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What this listing tells us
Escape to the serenity of the Magnetawan River with this private, 3-bedroom, 1.5-bathroom home or cottage retreat. Nestled in a peaceful setting with no neighbours in sight, this property offers over 100 feet of direct frontage on the river, providing stunning, unobstructed water views and the perfect backdrop for relaxation. The main level boasts an open-concept design filled with natural light and breathtaking river vistas. Gather in the spacious living area around the charming stone fireplace, or step out onto the expansive deck to enjoy your morning coffee while overlooking the water. The well-equipped kitchen and included furnishings make this property truly move-in ready ideal for immediate enjoyment or as a turn-key rental investment. The lower level features a full walk-out basement with a woodstove, offering excellent potential for finishing into additional living space, a recreation room, or guest quarters. With a forced air furnace for comfort year-round, this home is equally suited as a full-time residence or a seasonal escape. Outdoors, the large lot provides ample space for activities, with direct river access for boating to Lake Cecebe and Lake Ahmic, swimming, kayaking, or simply enjoying the peaceful natural surroundings. The Magnetawan River is renowned for its beauty, connecting to miles of navigable waterways, while the nearby village of Burks Falls offers charming shops, dining, and essential amenities. Whether you're seeking a cozy family cottage, a private year-round residence, or a ready-to-go investment property, this rare offering combines privacy, comfort, and natural beauty in one remarkable package. Turn the key, settle in, and start making memories by the river.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 7, 2026 | ListedCurrent | For sale | $524,800 | — | X13534836 | This page |
| May 12, 2026 | Previously listed | Ter | $588,800 | — | X13119260 | View |
| Feb 11, 2026 | Previously listed | Exp | $628,800 | — | X12779774 | View |
| Nov 10, 2025 | Previously listed | Exp | $628,800 | — | X12531032 | View |
| Sep 13, 2025 | Previously listed | Ter | $670,000 | — | X12401928 | View |
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
- Forced Air
- Air conditioning
- None
- Fireplaces
- 1
- Water source
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- River/Stream
- Sloping
- Waterfront
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.
How this home sits in the Burk's Falls market
Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.
The Burk's Falls market right now
Average sold price, days on market, and closed-transaction count for Burk's Falls — sourced from MLS®.
- Avg sold price$321,500Last 30 days
- Median sold price$327,500Middle of the market
- Days on market40 dAvg from list to close
- Closed last 30d5MLS® transactions
We'll get you into 249 River Drive — 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 249 River Drive and found nothing flagged. We re-check automatically as new records publish.
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 249 River Drive listed for?
249 River Drive is listed at $524,800 on the MLS® (listing X13534836). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 249 River Drive 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.
