$1,420,000
Est. payment $6,287/moCalculate yours
175 Old Man’s Lake Lane, Magnetawan, ON P0A 1P0
Spence, Magnetawan, ON P0A 1P0
- 5 Beds
- 3 Baths
- 2 Garage
- 2,500 Sq Ft
Listing courtesy of EASY LIST REALTY LTD. MLS® X13645864
About this home
Visit 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.
Property details
Overview
- Property Type
- Detached
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Approximate Age
- 16-30
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 2
- Basement
- Separate Entrance
Building & Systems
- Heating
- Heat Pump (Other)
- Cooling
- Central Air
- Exterior
- Wood
- Foundation
- Concrete
- Roof
- Metal
- Water
- Well
- Sewer
- Septic
Lot & Parking
- Lot Size
- 348 x 847 Feet
- Parking
- Attached garage · 10 total
- Zoning
- WF
Financial
- Property Taxes
- $6,757 (2025)
Location
- Neighbourhood
- Spence
- Cross Street
- Ahmic Lake Rd & Old Mans Lake Lane
- Direction Faces
- West
Listing
- MLS® Number
- X13645864
- Days on Market
- 73
- Listed On
- 2026-08-06
- Possession
- Negotiable
- Listed By
- EASY LIST REALTY LTD.
Features
Interior
- Auto Garage Door Remote
- Bar Fridge
- Central Vacuum
- Floor Drain
- Guest Accommodations
- In-Law Capability
- Separate Heating Controls
- Storage
- Suspended Ceilings
- Water Heater Owned
Property
- Lake Access
- Lake/Pond
- River/Stream
- Sloping
- Waterfront
- Wooded/Treed
Pool
- None
- Included
- Being sold completely furnished
Mortgage calculator
Estimated mortgage payment
$6,287 per month
- Principal and interest
- $6,287
- Property tax
- $563
- Condo fees
- $0
- Estimated monthly cost
- $6,851
Your mortgage
- Mortgage amount
- $1,136,000
- Mortgage insurance
- Not needed
- Interest over 25 years
- $750,236
Cash to close
- Down payment
- $284,000
- Land transfer tax
- $24,875
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $308,875
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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