5403A Highway 124 Hwy is an industrial in Magnetawan, listed for $999,000.
1Exceptional Waterfront Acreage on Ahmic Lake & Magnetawan River.
2This rare, high-income potential property features over 600 ft of pristine shoreline on 15 acres of partially cleared land with sweeping scenic views.
3Incredible versatility with two separate residential homes, a large traditional barn, and a massive commercial-zoned workshop/garage.
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Commercial Property in Magnetawan
About 5403A Highway 124 Highway
WOW! Exceptional Waterfront Acreage on Ahmic Lake & Magnetawan River. This rare, high-income potential property features over 600 ft of pristine shoreline on 15 acres of partially cleared land with sweeping scenic views. Incredible versatility with two separate residential homes, a large traditional barn, and a massive commercial-zoned workshop/garage. Unmatched residential, recreational, or business potential in the heart of Ahmic Harbour. Don't miss this one-of-a-kind package!Ideally situated near Knoepfli Falls and the picturesque outflow from Ahmic Lake into the Magnetawan River, the setting is truly remarkable. Zoning includes a mix of Shoreline Residential, Environmental Protection, Farm, and Commercial. The land has been held in the Tilson family since being granted by Queen Victoria in 1886, adding historical significance to this unique property. Summers on the lake are outstanding, with calm, clear waters, perfect for canoeing, kayaking, paddle boarding, and fishing. Boaters will appreciate over 70km of navigable waterways through the Magnetawan Locks system leading to Burk's Falls. Ahmic Lake stretches approximately 19km and connects to Neighick and Crawford Lakes via marked navigation channels. The broader Magnetawan region is cherished for its natural beauty- parks, beaches, scenic lookouts, waterfalls, historic locks, recreational facilities, hiking trails, and the Heritage Centre Museum. Residents and visitors enjoy true four-season living, including fishing, hunting, snowmobiling, boating, and swimming. The Municipality of Magnetawan is conveniently located about 45 minutes from Parry Sound, Huntsville, and North Bay. A rare opportunity to own a versatile and scenic waterfront estate in one of Northern Ontario's most sought-after lake communities.
Magnetawan industrial priced at $999,000 — book a tour to see if it fits your search.
Inside 5403A Highway 124 Hwy
Every detail from the listing, in one place.
Type
Industrial
Features & systems
Lot & land
Lot size (sqft)
14.88
Listing & possession
Property class
Industrial
5403A Highway 124 Hwy Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13043202$999,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 5403A Highway 124 Hwy Compares to the Magnetawan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the 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.
Keep looking near 5403A Highway 124 Hwy
Homes for sale in Magnetawan
Every active Magnetawan MLS® listing, updated all day.
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 5403A Highway 124 Hwy
How much is 5403A Highway 124 Hwy listed for?
5403A Highway 124 Hwy is listed at $999,000 (MLS® X13043202). Summitly updates the price as soon as the MLS® record changes.
Has the price of 5403A Highway 124 Hwy changed?
No — 5403A Highway 124 Hwy is still listed at its original asking price of $999,000.
How many bedrooms and bathrooms does 5403A Highway 124 Hwy have?
The listing for 5403A Highway 124 Hwy doesn't publish its bedroom and bathroom count. It is a commercial property in Magnetawan.
How does 5403A Highway 124 Hwy compare with other homes in Magnetawan?
Its asking price of $999,000 is about 133% 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 5403A Highway 124 Hwy been sold before?
Summitly has no earlier MLS® sale or lease of 5403A Highway 124 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
Where is 5403A Highway 124 Hwy?
5403A Highway 124 Hwy is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 5403A Highway 124 Hwy been on the market?
181 days — 5403A Highway 124 Hwy was listed on April 24, 2026.
What is the land transfer tax on 5403A Highway 124 Hwy?
About $16,455 in Ontario land transfer tax at the asking price of $999,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 5403A Highway 124 Hwy or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 5403A Highway 124 Hwy?
The listing for 5403A Highway 124 Hwy doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Magnetawan.
When was 5403A Highway 124 Hwy built?
The listing for 5403A Highway 124 Hwy doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
