For Sale
2899 Midlothian Road South Road S
Spence, Magnetawan, ON
$199,000
0Bd
0Ba
—sqft
1456.24 x 926.45 ftlot
LandMLS# X12894856Listed 2026-03-1879 DOM
On the market for 79 days — longer than average. The seller may be open to negotiation.
About this home
This beautiful building lot is located just 10 minutes from the quaint village of Magnetawan in the heart of cottage country. With a perfect mix of gently rolling cleared land and mature forest, this 11.1 acre parcel has several great building sites. The cleared land is a mixture of clay and sandy loam with just enough slope to provide good drainage. It's a picture perfect spot for a small homestead tucked into the wooded hillside. New driveway installed, hydro at the road, high speed internet is available and it's on a municipally maintained year round road! Less than 5 minutes to the Ahmic Lake public beach with free boat launching available in Magnetawan. H.S.T included in the purchase price.
Financials
Annual Taxes
$422
Estimated Rental Income
Entire property$2,000 – $3,000/mo
Rental yield12.1% – 18.1%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Magnetawan
Days on market79 days
Buyer's MarketSeller's Market
Based on active listings in Magnetawan. Data updates daily.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
62
/ 100
Walk Score
Somewhat Walkable
47
/ 100
Transit Score
Some Transit
44
/ 100
Bike Score
Somewhat Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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