287 Pine Rd is a 3-bedroom, 1-bathroom detached home in Magnetawan, listed for $599,000. It has 700-1100 sq ft of living space.
1The expansive 24' x 34' lakeside deck is the perfect place to entertain family and friends or simply unwind while taking in spectacular summer sunsets.
2In winter, enjoy skating, ice fishing, snowmobiling and cross-country skiing right from your doorstep.
Welcome to your perfect four-season waterfront retreat on one of Ontario's most enjoyable interconnected lake systems. Offering 100 feet of pristine west-facing shoreline, this charming cottage enjoys breathtaking sunset views, a gentle lot and shallow water entry-ideal for families with young children, grandchildren or anyone seeking effortless access to the waterfront. An exceptional entry into waterfront ownership, this inviting escape is designed for making memories in every season. The expansive 24' x 34' lakeside deck is the perfect place to entertain family and friends or simply unwind while taking in spectacular summer sunsets. Spend warm days swimming, fishing, boating and exploring the remarkable chain of navigable lakes from Crawford Lake through Beaver and Ahmic Lakes, continuing through the historic locks at Magnetawan to Lake Cecebe, Goose Lake and along the scenic Magnetawan River to the Town of Burk's Falls. In winter, enjoy skating, ice fishing, snowmobiling and cross-country skiing right from your doorstep. Thoughtfully updated for comfortable year-round living, the cottage features upgraded wall insulation, spray foam insulation beneath the structure, a commercial heater, gravel driveway, new electrical sub-panel (2024), new hot water tank (2024), 15 helical piles with cross-beam reinforcements (2024), re-shingled roof (2025), septic system replaced in 2016 and a Honeywell generator for added peace of mind. Annual private road fees of just $230* include year-round road maintenance and access. (*does not include snow removal) Adding to its appeal, the lake remains peaceful with relatively few cottages, while Crown land across the shoreline provides an unspoiled natural backdrop and exceptional privacy. Located just 2.5 hours north of Toronto, this outstanding waterfront property offers excellent swimming, fishing, endless boating and true four-season enjoyment. Some images may be digitally staged.
3 bedrooms, 1 bathroom, about 700 sq ft, works out to roughly $856 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 287 Pine Rd
Every detail from the listing, in one place.
Type
Detached
Style
Bungalow-Raised
Living space
700-1100 sq ftas stated on the listing
Parking
2 spaces
Basement
None
Features & systems
Parking & garage
Parking spaces
2
Interior
Basement
None
Lot & land
Lot size (sqft)
0.44
Listing & possession
Property style
Bungalow-Raised
Property class
Detached
287 Pine 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® X13505902$599,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 287 Pine Rd 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
$2,943
/mo
based on the purchase price of $599,000
$119,800 cash
$479,200 financed
$403,612 total interest
Principal54%$479,200
Interest46%$403,612
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.
Similar homes for sale nearby in Magnetawan
Other 3–5 bed homes for sale in Magnetawan around $599K.
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 287 Pine Rd
How much is 287 Pine Rd listed for?
287 Pine Rd is listed at $599,000 (MLS® X13505902). Summitly updates the price as soon as the MLS® record changes.
Is $599,000 a good price for 287 Pine Rd?
Summitly rates it Well Above Market: the asking price is 15% or more above 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 287 Pine Rd changed?
No — 287 Pine Rd is still listed at its original asking price of $599,000.
How many bedrooms and bathrooms does 287 Pine Rd have?
287 Pine Rd has 3 bedrooms and 1 bathroom, with about 700–1,100 square feet of living space. It is a detached home in Magnetawan.
How much would the monthly mortgage be on 287 Pine Rd?
About $2,943 a month — principal and interest on $599,000 with 20% down ($119,800), 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 287 Pine Rd compare with other homes in Magnetawan?
Its asking price of $599,000 is about 40% 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 287 Pine Rd been sold before?
Summitly has no earlier MLS® sale or lease of 287 Pine Rd on record from the last two years. Older records aren't shown under TRREB rules.
Where is 287 Pine Rd?
287 Pine Rd is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 287 Pine Rd been on the market?
114 days — 287 Pine Rd was listed on June 30, 2026.
What is the price per square foot of 287 Pine Rd?
About $545 to $856 per square foot: the asking price of $599,000 over the 700–1,100 sq ft the listing gives as its size range.
Does 287 Pine Rd have parking or a garage?
Yes — the listing gives 2 parking spaces.
Does 287 Pine Rd have a basement, and is it finished?
