Gurvinder Nokwal REALTOR®
For Sale Detached 73 days on market

$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
Map

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

Minimum for this price: $117,000 (8.24%)

Amortization, years

Estimated mortgage payment

$6,287 per month

Principal and interest
$6,287
Property tax
$563
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
Total, before legal fees
$308,875
Talk to me about financing

Estimates 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

175 Old Man’s Lake Lane, Magnetawan, ON P0A 1P0 Spence, Magnetawan, ON P0A 1P0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$1,420,000 175 Old Man’s Lake Lane, Magnetawan, ON P0A 1P0
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