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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Magnetawan
  • Spence
  • 1468 Nelson Lake Road
1468-nelson-lake-road-magnetawan-ontario-x12183716
1468-nelson-lake-road-magnetawan-ontario-x12183716
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  • Sold Sold in Oct 2025
  • Detached

1468 Nelson Lake Road

Magnetawan, Spence
  • 1 Bedrooms
  • 1 Bathrooms
  • 3 Garage
  • Share
Sold Price: $ 52,500
47.45%
Listed Price: $ 99,900
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Key Facts About 1468 Nelson Lake Road, Magnetawan

  • Property Type Residential
  • Building Type Detached
  • Building Style Bungalow
  • Size 700 - 1100 feet²
  • Lot Size 335 x 439 feet
  • Parking 3 garage, 4 parking
  • Basement Unfinished
  • Listing # X12183716
  • Data Source PROPTX
  • Days on Market 124
  • Listed On 30/05/2025
  • Updated On 03/10/2025
  • Market Demand
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Description

Just Under 5 Acres of Possibility in Rural. This 4.8-acre property is the definition of potential. Located on a year-round maintained road with great cell reception, a dug well, and septic system already in place, it's a fantastic foundation for your next build.The existing detached raised bungalow has a separate entrance but is in tear-down condition ready for someone to reimagine what this peaceful, mostly flat property could become. Bonus features include a 32x40 Garage/shed , perfect for storing tools or toys,.Whether you're dreaming of a c

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Property Details of 1468 Nelson Lake Road, Magnetawan

Property

  • Property Type Detached
  • Style Bungalow
  • Fronting On N
  • Community Spence
  • Municipality Magnetawan

Inside

  • Bedrooms 1
  • Bathrooms 1
  • Basement Unfinished
  • Kitchen 1
  • Rooms 1
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Water Well
  • Cooling None
  • Heating Type Other
  • Heating Fuel Other

Building

  • Size 700 - 1100 feet²
  • Architecture Style Bungalow
  • Exterior Feature Concrete, Vinyl Siding

Parking

  • Garage Type Detached
  • Garage 3
  • Parking Places 4
  • Total Parking Places 7

Land

  • Sewer Septic
  • Frontage 335
  • Depth 439
  • Zoning RU
  • Lot Size 335 x 439 feet
  • Lot Size Code Feet
  • Acreage 2-4.99
  • Cross Street Nelson lake Rd/ Botham Rd

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Rooms

Common Room (8X6 metre)
Level: Main

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,000

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0

Monthly Expenses After Home Purchase

$569

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 1468 Nelson Lake Road, Magnetawan

Welcome to your next adventure in rural living! This charming house for sale in Magnetawan is nestled at 1468 Nelson Lake Road, Magnetawan, and it offers just under 5 acres of pure potential. With a generous lot size of 335 x 439 feet and an additional 2-4.99 acres, this property is the perfect canvas for your dreams. Whether you're looking to build a country home, a weekend retreat, or simply a long-term investment, this is a fantastic opportunity to create something truly special.

The existing detached bungalow, although in tear-down condition, features a separate entrance and is just waiting for someone with vision to reimagine it. Imagine the possibilities! The house for sale in Magnetawan is situated on a year-round maintained road, ensuring easy access no matter the season. Plus, with great cell reception, staying connected is a breeze, making it an ideal spot for those who work remotely or enjoy staying in touch with loved ones.

This property comes equipped with a dug well and a septic system already in place, so you can focus on your plans without the hassle of initial installations. While the bungalow itself has one bedroom and one bathroom, it’s clear that the real value lies in the land and the potential it holds. The total rooms in the house for sale in Magnetawan amount to just one, but with a bit of imagination, this space can be transformed into something extraordinary.

One of the standout features of this property is the impressive 32x40 garage/shed, perfect for storing tools, toys, or anything else you might need for your rural lifestyle. Additionally, there's an extra storage shed for added flexibility, making it easier to keep everything organised. With ample parking space for up to four vehicles and a detached garage that offers three spaces, you'll never have to worry about where to park your cars or store your outdoor gear.

While the house for sale in Magnetawan doesn’t come with a pool or a fireplace, it does provide the essentials for comfortable living in the countryside. The heating type is listed as ‘Other’, which gives you the freedom to explore various options for warmth during those chilly winter months. Unfortunately, there’s no air conditioning or central vacuum system, but with the right renovations, you can create a comfortable and inviting atmosphere.

The property is unfurnished, allowing you to personalise it to your taste right from the start. The unfinished basement presents another opportunity for expansion or storage, giving you even more options to make this house your home. The peaceful, mostly flat property is surrounded by nature, making it an ideal retreat from the hustle and bustle of city life.

As you consider this house for sale in Magnetawan, keep in mind that it is being sold ‘As is, Where is’, with no warranties or representations. It’s essential for buyers to verify all information, including lot size, house size, and all measurements, as well as assessment and tax information. This is a chance to step into a world of possibilities in Parry Sound, where rural living meets modern convenience.

So, if you're ready to embark on a new journey and create your own slice of paradise, don’t miss out on this opportunity. The house for sale in Magnetawan at 1468 Nelson Lake Road, Magnetawan is waiting for you to bring your vision to life. Whether you’re looking for a place to escape to on weekends or a long-term investment, this property is the perfect starting point. Come and see for yourself the potential that awaits!

Spence, nestled within the charming township of Magnetawan, is a picturesque geographic entity that offers a serene escape into nature's embrace. Surrounded by lush forests and pristine waterways, this tranquil area is ideal for those seeking a peaceful lifestyle amidst stunning landscapes. The gentle flow of the nearby Magnetawan River invites outdoor enthusiasts to indulge in activities such as kayaking, fishing, and hiking along scenic trails. With its close-knit atmosphere and the warmth of local residents, Spence presents a unique opportunity for potential residents to immerse themselves in a harmonious blend of natural beauty and community spirit, making it a delightful place to call home.

FAQs About 1468 Nelson Lake Road, Magnetawan

How many bathrooms does this property have?

This property features 1 bathroom(s) and 1 bedroom(s).

Does this 1 bedroom property have additional bedrooms or a den?

This Detached property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Detached property?

The total square footage of this Detached 1 bed property in Magnetawan is 700 - 1100.

How many parking spaces are available with this property?

1468 Nelson Lake Road boasts 4 convenient parking spaces.

How many cars can be parked in the garage of 1468 Nelson Lake Road?

This property features a garage with space for 3 cars.

What type of garage does this property have?

This property includes an Detached garage with space for 3 cars.

Does this property have a basement?

Yes, this property has a basement.

What type of basement is it?

This property features Unfinished basement.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Information about the maintenance fee is not available.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Other.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 1468 Nelson Lake Road, Magnetawan

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Listing History

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