Spence, Magnetawan · Detached
Last updated by the listing brokerage Oct 27, 2026
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| Tax year | Annual property tax | Change | Source |
|---|---|---|---|
| 2026 | $7,045 | — | MLS® listing |
Annual taxes as reported on this MLS® listing. Confirm current taxes with the municipality.
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Sign in to view historyVisit the REALTOR website for further information about this Listing. Paradise Found! Set in a serene and private location on the shores of Old Mans Lake, this exceptional property offers 348 feet of pristine lake frontage on over 8 acres of land. The gently sloping lot leads to the water's edge, providing plenty of usable space and direct access to a good-sized lake ideal for all types of water activities, from boating and swimming to snowmobiling in the winter. Both summer and winter fishing are enjoyed here, making it a true year-round retreat. Inside, the primary suite features a luxurious ensuite with an Ultra Thermo-Masseur massage bath for the ultimate in relaxation. The lower level offers a spacious recreation room complete with a large plasma TV and a cozy wood stove, perfect for family gatherings or movie nights. A convenient kitchenette with a sink, small fridge, and microwave makes this level a great candidate for a guest suite, especially with its separate entrance. Comfort is assured year-round with an upgraded geothermal system, delivering efficient heating in the winter and cooling in the summer, complemented by additional infrared heating on the lower level. Turn-key summer rental with excellent income potential. Making it move-in ready Whether you're looking for a peaceful family getaway, a recreational paradise, this stunning lakefront estate truly has it all.
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Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
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First-time buyers can get up to $4,000 back on Ontario land transfer tax. Magnetawan has no municipal land transfer tax (Toronto does).
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