If you've been thinking about downsizing, this may be your moment to shift into a lifestyle that offers more peace, purpose, and possibility. Located on 1 acre of private forest having 148 ft of direct waterfront on the Magnetawan River, Poverty Bay Chutes, perfect for the kayaking enthusiast. 26 Magnet Road invites you to create something that truly reflects the next chapter of your life. With hydro and telephone already at the lot line and this south-facing lot offers the rare blend of affordability, flexibility, and natural beauty. Its a place where you can start your mornings with a walk in the forest exploring the flora and listening to the running water and the sound of birds instead of traffic, and end your day watching the sunset over the water. Access to Poverty Bay is just down the road at the boat launch allowing you to pop in the fishing boat and troll the Bay! Although it is a country paradise it is only 45 minutes from Parry Sound and 1 hour to North Bay and close to smaller, vibrant villages. Whether you're envisioning a year-round home, a seasonal escape, or simply a quieter, more intentional pace of living, this property makes that possible. The driveway is already in and the potential building site is cleared of trees. Sometimes, the best way forward is to simplify and the right setting can make all the difference so that you can Be Where You Want To Be.
works out to roughly $286 per square foot. Chat with Zara if you'd like a deeper read on whether this land fits your budget and timing.
Inside 26 Magnet Rd
Every detail from the listing, in one place.
Type
Land
Living space
< 700 sq ftas stated on the listing
Features & systems
Lot & land
Lot size (sqft)
1
Listing & possession
Property class
Vacant Land
26 Magnet Rd 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 →
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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
$982
/mo
based on the purchase price of $199,900
$39,980 cash
$159,920 financed
$134,695 total interest
Principal54%$159,920
Interest46%$134,695
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.
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 26 Magnet Rd
How much is 26 Magnet Rd listed for?
26 Magnet Rd is listed at $199,900 (MLS® X13135282). Summitly updates the price as soon as the MLS® record changes.
Is $199,900 a good price for 26 Magnet Rd?
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 26 Magnet Rd changed?
Yes — it was first listed at $209,995 and is now $199,900, a drop of $10,095 (4.8%).
How many bedrooms and bathrooms does 26 Magnet Rd have?
26 Magnet Rd has about 700 square feet of living space. The listing doesn't publish a bedroom or bathroom count. It is a lot in Magnetawan.
How much would the monthly mortgage be on 26 Magnet Rd?
About $982 a month — principal and interest on $199,900 with 20% down ($39,980), 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 26 Magnet Rd compare with other homes in Magnetawan?
Its asking price of $199,900 is about 53% below 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 26 Magnet Rd been sold before?
Summitly has no earlier MLS® sale or lease of 26 Magnet Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 26 Magnet Rd?
26 Magnet Rd is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 26 Magnet Rd been on the market?
161 days — 26 Magnet Rd was listed on May 14, 2026.
What is the price per square foot of 26 Magnet Rd?
About $286 per square foot: the asking price of $199,900 over the 700 sq ft the listing gives.
What is the lot size of 26 Magnet Rd?
The lot is 25.995 acres, as published in the listing.
What is the land transfer tax on 26 Magnet Rd?
About $1,724 in Ontario land transfer tax at the asking price of $199,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.