroom 210'11" x 10'6"
  • Bedroom 211'6" x 11'2"
  • Furnace Room7'1" x 7'3"
  • Kitchen12'6" x 8'10"
  • Kitchen12'6" x 9'2"
  • Living Room18'4" x 14'5"
  • Living Room18'8" x 10'6"

Listed by

RE/MAX Parry Sound Muskoka Realty Ltd

Walk Score

Walk Score is unavailable for this address right now.

Mortgage Calculator

$135,000

Estimated Monthly Payment

$3,316

Land transfer tax

Estimated land transfer tax$9,975

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: $3,316/mo (20% down, 5.5%)

Taxes: $247/mo · Insurance: $169/mo

Estimates only. Consult a financial advisor.

R

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