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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 101 days

    0 520 Highway

    Magnetawan·Magnetawan, ON·P0A 1P0·Near Hwy 520/Gordon Road

      0
    • Vacant Land
    Magnetawan real estate›X12904804
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    DEEDED ACCESS to Lake Cecebe over Ministry owned land that adjoins the property. Attractive 1.6 acre building lot just outside the quaint Village of Magnetawan on paved year round road. Minutes walk to Lions Park ( beach and playground). Near restaurants, unique shopping, walking trails, places of worship and recreational pavilion. Boat ramps offering access to Lake Cecebe or Ahmic. This is a great opportunity to enjoy perks of waterfront ownership without the tax bill ! Lot lines in diagram are approx

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • DEEDED ACCESS to Lake Cecebe over Ministry owned land that adjoins the property.
    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Mar 20, 2026ListedCurrentFor sale$279,000 —X12904804This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Listing & possession

      3
      Occupancy
      on closing
      Property style
      Other
      Property class
      Vacant Land
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 0 520 Highway
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $1,371
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $25
    0.11% mill rate · ON
    The market

    How this home sits in the Magnetawan market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Magnetawan market right now

    Average sold price, days on market, and closed-transaction count for Magnetawan — sourced from MLS®.

    • Avg sold price
      $549,417
      Last 30 days
    • Median sold price
      $440,000
      Middle of the market
    • Days on market
      38 d
      Avg from list to close
    • Closed last 30d
      12
      MLS® transactions
    Full Magnetawan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 0 520 Highway — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 0 520 Highway and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is 0 520 Highway listed for?

      0 520 Highway is listed at $279,000 on the MLS® (listing X12904804). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 0 520 Highway have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Not Applicable ac lot
  2. Asking
    $279,000
    MLS® X12904804
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $549,417
    $505,464Confidence range$593,370
    Asking vs estimate
    ↓below
    −$270,417
    (-49.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Magnetawan sell in about 38 days — this one has been listed 101 days.

    Avg sold price
    $549,417
    Median sold
    $440,000
    Avg days on market
    38
    Recently sold
    12
    See comparable sales
    Attractive 1.6 acre building lot just outside the quaint Village of Magnetawan on paved year round road.
  4. Minutes walk to Lions Park ( beach and playground).
  5. Lot lines in diagram are approx
  6. Ask Zara a follow-up
    Combined estimate
    $1,396
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $1,371
    /mo
    based on the purchase price of $279,000
    $55,800 cash
    $223,200 financed
    $187,993 total interest
    Monthly payment$1,371/ month
    Principal54%$223,200
    Interest46%$187,993

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Magnetawan

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • Lot 6 Con 5
      Sold
      Sign in for price
      Lot 6 Con 5
      Vacant Land
    • 124G Gordon Point Road
      Sold
      Sign in for price
      124G Gordon Point Road
      Vacant Land
    • 368 Simmons Lake Road
      Sold
      Sign in for price
      368 Simmons Lake Road
      Vacant Land
    • 0 15th/16th Side Road
      Sold
      Sign in for price
      0 15th/16th Side Road
      Vacant Land
    • 00 NEIGHICK Road
      Sold
      Sign in for price
      00 NEIGHICK Road
      Vacant Land
    • 131 MOONWING Road
      Sold
      Sign in for price
      131 MOONWING Road
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    0 520 HighwayThis home0 / 0—$279,000ask———
    Lot 6 Con 50 / 0——
    124G Gordon Point Road0 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Magnetawan

    Active listings within ±20% of this asking price.

    • 14 George Street
      $239,900
      14 George Street
      Vacant Land
    • 00 SOUTH HORN LAKE Road
      $299,900
      00 SOUTH HORN LAKE Road
      Vacant Land
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of Coldwell Banker Thompson Real Estate · displayed on Summitly per MLS® data-share rules

    0 520 Highway is a vacant land at Magnetawan, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was 0 520 Highway built?

    The year built for 0 520 Highway isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for 0 520 Highway?

    The 'Property tax' tab in the History section shows the most recent annual tax for 0 520 Highway plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on 0 520 Highway?

    The affordability calculator on this page shows an estimated monthly mortgage for $279,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has 0 520 Highway been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 0 520 Highway with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is 0 520 Highway in?

    0 520 Highway is in Magnetawan, Magnetawan. The 'Neighbourhood' section below links to the live Magnetawan real estate hub with average sold price, days on market, and current inventory.

  16. Is Magnetawan a good place to live?

    Magnetawan is one of ON's actively-tracked Summitly markets. The full Magnetawan real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  17. 368 Simmons Lake Road
    0 / 0
    —
    —
    0 15th/16th Side Road0 / 0——
    00 NEIGHICK Road0 / 0——
    131 MOONWING Road0 / 0——