Enjoy 160 feet of frontage on beautiful Ahmic Lake in Magnetawan, with approximately 40 miles of boating accessible right from your own dock. This unique offering includes two half-acre lots. One waterfront lot and a second lot featuring a 3-bedroom, 1.5-bathroom year-round home. The home offers comfortable living space with decks at both the front and rear, providing plenty of room to relax and enjoy the outdoors. The spacious rear deck includes a gazebo, creating an ideal setting for entertaining, dining or simply taking in the peaceful surroundings. The home is heated primarily by a newer propane forced-air furnace and features convenient on-demand hot water. The basement has a ground-level entrance and offers excellent potential to be finished into additional living space, providing an opportunity to further customize the home to suit your needs. A detached two-car garage with a garage door opener provides ample room for vehicles, recreational toys or a workshop. An additional storage shed offers convenient space for lawn furniture, tools and other seasonal items. The home features attractive wood siding and a durable metal roof. While the interior would benefit from some updating, the property offers a solid foundation and plenty of potential for those looking to create their ideal waterfront retreat. Whether you're looking for a year-round residence, a seasonal getaway or a property with room to grow, this is an excellent opportunity to enjoy the boating, recreation and natural beauty that the Magnetawan and Ahmic Lake area have to offer.
3 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $499 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 109 Patrick St
Every detail from the listing, in one place.
Type
Detached
Style
Backsplit 3
Living space
1500-2000 sq ftas stated on the listing
Parking
10 spacesYes garage
Basement
Separate Entrance, Development Potential
Features & systems
Parking & garage
Garage
Yes
Parking spaces
10
Interior
Basement
Separate Entrance · Development Potential
Lot & land
Lot size (sqft)
1
Listing & possession
Property style
Backsplit 3
Property class
Detached
109 Patrick St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,680
/mo
based on the purchase price of $749,000
$149,800 cash
$599,200 financed
$504,684 total interest
Principal54%$599,200
Interest46%$504,684
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Magnetawan
Other 3–4 bed homes for sale in Magnetawan around $749K.
Average days on market43Homes sold in about 43 days on average.
Sale-to-list ratio93.6%On average, homes sold below asking.
Active listings68Homes for sale here right now.
Median vs prior 90 days+2.7%Compared with May 17 – Aug 15, 2026: prices up.
Based on 22 sales from Aug 15 – Nov 13, 2026 (12 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 109 Patrick St
How much is 109 Patrick St listed for?
109 Patrick St is listed at $749,000 (MLS® X13664192). Summitly updates the price as soon as the MLS® record changes.
Is $749,000 a good price for 109 Patrick St?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Magnetawan. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 109 Patrick St changed?
Yes — it was first listed at $799,000 and is now $749,000, a drop of $50,000 (6.3%).
How many bedrooms and bathrooms does 109 Patrick St have?
109 Patrick St has 3 bedrooms and 1 bathroom, with about 1,500–2,000 square feet of living space. It is a detached home in Magnetawan.
How much would the monthly mortgage be on 109 Patrick St?
About $3,680 a month — principal and interest on $749,000 with 20% down ($149,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 109 Patrick St compare with other homes in Magnetawan?
Its asking price of $749,000 is about 66% above the median sold price in Magnetawan over the last 90 days, $452,000, across 22 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 109 Patrick St been sold before?
Summitly has no earlier MLS® sale or lease of 109 Patrick St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 109 Patrick St?
109 Patrick St is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 109 Patrick St been on the market?
94 days — 109 Patrick St was listed on August 11, 2026.
What is the price per square foot of 109 Patrick St?
About $375 to $499 per square foot: the asking price of $749,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 109 Patrick St have parking or a garage?
Yes — the listing gives 10 parking spaces. Garage: Yes.
Does 109 Patrick St have a basement, and is it finished?
The listing describes the basement as: Separate Entrance, Development Potential.
