Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

106 Golf Course Road, Magnetawan, ON P0A 1P0

Vacant Land
$199,000
Property tax
$241 / year

Welcome to the picturesque town of Magnetawan! This vacant lot offers an opportunity to create your own custom home or recreational retreat. With the site already prepped and cleared, the driveway and culvert installed, boundary stakes redone, and the site plan has been approved, it is ready to go. Hydro service is scheduled for installation, a septic permit is in place, and two building permits have been approved for a spacious 24 by 50 foot shop and a 24 by 35 foot dwelling, providing an exciting head start for your future plans. The property zoning offers flexibility for a variety of permitted uses. The wide driveway has been thoughtfully positioned to provide beautiful views toward the Magnetawan River, offering a sense of waterfront living while maintaining convenient access to town. Mature trees create a peaceful natural setting, while the location is within walking distance of local amenities, the golf course, and nearby trails. Whether you are looking to build a family home or recreational property, this parcel combines valuable completed site work with key approvals and preparation already underway, giving you the opportunity to start building sooner and spend more time creating the property you have envisioned.

MLS number
X13699646
Type
Vacant Land
Status
Active
Bedrooms
0
Bathrooms
0
Postal code
P0A 1P0
Photos
20
21days · this listing
21days · this property

This property has not been relisted in the last two years, so both counts are the same. Where they differ, the second adds up earlier listings at this address that ended without a sale.

Listing history

No previous listings found for this address.

Where this home is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Magnetawan Central Public School
Near North DSB
Elementary735 mNot reported

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 682 people.

$58,000Median household income
84.3%Own their home
94%Detached houses
61.6Median age
9.8%Born outside Canada
19.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490186 — the few blocks around this address, home to 682 people. It describes the area, not this property.

682Population
56.2Average age
2Household size
$70,000Average household income
$58,000Median household income
84%Own their home
16%Rent
0%Condominiums
10%Born outside Canada
20%University degree
$580,000Average home value
20%Low income
14%Never married
Under $5,0001%
$10,000 to $14,9993%
$15,000 to $19,9992%
$20,000 to $24,9993%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9997%
$40,000 to $44,9993%
$45,000 to $49,9995%
$50,000 to $59,9995%
$60,000 to $69,9996%
$70,000 to $79,9993%
$80,000 to $89,9996%
$90,000 to $99,9993%
$100,000 and over21%
$100,000 to $124,9998%
$125,000 to $149,9995%
$150,000 to $199,9995%
$200,000 and over3%

Percentages are of the 430 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$39,800 · minimum here is $9,950
$881.13per month
Borrowed before insurance$159,200
Total borrowed$159,200
Interest over 25 years at 4.5%$105,139

If you rented it out

Monthly rent starts from a rule of thumb — two per cent of the asking price a year — because no comparable lease was found nearby. Change it to anything you like.

-$569.21per month out of pocket
Rent$332.00
Everything it costs to hold$901.21
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by Chestnut Park Real Estate. Listing data provided by the Toronto Regional Real Estate Board.