$385,000
For sale: Detached

Set on 46 private acres in the heart of the Magnetawan area, this 3-bedroom bungalow is the perfect year-round escape for outdoor enthusiasts,hunters, and nature lovers alike. Surrounded by mature forest and abundant wildlife, this property offers exceptional privacy and endless opportunities to explore. Magnetawan and the Almaguin Highlands are well known for their incredible fishing, hunting, trails, and natural beauty, with countless lakes, rivers, and crown land nearby. The home features a spacious new laundry room, fully insulated attic for improved efficiency, a newer septic system, wood stove and electric baseboard heating for year-round comfort, plus generator hookup capability for added peace of mind. A detached garage provides excellent storage for vehicles, ATVs, tools, and recreational gear. Located just minutes from 5 lakes offering fantastic fishing, boating, and outdoor recreation, this property is a true northern retreat while still being accessible year-round. Whether you're looking for a full-time residence, hunting camp, or weekend getaway, this one checks all the boxes. Experience the quiet beauty, wildlife, and endless adventure that Magnetawan has to offer. Updates since September 2024 . New Septic, New Septic Vent, New Bathroom Vent, Insulated attic, Framed in Crawl Space and Insulated, Installed Laundry Room, Updated some Plumbing, New Chicken Coop, New Water Particulate Filter 2025.
Sold data
Detached homes in Magnetawan (Spence) took a median of 30 days to sell over the last 730 days, with the quickest quarter selling within 19 days and the slowest quarter taking more than 54, across 50 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 76 days.
The median sale price was $595,950.
Homes sold for about 4.7% below asking on average, so there was room to negotiate.
About 4% of sales closed above the list price.
Around 20% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Magnetawan (Spence) has 1 Fraser Institute–rated school (1 elementary).
School ratings from the Fraser Institute's Ontario school report cards.
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