Two bedroom, two bath starter home or off water cottage sitting on a beautiful 10+ acre, partially cleared parcel of land boasting pristine and quiet country living and a night sky filled with stars. This home is well set back from the road which is great for kids. Travel down the flat driveway lined with mature trees to a vast open space currently frequented by deer and other wildlife. This property offers a relaxed space with easy access to adventure including a nearby 40 mile waterway offering all day boating, fishing, and watersports as well as smaller, quieter lakes to experience the serenity of a canoe or kayak helping you relax after a long week. Multiple provincial parks nearby offer hiking or x-country skiing trails or take the kids and spend the day at the public beach nearby. This close knit community offers a two country stores for a quick restock of necessities and one of the best public schools in the area within walking distance. Lions Park, also within walking distance, offers public skating in the winter months and hosts the local smelt festival every spring. Ample room for an additional garage if desired. The open area on this property is perfect for a garden or for hosting family and friends and their campers or tents for the annual reunion. Set up a horseshoe pit and play a classic summer game while the bonfire crackles in the background and everyone waits until after the BBQ to cook s'mores or roast marshmallows on a warm summer evening. This property truly has tons of potential and awaits your vision! Home was renovated in the past with R20 insulation on the exterior walls and extra insulation in the ceiling.
2 bedrooms, 1 bathroom, about 1,100 sq ft, works out to roughly $345 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 112 510 Hwy
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
1100-1500 sq ftas stated on the listing
Parking
9 spacesYes garage
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
9
Interior
Basement
None
Lot & land
Lot size (sqft)
10.9
Listing & possession
Property style
2-Storey
Property class
Detached
112 510 Hwy 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
$1,866
/mo
based on the purchase price of $379,900
$75,980 cash
$303,920 financed
$255,980 total interest
Principal54%$303,920
Interest46%$255,980
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-bed homes for sale in Magnetawan around $380K.
Average days on market42Homes sold in about 42 days on average.
Sale-to-list ratio93.6%On average, homes sold below asking.
Active listings70Homes for sale here right now.
Median vs prior 90 days−14.7%Compared with May 6 – Aug 4, 2026: prices down.
Based on 20 sales from Aug 4 – Nov 2, 2026 (13 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 112 510 Hwy
How much is 112 510 Hwy listed for?
112 510 Hwy is listed at $379,900 (MLS® X12984808). Summitly updates the price as soon as the MLS® record changes.
Is $379,900 a good price for 112 510 Hwy?
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 112 510 Hwy changed?
Yes — it was first listed at $399,900 and is now $379,900, a drop of $20,000 (5.0%).
How many bedrooms and bathrooms does 112 510 Hwy have?
112 510 Hwy has 2 bedrooms and 1 bathroom, with about 1,100–1,500 square feet of living space. It is a detached home in Magnetawan.
How much would the monthly mortgage be on 112 510 Hwy?
About $1,866 a month — principal and interest on $379,900 with 20% down ($75,980), 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 112 510 Hwy compare with other homes in Magnetawan?
Its asking price of $379,900 is about 4% above the median sold price in Magnetawan over the last 90 days, $367,000, across 20 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 112 510 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 112 510 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 112 510 Hwy?
112 510 Hwy is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 112 510 Hwy been on the market?
206 days — 112 510 Hwy was listed on April 10, 2026.
What is the price per square foot of 112 510 Hwy?
About $253 to $345 per square foot: the asking price of $379,900 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 112 510 Hwy have parking or a garage?
Yes — the listing gives 9 parking spaces. Garage: Yes.
Does 112 510 Hwy have a basement, and is it finished?
