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

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage — RECO Registration #6018570.

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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 54 daysPrice drop · $139,800 off (-14.1%)

    344 East Whalley Lake Road

    ·Magnetawan, ON··

    • 4 beds
    Magnetawan real estate›X12221729
    • 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

    Welcome to 344 East Whalley Lake Rd, A Turnkey 4-Season Retreat on One of the Best Lots on Whalley Lake! This fully renovated 6-bedroom, 2-bathroom cottage sits proudly on a premium west-facing lot offering breathtaking sunsets, a sandy shoreline with shallow entry, perfect for kids, swimming, and fishing, and a gently sloping lake bottom. The expansive, 2-year-old multi-slip dock is ideal for boating and all your water sports adventures. Set on flat, usable land, this year-round escape was beautifully updated from top to bottom in 2023-2024. The open-concept main floor features soaring cathedral ceilings and a spacious living, dining, and kitchen area, designed for entertaining and family gatherings. Offering approx. With 1,400 sq ft of above-grade space and 780 sq ft of finished basement space, the home features four bedrooms upstairs and two additional large bedrooms in the lower level, along with a spacious recreation room and a walk-out to a private 2-tier deck with panoramic lake views. Major Upgrades Include: 200A electrical panel with generator auto switch New furnace, A/C, and heat pump system In-floor heating in basement Brand-new Culligan water filtration system New kitchen with quartz countertops New flooring, powder room, washer/dryer, and more two fully renovated bathrooms (2-piece main, 3-piece upper) New shed and fully rebuilt dock systemLocated in desirable Magnetawan, just minutes from charming shops, restaurants, trails, and other lakes in the Almaguin Highlands. Enjoy year-round activities, from swimming and fishing in the summer to snowmobiling, ice fishing and skating in the winter. The road is maintained year-round (partial municipal, partial private, with only a $200/year snow fee). Whether you're looking for a family getaway or an income-generating retreat, 344 East Whalley Lake Rd is the perfect blend of comfort, nature, and luxury lakeside living.

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

    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
    Jul 24, 2026Price reducedCurrentReduced$849,000−$139,800 (14.1%)X12221729This page
    Jun 14, 2025ListedCurrentFor sale$988,800 —X12221729This 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.

    • Systems

      4
      Heating
      Forced Air
      Air conditioning
      Central Air
      Water source
      Well
      Sewer
    Location & lifestyle

    Getting around, schools & the block

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

    📍 344 East Whalley Lake Road
    What's nearby

    Points of interest classified by the MLS® feed.

    • Beach
    • Clear View
    • Fenced Yard
    • Lake Access
    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
    $4,171
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $224
    0.32% 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
      $708,909
      Last 30 days
    • Median sold price
      $430,000
      Middle of the market
    • Days on market
      42 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 344 East Whalley Lake Road — 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 344 East Whalley Lake Road 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 344 East Whalley Lake Road listed for?

      344 East Whalley Lake Road is listed at $849,000 on the MLS® (listing X12221729). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does 344 East Whalley Lake Road 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. 2 baths
  2. 1100-1500 sqft
  3. Detached
  4. .50-1.99 ac lot
  5. Asking
    $849,000
    $0 / sqft · MLS® X12221729
    Chat Zara
  6. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $836,513
    $769,592Confidence range$903,434
    Asking vs estimate
    ≈in-line
    +$12,487
    (+1.5%)
    Asking is in line
    Run the affordability numbers

    Based on the city's average sold price, adjusted for 4 bedrooms (no sqft on file).

    Market analytics

    Homes like this in Magnetawan sell in about 42 days — this one has been listed 54 days.

    Avg sold price
    $708,909
    Median sold
    $430,000
    Avg days on market
    42
    Recently sold
    11
    See comparable sales
    Walk through online
    Listing agent has provided two interactive tours
    Open virtual tourWatch video tour
    AI highlights by Zara
    • Welcome to 344 East Whalley Lake Rd, A Turnkey 4-Season Retreat on One of the Best Lots on Whalley Lake!
    • The expansive, 2-year-old multi-slip dock is ideal for boating and all your water sports adventures.
    • Set on flat, usable land, this year-round escape was beautifully updated from top to bottom in 2023-2024.
    • The open-concept main floor features soaring cathedral ceilings and a spacious living, dining, and kitchen area, designed for entertaining and family gatherings.
    Ask Zara a follow-up
    Septic
  7. Parking & garage

    3
    Garage
    None
    Parking spaces
    8
    Driveway
    Front Yard Parking, Available, Private Triple
  8. Interior

    5
    Basement
    Finished
    Family room
    Y
    Kitchens
    1
    Total rooms
    7
    Laundry level
    Main Level
  9. Exterior & construction

    6
    Exterior
    Vinyl Siding
    Roof
    Asphalt Shingle
    Foundation
    Concrete
    View
    Beach, Lake, Panoramic, Water
    Waterfront
    Y
    Pool
    None
  10. Listing & possession

    3
    Occupancy
    Immediate/Tba
    Property style
    Sidesplit 3
    Property class
    Detached
  11. Room-by-room · 11 rooms

    Every room with its dimensions, level, and notable features.

    Room dimensions

    Main level

    3 rooms
    • Kitchen
      laminate · modern kitchen · stainless steel appl
      20.7 × 13.1 ft
    • Dining Room
      laminate · combined w/kitchen · open concept
      20.7 × 13.1 ft
    • Living Room
      laminate · w/o to patio · overlook water
      18.9 × 10.5 ft

    Upper level

    5 rooms
    • Bedroom 4
      laminate · closet · overlooks frontyard
      11.6 × 6.8 ft
    • Family Room
      w/o to deck · overlook water · large window
      15.6 × 13.1 ft
    • Bedroom 3
      laminate · closet
      11.6 × 8.4 ft
    • Bedroom 2
      laminate · closet · overlook water
      11.5 × 7.7 ft
    • Primary Bedroom
      laminate · closet · overlooks frontyard
      11.3 × 9.9 ft

    Lower level

    3 rooms
    • Bedroom 5
      laminate · casement windows
      11.5 × 11.0 ft
    • Bedroom
      laminate · casement windows
      11.5 × 10.7 ft
    • Recreation
      Overlooks Frontyard
      21.9 × 11.3 ft
  12. Waterfront
  13. Combined estimate
    $4,395
    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
    $4,171
    /mo
    based on the purchase price of $849,000
    $169,800 cash
    $679,200 financed
    $572,065 total interest
    Monthly payment$4,171/ month
    Principal54%$679,200
    Interest46%$572,065

    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 detacheds that just sold in Magnetawan

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

    • 439A Baker Road
      Sold
      Sign in for price
      439A Baker Road
      Detached
    • 182 Woodland Lane
      Sold
      Sign in for price
      182 Woodland Lane
      Detached
    • 47 Neighick Lake Road
      Sold
      Sign in for price
      47 Neighick Lake Road
      Detached
    • 340 Wurm Road
      Sold
      Sign in for price
      340 Wurm Road
      Detached
    • 475 Chapman Drive
      Sold
      Sign in for price
      475 Chapman Drive
      Detached
    • 775 Rosskopf Road
      Sold
      Sign in for price
      775 Rosskopf Road
      Detached
    AddressBd / BaSqftSold$/sqft% of askSold
    344 East Whalley Lake RoadThis home4 / 211,001,500$849,000ask———
    439A Baker Road3 / 1700—
    182 Woodland Lane3 / 21,500—
    Sold prices are hidden under TRREB rules. Sign in to reveal them.

    More detacheds in Magnetawan

    Active listings within ±20% of this asking price.

    • 3 Magnet Road
      $795,000
      3 Magnet Road
      Detached 3 1
    • 147 Black Bear Road
      $699,000
      147 Black Bear Road
      Detached 3 1
    • 2442 HIGHWAY 520
      $800,000
      2442 HIGHWAY 520
      Detached 4 2
    • 54 Dauncey Road
      $999,000
      54 Dauncey Road
      Detached 3 2
    • 134 Johnston Road
      $869,000
      134 Johnston Road
      Detached 3 2
    • 96 North Street
      $749,000
      96 North Street
      Detached 3 2
    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.

  14. One team, no handoffs

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

  15. Showings on YOUR schedule

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

  16. Mortgage that closes

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

  17. Public listing courtesy of RE/MAX REALTRON MARIUS MITROFAN GROUP · displayed on Summitly per MLS® data-share rules

    344 East Whalley Lake Road is a 4-bedroom, 2-bath, 1100-1500 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  18. When was 344 East Whalley Lake Road built?

    The year built for 344 East Whalley Lake Road isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  19. What is the property tax for 344 East Whalley Lake Road?

    The 'Property tax' tab in the History section shows the most recent annual tax for 344 East Whalley Lake Road plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  20. How much would the monthly mortgage be on 344 East Whalley Lake Road?

    The affordability calculator on this page shows an estimated monthly mortgage for $849,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  21. Has 344 East Whalley Lake Road been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of 344 East Whalley Lake Road with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  22. What neighbourhood is 344 East Whalley Lake Road in?

    344 East Whalley Lake Road is in Magnetawan, Magnetawan. The 'Neighbourhood' section below links to the live Magnetawan real estate hub with average sold price, days on market, and current inventory.

  23. 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.

  24. 47 Neighick Lake Road
    3 / 1
    1,100
    —
    340 Wurm Road3 / 21,100—
    475 Chapman Drive3 / 21,500—
    775 Rosskopf Road4 / 22,000—