5403A Highway 124 Highway, Magnetawan

$999,000
5403A Highway 124 Highway

$999,000

New
182d
Industrial

5403A Highway 124 Highway, Magnetawan

Total Monthly Obligation $4,581

Beds
0
Baths
0
Park
0
DOM
182d
Property Type-Industrial
MLS® Number-X13043202
Beds-0
Lot Size-14.88 Acres
Listed on site-Apr 24, 2026
Building Type-Industrial
Taxes-$2,118.55 (2025)
Parking-Single Detached
Heating-None
Brokerage-ROYAL LEPAGE MEADOWTOWNE REALTY
Cooling-No
Fireplace-No
Pool-None
Sewer-Septic
Possession-30-60
Neighbourhood-Ahmic Harbour
Title-Commercial

No agent assigned

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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Closing Costs

Mortgage Amount
$799,200
Land Transfer Taxes$16,455
Legal Fees (Est.)
$
Total cash required for closing$217,755

Total Monthly Obligation

$4,581/mo
Mortgage $4,030
Monthly Loss $3,521
Principal$1,060
Interest$2,969
Property Tax$177
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 5403A Highway 124 Highway

Time

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