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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 — RECO Registration #6018570.

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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 78 days

    175 Old Man's Lake Lane

    ·Magnetawan, ON··

    • 5 beds
    Magnetawan real estate›X13106050
    • 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

    *** Visit the REALTOR website for further information about this Listing *** aradise Found! Set in a serene and private location on the shores of Old Mans Lake, this exceptional property offers 348 feet of pristine lake frontage on over 8 acres of land. The gently sloping lot leads to the water's edge, providing plenty of usable space and direct access to a good-sized lake ideal for all types of water activities, from boating and swimming to snowmobiling in the winter. Both summer and winter fishing are enjoyed here, making it a true year-round retreat. Inside, the primary suite features a luxurious ensuite with an Ultra Thermo-Masseur massage bath for the ultimate in relaxation. The lower level offers a spacious recreation room complete with a large plasma TV and a cozy wood stove, perfect for family gatherings or movie nights. A convenient kitchenette with a sink, small fridge, and microwave makes this level a great candidate for a guest suite, especially with its separate entrance. Comfort is assured year-round with an upgraded geothermal system, delivering efficient heating in the winter and cooling in the summer, complemented by additional infrared heating on the lower level. Turn-key summer rental with excellent income potential. Making it move-in ready Whether you're looking for a peaceful family getaway, a recreational paradise, this stunning lakefront estate truly has it all.

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

    AI highlights by Zara
    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
    May 8, 2026ListedCurrentFor sale$1,420,000 —X13106050This page
    Oct 1, 2025Previously listedTer$1,385,000 —X12437666View
    Aug 12, 2025Previously listedTer$1,385,000 —X12340956View
    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.

    • Systems

      5
      Heating
      Heat Pump
      Air conditioning
      Central Air
      Fireplaces
      1
      Water source
    Location & lifestyle

    Getting around, schools & the block

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

    📍 175 Old Man's Lake Lane
    What's nearby

    Points of interest classified by the MLS® feed.

    • Lake Access
    • Lake/Pond
    • River/Stream
    • Sloping
    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
    $6,976
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $563
    0.48% 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
      $708,909
      Last 30 days
    • Median sold price
      $430,000
      Middle of the market
    • Days on market
      42 d
      Avg from list to close
    • Closed last 30d
      11
      MLS® transactions
    Full Magnetawan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 175 Old Man's Lake Lane — 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 175 Old Man's Lake Lane 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 175 Old Man's Lake Lane listed for?

      175 Old Man's Lake Lane is listed at $1,420,000 on the MLS® (listing X13106050). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 175 Old Man's Lake Lane 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. 3 baths
  2. 2500-3000 sqft
  3. Detached
  4. Built 16-30
  5. 5-9.99 ac lot
  6. Asking
    $1,420,000
    $0 / sqft · MLS® X13106050
    Chat Zara
  7. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $964,116
    $886,987Confidence range$1,041,246
    Asking vs estimate
    ↑↑well-above
    +$455,884
    (+47.3%)
    Asking is well above
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 5 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Magnetawan sell in about 42 days — this one has been listed 78 days.

    Avg sold price
    $708,909
    Median sold
    $430,000
    Avg days on market
    42
    Recently sold
    11
    See comparable sales
    • The gently sloping lot leads to the water's edge, providing plenty of usable space and direct access to a good-sized lake ideal for all types of water activities, from boating and swimming to snowmobiling in the winter.
    • Inside, the primary suite features a luxurious ensuite with an Ultra Thermo-Masseur massage bath for the ultimate in relaxation.
    • The lower level offers a spacious recreation room complete with a large plasma TV and a cozy wood stove, perfect for family gatherings or movie nights.
    • A convenient kitchenette with a sink, small fridge, and microwave makes this level a great candidate for a guest suite, especially with its separate entrance.
    Ask Zara a follow-up
    Well
    Sewer
    Septic
  8. Parking & garage

    4
    Garage
    Attached
    Garage spaces
    2
    Parking spaces
    10
    Driveway
    Private
  9. Interior

    4
    Basement
    Separate Entrance
    Family room
    Y
    Kitchens
    1
    Total rooms
    2
  10. Exterior & construction

    6
    Exterior
    Wood
    Roof
    Metal
    Foundation
    Concrete
    View
    Creek/Stream, Garden, Lake, Skyline, Trees/Woods, Water
    Waterfront
    Y
    Pool
    None
  11. Lot & land

    2
    Year built
    16-30
    Zoning
    WF
  12. Listing & possession

    3
    Occupancy
    Negotiable
    Property style
    2-Storey
    Property class
    Detached
  13. Waterfront
  14. Wooded/Treed
  15. Combined estimate
    $7,539
    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
    $6,976
    /mo
    based on the purchase price of $1,420,000
    $284,000 cash
    $1,136,000 financed
    $956,810 total interest
    Monthly payment$6,976/ month
    Principal54%$1,136,000
    Interest46%$956,810

    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 detacheds that just sold in Magnetawan

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

    • 775 Rosskopf Road
      Sold
      Sign in for price
      775 Rosskopf Road
      Detached
    • 454 Silver Lake Road
      Sold
      Sign in for price
      454 Silver Lake Road
      Detached
    • 344 East Whalley Lake Road
      Sold
      Sign in for price
      344 East Whalley Lake Road
      Detached
    • 204 Wurm Road
      Sold
      Sign in for price
      204 Wurm Road
      Detached
    • 276 Wurm Road
      Sold
      Sign in for price
      276 Wurm Road
      Detached
    • 142B KIRKPATRICKS Road
      Sold
      Sign in for price
      142B KIRKPATRICKS Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    175 Old Man's Lake LaneThis home5 / 325,003,000$1,420,000ask———
    775 Rosskopf Road4 / 22,000—
    454 Silver Lake Road4 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.
    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.

  16. One team, no handoffs

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

  17. Showings on YOUR schedule

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

  18. Mortgage that closes

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

  19. Public listing courtesy of EASY LIST REALTY LTD. · displayed on Summitly per MLS® data-share rules

    175 Old Man's Lake Lane is a 5-bedroom, 3-bath, 2500-3000 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  20. When was 175 Old Man's Lake Lane built?

    175 Old Man's Lake Lane was built in 16-30. Construction style, foundation, roof material, and EnerGuide rating (when published) are in the 'Features' section above.

  21. What is the property tax for 175 Old Man's Lake Lane?

    The 'Property tax' tab in the History section shows the most recent annual tax for 175 Old Man's Lake Lane plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  22. How much would the monthly mortgage be on 175 Old Man's Lake Lane?

    The affordability calculator on this page shows an estimated monthly mortgage for $1,420,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  23. Has 175 Old Man's Lake Lane been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 175 Old Man's Lake Lane with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  24. What neighbourhood is 175 Old Man's Lake Lane in?

    175 Old Man's Lake Lane is in Spence, Magnetawan. The 'Neighbourhood' section below links to the live Magnetawan real estate hub with average sold price, days on market, and current inventory.

  25. 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.

  26. 344 East Whalley Lake Road
    4 / 2
    1,100
    —
    204 Wurm Road4 / 31,500—
    276 Wurm Road4 / 21,100—
    142B KIRKPATRICKS Road6 / 22,750—