This easily maintained triplex is located on a one acre lot in the village of Magnetawan. The 3 individual apartments with separate hydro meters and private entrances, present an attractive income potential for the right individual. Each apartment offers 2 bedrooms, 1 bathroom, a kitchen/dining area and living room, as well as private laundry facilities. Recently renovated, the upper 1200 sf apartment is spacious with large windows, a 3pc bathroom and a small sun room overlooking the back yard. Facing a quiet residential street the front deck offers some private outdoor space. The 2 lower level apartments each include a 1-4pc bathroom as well as walkouts to a deck, with views of the backyard. These units are equipped with in floor radiant heating. The lot includes a drilled well and ample parking for the 3 residences. Several small out buildings are located on the property, providing outdoor storage areas. A post office, elementary school and the centre of town are all located within a short walking distance. Magnetawan also offers a community centre, library and outdoor arena, as well as access to the Magnetawan River waterway.
6 bedrooms, 3 bathrooms, about 1,100 sq ft, works out to roughly $614 per square foot. Chat with Zara if you'd like a deeper read on whether this triplex fits your budget and timing.
Inside 187 Victoria St
Every detail from the listing, in one place.
Type
Triplex
Style
1 Storey/Apt
Living space
1100-1500 sq ftas stated on the listing
Parking
5 spacesYes garage
Basement
Finished with Walk-Out
Features & systems
Parking & garage
Garage
Yes
Parking spaces
5
Interior
Basement
Finished with Walk-Out
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Triplex
187 Victoria St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13685834$675,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 187 Victoria St Compares to the Magnetawan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
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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
$3,316
/mo
based on the purchase price of $675,000
$135,000 cash
$540,000 financed
$454,822 total interest
Principal54%$540,000
Interest46%$454,822
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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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Keep looking near 187 Victoria St
Homes for sale in Magnetawan
Every active Magnetawan MLS® listing, updated all day.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio94.4%On average, homes sold below asking.
Active listings74Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 21 sales from Jul 24 – Oct 22, 2026 (14 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 187 Victoria St
How much is 187 Victoria St listed for?
187 Victoria St is listed at $675,000 (MLS® X13685834). Summitly updates the price as soon as the MLS® record changes.
Is $675,000 a good price for 187 Victoria St?
Summitly rates it Good Deal: the asking price is 3% to 10% 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 187 Victoria St changed?
No — 187 Victoria St is still listed at its original asking price of $675,000.
How many bedrooms and bathrooms does 187 Victoria St have?
187 Victoria St has 6 bedrooms and 3 bathrooms, with about 1,100–1,500 square feet of living space. It is a triplex in Magnetawan.
How much would the monthly mortgage be on 187 Victoria St?
About $3,316 a month — principal and interest on $675,000 with 20% down ($135,000), 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 187 Victoria St compare with other homes in Magnetawan?
Its asking price of $675,000 is about 57% above the median sold price in Magnetawan over the last 90 days, $429,000, across 21 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 187 Victoria St been sold before?
Summitly has no earlier MLS® sale or lease of 187 Victoria St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 187 Victoria St?
187 Victoria St is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 187 Victoria St been on the market?
65 days — 187 Victoria St was listed on August 18, 2026.
What is the price per square foot of 187 Victoria St?
About $450 to $614 per square foot: the asking price of $675,000 over the 1,100–1,500 sq ft the listing gives as its size range.
Does 187 Victoria St have parking or a garage?
Yes — the listing gives 5 parking spaces. Garage: Yes.
Does 187 Victoria St have a basement, and is it finished?
The listing describes the basement as: Finished with Walk-Out.
