For Sale
New today
$559,000
548 Silver Lake Road, Magnetawan, ON
Spence, Magnetawan
3 bd1 ba900 sqftDetached
Details
~$2,887/mo to carry, est.
$621/sqft
0 days on site
Listed by KELLER WILLIAMS EXPERIENCE REALTY.
Magnetawan, Magnetawan, ON P0A 1P0
From PropTx
$594,900
As listed by the seller and their brokerage. It is a request, not a valuation, and nothing tests it until an offer arrives.
From MyNest360
The tools we build on top of the listing, each figure sourced and none of it PropTx data: what the house really costs to hold, what it costs to borrow against, and the inspection to book before your conditions come off.
From PropTx
The price, facts, description and history exactly as the feed states them. Nothing in this section is our own estimate.
Counts and measurements as the listing states them, not verified by us. Source: PropTx
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
What comes from PropTx, and what is ours
The price, address, room and size figures, description and days on site are sourced from PropTx and can lag the live listing. The map placement and the cost, offer, insurance and rental tools below are our own work, not PropTx data. Anything we have modelled rather than sourced carries an Est. tag.
Last sold Sep 22, 2026 for $565,000. That is this house rather than a comparable, so none of the usual adjustments apply.
See the full price history2 events between Jun 8, 2026 and Sep 22, 2026.
Asking price moved from $594,900 on Jun 8, 2026 to $565,000 on Sep 22, 2026, a change of $29,900.
Some homes are built for a season of life. This one grows with you. Offered for sale for the very first time and lovingly cared for by the same family, this thoughtfully designed bungalow offers one-level living, a walkout lower-level guest suite, two garages, and peaceful views of the Magnetawan River. The kind of place where mornings start a little slower, neighbours wave as they pass by, and the view never gets old. Step inside and you'll feel at home. Wide hallways and doorways create a layout that's easy to move through. Birds eye Maple Hardwood floors flow through the living room, where large windows frame views of the river beyond. The view draws you in. The feeling makes you stay. Just off the living room, a screened Muskoka room - A place to watch the seasons change and spend time with the people who matter most. At the heart of the home, the kitchen offers abundant cabinetry, ample prep space, a breakfast bar, and room to stay connected. Meals shared. Stories told. Plans made for the day ahead. The primary suite offers a quiet retreat with double closets and a 3pc privileged ensuite w/ laundry. Spacious main floor guest bedroom and guest bath with a walk-in soaker tub complete the main level. When life calls for a little more space, the lower level is ready. With its own entrance, wet bar, bright bedroom, 3pc bath, and laundry hookups, this space is well-suited for family, guests, or potential income. In-floor heating keeps the space comfortable through every season. Outside, you'll find a beautiful yard. Open space. Fresh air. Room to enjoy it all. Plus, a heated attached garage, detached garage, circular driveway, drilled well, and full-home Generac for added peace of mind. Located in Magnetawan, where the outdoors naturally become part of your routine, enjoy nearby access to the Magnetawan Dam Trail, public boat launch, boat slips, and snowmobile trail. Solid. Spacious. Thoughtfully designed. A home built for real life-and ready for whatever comes next.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
The pills are copied from the listing and sorted for reading, with nothing added to them, and a group the listing did not fill in is absent rather than empty. Where a group is written as sentences instead, those are ours: what the listing named, and what it means.
On the record, and not one of the groups above.
1 years, from $2,735 in 2025 to $2,735 in 2025.
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Every home of this type in Magnetawan that has sold in the last 3 years.
Contact details for the listing agent are not shown: our current listing agreement licences them to registered users only.
Sourced from: PropTx. Last updated Aug 27, 2026.
From MyNest360
None of this is PropTx data. Each figure is our own and carries its source: the true cost to own, the mortgage studio, the inspection plan, and the rest.
Two figures stand against this house for two different purposes, the asking price and the assessment, so they do not agree and were never meant to. The gap is worked out here rather than left for you to hold in your head.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
At 20% down and 4.22% fixed, the all-in monthly cost works out to $2,938. Every line, the pool and the well included, plus the first-year total, is on the full breakdown.
At 20% or more there is no CMHC premium.
20% down · 4.22% indicative 5-yr fixed · The number of years the whole balance is paid off over. A longer amortization lowers the monthly payment and raises the total interest.. $2,735 for 2025, from the tax figure stated on the listing, divided by twelve. That is what the current owner pays, as the listing states it. That twelfth is the annual amount levelled across the year and not a payment you will make on any date. How a municipality actually collects it is set out in documents nobody here has read.; heat and utilities estimated. Figures illustrative.
Compare lenders and private optionsIt asks one question first: whether someone is already acting for you. That answer changes who books the visit and who is on your side inside the house.
Connect with Tara
Tara McCarthy
Broker, VP Ultra Luxury Division
Every question about this home reaches a licensed broker, not a form.
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Explore the networkSourced from MyNest360
Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.
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