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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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    For sale On market 104 days

    2899 Midlothian Road South Road S

    Spence·Magnetawan, ON·P0A 1C0·Near Midlothian Rd & Nippissing Road

      0
    • Vacant Land
    Magnetawan real estate›X12894856
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    This beautiful building lot is located just 10 minutes from the quaint village of Magnetawan in the heart of cottage country. With a perfect mix of gently rolling cleared land and mature forest, this 11.1 acre parcel has several great building sites. The cleared land is a mixture of clay and sandy loam with just enough slope to provide good drainage. It's a picture perfect spot for a small homestead tucked into the wooded hillside. New driveway installed, hydro at the road, high speed internet is available and it's on a municipally maintained year round road! Less than 5 minutes to the Ahmic Lake public beach with free boat launching available in Magnetawan. H.S.T included in the purchase price.

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    AI highlights by Zara
    • This beautiful building lot is located just 10 minutes from the quaint village of Magnetawan in the heart of cottage country.
    History

    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.

    DateEventStatusPriceChangeMLS®View
    Mar 18, 2026ListedCurrentFor sale$199,000 —X12894856This page
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    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.

    • Listing & possession

      3
      Possession
      2026-06-09T00:00:00.000-00:00
      Property style
      Other
      Property class
      Vacant Land
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 2899 Midlothian Road South Road S
    Financials

    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.

    Est. monthly mortgage
    $978
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $35
    0.21% mill rate · ON
    The market

    How this home sits in the Magnetawan market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Magnetawan market right now

    Average sold price, days on market, and closed-transaction count for Magnetawan — sourced from MLS®.

    • Avg sold price
      $476,636
      Last 30 days
    • Median sold price
      $400,000
      Middle of the market
    • Days on market
      43 d
      Avg from list to close
    • Closed last 30d
      11
      MLS® transactions
    Full Magnetawan market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into 2899 Midlothian Road South Road S — 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.

    Free buyer representation · Coldwell Banker® affiliate

    $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.

    Call now
    Due diligence

    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.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 2899 Midlothian Road South Road S and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    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 2899 Midlothian Road South Road S listed for?

      2899 Midlothian Road South Road S is listed at $199,000 on the MLS® (listing X12894856). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 2899 Midlothian Road South Road S 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.

  1. 10-24.99 ac lot
  2. Asking
    $199,000
    MLS® X12894856
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $476,636
    $438,505Confidence range$514,767
    Asking vs estimate
    ↓below
    −$277,636
    (-58.2%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Magnetawan sell in about 43 days — this one has been listed 104 days.

    Avg sold price
    $476,636
    Median sold
    $400,000
    Avg days on market
    43
    Recently sold
    11
    See comparable sales
    The cleared land is a mixture of clay and sandy loam with just enough slope to provide good drainage.
  4. It's a picture perfect spot for a small homestead tucked into the wooded hillside.
  5. Less than 5 minutes to the Ahmic Lake public beach with free boat launching available in Magnetawan.
  6. Ask Zara a follow-up
    Combined estimate
    $1,013
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $978
    /mo
    based on the purchase price of $199,000
    $39,800 cash
    $159,200 financed
    $134,088 total interest
    Monthly payment$978/ month
    Principal54%$159,200
    Interest46%$134,088

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price and real property tax.

    Comparable vacant lands that just sold in Magnetawan

    Swipe the closed sales, then use the table for a side-by-side $/sqft comparison against this home.

    • 9 North Poverty Bay Road
      Sold
      Sign in for price
      9 North Poverty Bay Road
      Vacant Land
    • Lot 6 Con 5
      Sold
      Sign in for price
      Lot 6 Con 5
      Vacant Land
    • 124G Gordon Point Road
      Sold
      Sign in for price
      124G Gordon Point Road
      Vacant Land
    • 368 Simmons Lake Road
      Sold
      Sign in for price
      368 Simmons Lake Road
      Vacant Land
    • 0 15th/16th Side Road
      Sold
      Sign in for price
      0 15th/16th Side Road
      Vacant Land
    • 00 NEIGHICK Road
      Sold
      Sign in for price
      00 NEIGHICK Road
      Vacant Land
    AddressBd / BaSqftSold$/sqft% of askSold
    2899 Midlothian Road South Road SThis home0 / 0—$199,000ask———
    9 North Poverty Bay Road0 / 0700—
    Lot 6 Con 50 / 0——
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More vacant lands in Magnetawan

    Active listings within ±20% of this asking price.

    • 11 Ross Road
      $169,000
      11 Ross Road
      Vacant Land
    • 26 Magnet Road
      $209,995
      26 Magnet Road
      Vacant Land
    • 7281 HIGHWAY 124
      $200,000
      7281 HIGHWAY 124
      Vacant Land
    • 285 CHAPMAN Drive
      $192,000
      285 CHAPMAN Drive
      Vacant Land
  7. AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  8. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  9. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  10. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  11. Public listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd · displayed on Summitly per MLS® data-share rules

    2899 Midlothian Road South Road S is a vacant land at Magnetawan, ON. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. When was 2899 Midlothian Road South Road S built?

    The year built for 2899 Midlothian Road South Road S isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  13. What is the property tax for 2899 Midlothian Road South Road S?

    The 'Property tax' tab in the History section shows the most recent annual tax for 2899 Midlothian Road South Road S plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  14. How much would the monthly mortgage be on 2899 Midlothian Road South Road S?

    The affordability calculator on this page shows an estimated monthly mortgage for $199,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. Has 2899 Midlothian Road South Road S been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 2899 Midlothian Road South Road S with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  16. What neighbourhood is 2899 Midlothian Road South Road S in?

    2899 Midlothian Road South Road S is in Spence, Magnetawan. The 'Neighbourhood' section below links to the live Magnetawan real estate hub with average sold price, days on market, and current inventory.

  17. Is Magnetawan a good place to live?

    Magnetawan is one of ON's actively-tracked Summitly markets. The full Magnetawan real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.

  18. 124G Gordon Point Road
    0 / 0
    —
    —
    368 Simmons Lake Road0 / 0——
    0 15th/16th Side Road0 / 0——
    00 NEIGHICK Road0 / 0——