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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Magnetawan
  • Spence
  • 594 Silver Lake Road
594-silver-lake-road-magnetawan-ontario-x12316084
594-silver-lake-road-magnetawan-ontario-x12316084
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  • Sold Sold in Sep 2025
  • Detached

594 Silver Lake Road

Magnetawan, Spence
  • 2 Bedrooms
  • 1 Bathrooms
  • 0 Garage
  • Share
Sold Price: $ 569,000
4.69%
Listed Price: $ 597,000
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Room Details of 594 Silver Lake Road, Magnetawan

FloorBedroomsBathrooms
Ground 2 1

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Key Facts About 594 Silver Lake Road, Magnetawan

  • Tax $1,677 / 2025
  • Property Type Residential
  • Building Type Detached
  • Building Style Bungalow
  • Building Age 31-50
  • Size 700 - 1100 feet²
  • Lot Irregularities 3 pin numbers
  • Parking 0 garage, 4 parking
  • Listing # X12316084
  • Data Source PROPTX
  • Days on Market 47
  • Listed On 30/07/2025
  • Updated On 07/11/2025
  • Market Demand
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Description

Discover this beautifully renovated, move-in ready 2 bedroom cottage, effortlessly convertible back to original 3 bedroom layout. Upgrades include new kitchen, flooring, free standing propane stove (ecobee thermostat), steel roof, new windows, spray foam insulation, electrical update. Generlink hookup for generator preparedness, bbq propane direct hookup, recent pillars and footings, plumbing heat trace line, UV water system and hot water tank. Situated on a picturesque lot (approx 1 acre) with a beach and a safe shallow waterfront -perfect f

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Property Details of 594 Silver Lake Road, Magnetawan

Property

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

Inside

  • Bedrooms 2
  • Bathrooms 1
  • Kitchen 1
  • Rooms 6
  • Family Rooms Y
  • Central Vac N
  • Fireplace Y

Utilities

  • Water Other
  • Cooling Other
  • Heating Type Forced Air
  • Heating Fuel Propane
    • Telephone Y
    • Electricity Y

Building

  • Size 700 - 1100 feet²
  • Architecture Style Bungalow
  • Exterior Feature Vinyl Siding
  • Building Age 31-50

Parking

  • Drive Way Private
  • Garage 0
  • Parking Places 4
  • Total Parking Places 4

Land

  • Sewer Holding Tank
  • Frontage 90
  • Zoning seasonal residential
  • Lot Size Code Feet
  • Acreage .50-1.99
  • Cross Street silver lake road/15th-16th sideroad

Features

  • Beach Y
  • Clear View Y
  • Level Y
  • Waterfront Y
  • Wooded/Treed Y

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Rooms

Kitchen (4.9X3.45 metre)
Level: Main
Bathroom (2.39X1.04 metre)
Level: Main
Bedroom (3.47X2.3 metre)
Level: Main
Primary Bedroom (3.47X4.64 metre)
Level: Main
Recreation (3.54X4.65 metre)
Level: Main
Living Room (4.27X4.27 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 594 Silver Lake Road, Magnetawan

Introducing a splendid opportunity to own a delightful bungalow, a true gem nestled at 594 Silver Lake Road, Magnetawan. This house for sale in Magnetawan is not just a property; it is a well-cared-for haven that promises comfort and serenity. With its prime location, this residence offers a perfect blend of rustic charm and modern conveniences, making it an ideal retreat for those seeking a tranquil lifestyle.

The house boasts two generously sized bedrooms and a well-appointed bathroom, making it suitable for small families or couples looking for a peaceful escape. The main kitchen is designed with functionality in mind, featuring recent upgrades that enhance its appeal. The addition of a new free propane stove, set to be installed in 2024, demonstrates the commitment to maintaining high standards within this home. The kitchen, alongside the family room, creates a warm and inviting atmosphere, perfect for entertaining guests or enjoying quiet evenings by the fireplace.

Located on a spacious lot of approximately 0.50 to 1.99 acres, this house for sale in Magnetawan offers ample outdoor space for relaxation and recreation. The property features a child-friendly, shallow waterfront that stretches 100 feet, ideal for families with children. The dock provides easy access to the water, while the fire pit overlooking the lake invites you to gather around for evening storytelling or marshmallow roasting. The screened gazebo at the lakeside is an additional highlight, offering a perfect spot to unwind while enjoying the stunning views.

The exterior of the house, clad in durable vinyl siding, ensures low maintenance while maintaining an attractive appearance. The property also features a very appealing deck measuring 13'9" by 21'9", complete with a canopy top, which is perfect for lounging or outdoor dining. Additionally, a charming porch measuring 8'10" by 4'7" welcomes you into the home, providing a lovely space to enjoy your morning coffee or greet guests.

For those who appreciate the outdoors, this house for sale in Magnetawan includes a spacious bunkie, approximately 12' by 16', furnished with custom bunk beds, making it an excellent space for guests or children. The property is equipped with two additional outbuildings/sheds, providing ample storage for all your outdoor equipment and leisure items. Furthermore, the outdoor privy and shower add unique touches that enhance the cottage experience, allowing you to embrace the natural surroundings fully.

The house is equipped with various modern amenities, including internet access and forced air heating, ensuring comfort throughout the seasons. While there is no central vacuum system or garage space, the private driveway accommodates up to four vehicles, providing convenience for residents and visitors alike. The property operates on a holding tank for sewage and an alternative water source, ensuring that all essential services are met.

Recent upgrades, including a steel roof installed in 2018, new flooring in the kitchen in 2022, and a comprehensive electrical update in 2016, showcase the meticulous care that has gone into maintaining this home. The plumbing has also been updated in 2024, along with the installation of a UV water system and hot water tank, ensuring that this house for sale in Magnetawan is move-in ready and equipped for modern living.

In conclusion, 594 Silver Lake Road, Magnetawan, presents an exceptional opportunity to own a well-maintained bungalow in a serene setting. With its attractive features, ample outdoor space, and a host of recent upgrades, this house for sale in Magnetawan is a must-see for anyone seeking a peaceful retreat in the heart of nature. Don't miss your chance to make this charming property your new home!

Spence, nestled within the charming municipality of Magnetawan, offers a picturesque and serene setting for those seeking a tranquil lifestyle. This quaint geographic enclave is characterised by its lush natural surroundings, including pristine lakes and dense woodlands, making it an ideal haven for outdoor enthusiasts and nature lovers. With a close-knit atmosphere, Spence provides a sense of belonging while still allowing for the peace and quiet that comes from rural living. Residents can enjoy a variety of recreational activities, from hiking and fishing to simply basking in the beauty of the changing seasons. Embrace the slower pace of life in Spence, where community spirit and the great outdoors harmoniously intertwine.

FAQs About 594 Silver Lake Road, Magnetawan

How many bathrooms does this property have?

This property features 1 bathroom(s) and 2 bedroom(s).

Does this 2 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 2 bed property in Magnetawan is 700 - 1100.

How many parking spaces are available with this property?

594 Silver Lake Road boasts 4 convenient parking spaces.

How many cars can be parked in the garage of 594 Silver Lake Road?

This property does not feature a garage.

What type of garage does this property have?

Information about the garage type is not provided.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

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

Does this property have a fireplace?

A fireplace is available 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 Forced Air.

What utilities are available for this property?

This property include following utilities : Telephone, Electricity.

School Rating for 594 Silver Lake Road, Magnetawan

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