Welcome to this remarkable 1 Storey/Apt triplex located in the coveted neighborhood of Magnetawan. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $675,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This easily maintained triplex is located on a one acre lot in the village of Magnetawan. The 3 individual apartments with separate hydro meters and private entrances, present an attractive income potential for the right individual. Each apartment offers 2 bedrooms, 1 bathroom, a kitchen/dining area and living room, as well as private laundry facilities. Recently renovated, the upper 1200 sf apartment is spacious with large windows, a 3pc bathroom and a small sun room overlooking the back yard. Facing a quiet residential street the front deck offers some private outdoor space. The 2 lower level apartments each include a 1-4pc bathroom as well as walkouts to a deck, with views of the backyard. These units are equipped with in floor radiant heating. The lot includes a drilled well and ample parking for the 3 residences. Several small out buildings are located on the property, providing outdoor storage areas. A post office, elementary school and the centre of town are all located within a short walking distance. Magnetawan also offers a community centre, library and outdoor arena, as well as access to the Magnetawan River waterway.
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This triplex located at 187 Victoria Street, Magnetawan is currently for sale and has been available on SousaSells for 11 days. This property is listed at $675,000 with an estimated mortgage of $2,247* per month. It has 6 beds, 3 bathrooms, and is 1100-1500 square feet. 187 Victoria Street, Magnetawan is in the Magnetawan neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 6 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Magnetawan, Magnetawan.
Growing families needing multi-bedroom flexibility and space in Magnetawan, Magnetawan.
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The current listing price for 187 Victoria Street, Magnetawan, ON in Magnetawan, Magnetawan is $675,000.
This property features 6 bedrooms and 3 bathrooms across approximately 1100-1500 sqft.
187 Victoria Street, Magnetawan, ON is a Triplex (1 Storey/Apt) featuring a Finished with Walk-Out basement.
Interior highlights include: Primary Bedroom - Main Floor, Separate Hydro Meter, Water Heater Owned.
Yes, this property offers parking space for 5.0 vehicles (Detached).
Heating is provided via Oil and cooling via None.
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Magnetawan, Magnetawan
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 187 Victoria Street, Magnetawan, ON P0A 1P0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Magnetawan.
About Purchasing a Home in Magnetawan, ON
For a property listed at $675,000 in Magnetawan, the legal minimum down payment is $42,500 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,975 for this transaction. As this listing is in Magnetawan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $9,975.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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