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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Lots & Land in Magnetawan
About 207 East Poverty Bay Road
A Beautiful 165 acres of mature forest on a year round Municipal road. This property is teaming with an abundance of wildlife of every kind. 2 parcels (65.188 and 99.815 acres abutting each other) are a mixture of mature hardwood Muskoka forest, coniferous glens with a pond and wetlands at the back. The depth of the property is more than 7,000 and is crisscrossed with numerous ATV trails and 100+ year old logging roads. This is the perfect location to build your dream home in the Famous Almaguin Highlands. Call right now to inspect this rare offering and don't forget camera and hiking boots. You are going to fall in love with this Estate worthy acreage, Guaranteed !
Magnetawan land priced at $389,900 — book a tour to see if it fits your search.
Inside 207 East Poverty Bay Rd
Every detail from the listing, in one place.
Type
Land
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Vacant Land
207 East Poverty Bay Rd Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13248014$389,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 207 East Poverty Bay Rd Compares to the Magnetawan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$1,915
/mo
based on the purchase price of $389,900
$77,980 cash
$311,920 financed
$262,719 total interest
Principal54%$311,920
Interest46%$262,719
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
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.
For homeowners nearby
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Book a tour of 207 East Poverty Bay Rd with a licensed buyer's agent
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Zara · AI virtual agent
Ask about 207 East Poverty Bay Rd day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
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.
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 207 East Poverty Bay Rd
How much is 207 East Poverty Bay Rd listed for?
207 East Poverty Bay Rd is listed at $389,900 (MLS® X13248014). Summitly updates the price as soon as the MLS® record changes.
Has the price of 207 East Poverty Bay Rd changed?
No — 207 East Poverty Bay Rd is still listed at its original asking price of $389,900.
How many bedrooms and bathrooms does 207 East Poverty Bay Rd have?
The listing for 207 East Poverty Bay Rd doesn't publish its bedroom and bathroom count. It is a lot in Magnetawan.
How much would the monthly mortgage be on 207 East Poverty Bay Rd?
About $1,915 a month — principal and interest on $389,900 with 20% down ($77,980), 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 207 East Poverty Bay Rd compare with other homes in Magnetawan?
Its asking price of $389,900 is about 14% below 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 207 East Poverty Bay Rd been sold before?
Summitly has no earlier MLS® sale or lease of 207 East Poverty Bay Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 207 East Poverty Bay Rd?
207 East Poverty Bay Rd is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 207 East Poverty Bay Rd been on the market?
162 days — 207 East Poverty Bay Rd was listed on June 4, 2026.
What is the lot size of 207 East Poverty Bay Rd?
The lot is 100 acres, as published in the listing.
What is the land transfer tax on 207 East Poverty Bay Rd?
About $4,324 in Ontario land transfer tax at the asking price of $389,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 207 East Poverty Bay Rd or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 207 East Poverty Bay Rd?
The listing for 207 East Poverty Bay Rd doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Magnetawan.