288 River Road, Magnetawan, ON

$309,900
MLS#:X12264581
3 beds
1 baths
1500-2000 sqft
10.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["Bungalow-Raised"] detached located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $309,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 3 Bedrooms and 1 Bathroom
  • Generous living space spanning 1500-2000 sqft on a premium 238.31 x 165 ft lot
  • Features a ["separate entrance", "unfinished"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 10.0 total parking spaces available
  • Notable attributes: Primary Bedroom - Main Floor, Propane Tank, Storage
  • equipped with ["none"] central cooling and highly efficient forced air heating via propane

SPACIOUS 1786 SQ. FT 3 BEDROOM + DEN OPEN-CONCEPT BUNGALOW IDEALLY LOCATED ON A PRIVATE 1 ACRE TREED LOT ABUTTING THE DISTRESS RIVER FOR FISHING AND CANOEING OR KAYAKING THIS IS NOT WATERFRONT BUT IS A STONE'S THROW AWAY. PRIVATE COTTAGE/RETREAT OR YEAR ROUND 4 SEASON HOME WITH A SCREENED IN SUNROOM IN A QUIET RURAL SETTING. MUNICIPAL YEAR ROUND ROAD. PROPERTY IS PART OF AN ESTATE SALE. ONE OWNER HAS PASSED. SELLERS HAVE NOT LIVED IN THE PROPERTY SO IS BEING SOLD IN "AS IS" "WHERE IS" CONDITION WITH NO RPRESENTATIONS OR WARRANTIES. QUICK CLOSING AVAILABLE. FORCED AIR PROPANE FURNACE (2017), HOT WATER TANK (2017), WOODSTOVE (2015), FENCED DOG RUN AREA OFF BACK PORCH (2015), 2 DOUBLE PANE WINDOWS (2016), METAL ROOF, DRILLED WELL (2014). MAIN FLOOR LAUNDRY. WHITE FRIDGE, BLACK STOVE, WHITE WASHER AND WHITE DRYER + ONE FREEZER + B/I DISHWASHER INCLUDED. CIRCULAR DRIVEWAY IDEAL FOR TRAILER, BOATS AND SNOWMOBILES. GREAT ROOM MEASURES 38' x 11'8" FOR ENTERTAINING. MAIN BATHROOM HAS SEPARATE STAND UP SHOWER AND WHIRLPOOL TUB. 5 MINUTES TO VILLAGE OF MAGNETAWAN FOR WEEKEND FARMER'S MARKET, BAIT AND TACKLE, RESTAURANT, PUBLIC SCHOOL. BOAT LAUNCH INTO LAKE CECEBE & AHMIC LAKE. LCBO PLUS HOME HARDWARE, PARK AND MARINA ARE ALSO IN MAGNETAWAN. 15 MINUTES TO SUNDRIDGE FOR SHOPPING, RESTAURANTS, BOAT LAUNCH TO LAKE BERNARD, ROYAL BANK AND HOME HARDWARE. 4 SEASON RECREATIONAL AREA WITH LOTS OF FUN FOR THE WHOLE FAMILY! FIBER OPTICS INSTALLED AT THE ROAD TO BE CONNECTED IN THE NEAR FUTURE. LIVE WHERE YOU PLAY!

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Key Features

Bedrooms
3
Bathrooms
1
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 15, 2025
Sold price information is available to members only
Listed Date7/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionWood
Lot Size238.31 × 165 Feet
CountyParry Sound
Annual Tax$483.69
Legal DescriptionCON 7 PT LOT 26 PLAN 42R-5045 PART 1 TOWNSHIP OF MAGNETAWAN DISTRICT OF PARRY SOUND

Parking & Garage

Parking Spaces10.0
Garage Spaces10
Garage TypeNone

Heating & Cooling

Heat SourcePropane
Heat TypeForced Air
Cooling["None"]

Features

Property Features

Beach, Electric Car Charger, Lake Access, Marina, Rec./Commun.Centre, School

Community Features

Location

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288 River Road, Magnetawan, ON

City & Neighborhood Guide

Comprehensive neighborhood overview, demographics, and school rankings for Magnetawan, Magnetawan.

Verified Local Data
Population6,202,225
Median Age39.6 Yrs
Ownership65% Owners
Avg Area List Price$775,213

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 288 River Road, Magnetawan, ON P0A 1P0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$247,920
Monthly Mortgage$1,441
Property Tax (Est.)$40
Utilities & Maint.$350
Total Monthly Cost$1,831

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Magnetawan.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.