$258,000
↓ $40,000 from $298,000
Est. payment $1,142/moCalculate yours
220 East Whalley Lake Road E, Magnetawan, ON P0A 1P0
Magnetawan, Magnetawan, ON P0A 1P0
- 3 Beds
- 1 Baths
- 700 Sq Ft
Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd MLS® X13774262
About this home
Looking to get into the cottage market? This three-bedroom, one-bath cottage on Whalley Lake in Magnetawan offers an affordable opportunity to enjoy waterfront living in beautiful cottage country. Set on a one-acre lot with approximately 108 feet of natural shoreline, the property enjoys deep water and desirable northwest exposure - perfect for taking in those long summer afternoons and evening sunsets at the lake. Approximately 43 steps lead from the cottage down to the waterfront. Located on a year-round municipally maintained road, access is convenient in every season. Whether you’re searching for a weekend getaway, a family cottage, or an affordable way to get onto the lake, this property offers plenty of potential to make it your own.
Property details
Overview
- Property Type
- Detached
- Style
- Bungalow
- For
- For Sale
- Status
- Price Change
- Approximate Age
- 51-99
- Size
- 700 sqft
Interior
- Bedrooms
- 3
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Other (Wood)
- Cooling
- None
- Exterior
- Wood
- Foundation
- Piers
- Roof
- Metal
- Water
- Other
- Sewer
- Septic
Lot & Parking
- Lot Size
- 110 x 445.09 Feet
- Parking
- None garage · 10 total
- Zoning
- RS
Financial
- Property Taxes
- $2,088 (2025)
Location
- Neighbourhood
- Magnetawan
- Cross Street
- HWY 124/EAST WHALLEY LAKE ROAD
- Direction Faces
- West
Listing
- MLS® Number
- X13774262
- Days on Market
- 38
- Listed On
- 2026-09-10
- Listed By
- RE/MAX Parry Sound Muskoka Realty Ltd
Rooms
Features
Interior
- Primary Bedroom - Main Floor
Pool
- None
Mortgage calculator
Estimated mortgage payment
$1,142 per month
- Principal and interest
- $1,142
- Property tax
- $174
- Condo fees
- $0
- Estimated monthly cost
- $1,316
Your mortgage
- Mortgage amount
- $206,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $136,310
Cash to close
- Down payment
- $51,600
- Land transfer tax
- $2,345
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $53,945
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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