5403A Highway 124 Highway
Magnetawan, ON
- 2 beds
3 upcoming open houses
Drop in during an open house, or tour online — no appointment needed.
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What this listing tells us
WOW! Exceptional waterfront acreage on Ahmic Lake and the Magnetawan River in Ahmic Harbour, Magnetawan. This rare offering showcases 15 acres of partially cleared land with extensive waterfront and sweeping scenic views. The property includes two houses, a barn, and an oversized commercial-zoned workshop, creating exceptional residential, recreational, and income-generating potential. 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. Tilson Creek Rd., is an easement road maintained by the municipality, ensuring reliable year-round access. 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, paddleboarding, and fishing. Boaters will appreciate over 70 km of navigable waterways through the Magnetawan Locks system leading to Burk's Falls. Anmic Lake stretches approximately 19 km 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.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 24, 2026 | Price reducedCurrent | Reduced | $999,000 | −$501,000 (33.4%) | X12613724 | This page |
| Apr 24, 2026 | Previously listed | New | $999,000 | — | X13043202 | View |
| Dec 9, 2025 | ListedCurrent | For sale | $1,500,000 | — | X12613724 | This page |
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
- None
- Water source
- Well
- Sewer
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
Points of interest classified by the MLS® feed.
- Clear View
- Lake/Pond
- River/Stream
- Waterfront
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.
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$708,909Last 30 days
- Median sold price$430,000Middle of the market
- Days on market42 dAvg from list to close
- Closed last 30d11MLS® transactions
We'll get you into 5403A Highway 124 Highway — 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 5403A Highway 124 Highway and found nothing flagged. We re-check automatically as new records publish.
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 5403A Highway 124 Highway listed for?
5403A Highway 124 Highway is listed at $999,000 on the MLS® (listing X12613724). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 5403A Highway 124 Highway 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.












