$675,000
Est. payment $2,989/moCalculate yours
187 Victoria Street, Magnetawan, ON P0A 1P0
Magnetawan, Magnetawan, ON P0A 1P0
- 6 Beds
- 3 Baths
- 1,100 Sq Ft
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd MLS® X13685834
About this home
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.
Property details
Overview
- Property Type
- Triplex
- Style
- 1 Storey/Apt
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 6
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Finished with Walk-Out
Building & Systems
- Heating
- Baseboard (Oil)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Concrete
- Roof
- Shingles
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 261.88 x 166.39 Feet
- Parking
- Detached garage · 5 total
Financial
- Property Taxes
- $2,960 (2025)
Location
- Neighbourhood
- Magnetawan
- Cross Street
- Victoria & King
- Direction Faces
- North
Listing
- MLS® Number
- X13685834
- Days on Market
- 61
- Listed On
- 2026-08-18
- Listed By
- RE/MAX Parry Sound Muskoka Realty Ltd
Rooms
Features
Interior
- Primary Bedroom - Main Floor
- Separate Hydro Meter
- Water Heater Owned
Pool
- None
Mortgage calculator
Estimated mortgage payment
$2,989 per month
- Principal and interest
- $2,989
- Property tax
- $247
- Condo fees
- $0
- Estimated monthly cost
- $3,235
Your mortgage
- Mortgage amount
- $540,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $356,626
Cash to close
- Down payment
- $135,000
- Land transfer tax
- $9,975
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $144,975
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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