$849,999
For sale: Vacant Land

122-acre waterfront property on Newell Lake in Magnetawan, offered as two parcels sold together with approximately 1,800 feet of private shoreline. A true outdoorsman's property, formerly used as a hunting and fishing camp, featuring an established camp area with trailers, sheds, and outhouses. Mature mixed forest and abundant wildlife throughout, with an existing ATV trail leading to a private waterfront-ideal for fishing, boating, and enjoying the natural surroundings. Incredible opportunity for recreational use, a private retreat, or to continue its legacy as a hunt camp. Rare offering combining large acreage, extensive waterfront, and proven recreational use in Northern Ontario. There is a $750 fee for the trailers that are on the property that is due annually in April.
Sold data
Homes in Magnetawan took a median of 30 days to sell over the last 365 days, with the quickest quarter selling within 21 days and the slowest quarter taking more than 80, across 40 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 78 days.
The median sale price was $414,000.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 25% of sellers reduced their price before finding a buyer.
Based on 40 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Magnetawan has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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