Spence · P0A 1P0
$559,000
$799 / sq ft1 months on market
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Welcome to Silver Lake Cabin in beautiful Magnetawan where classic cottage charm meets comfort and stunning waterfront views. Perched overlooking the lake, this inviting 3-bed1 bath seasonal cottage captures beautiful long-water vistas and prized western exposure offering the perfect escape for families looking to enjoy the best of cottage country.Designed for easy gathering and relaxed living, the bright open-concept kitchen, dining, and living area is filled with natural light and showcases picturesque views of the lake beyond. The inviting Muskoka room provides a peaceful space to enjoy the outdoors in comfort, whether you're sipping your morning coffee, sharing an evening conversation, or simply taking in the sights and sounds of the lake. The spacious primary bedroom also enjoys tranquil water views, creating the perfect place to unwind after a day outdoors. Step outside to the wraparound deck, offering plenty of room for outdoor dining, entertaining, or simply relaxing in the fresh air. A gentle path leads to the waterfront where a lakeside deck, private dock, and hard-packed sandy shoreline create an ideal setting for swimming, boating, fishing, and endless summer fun. The gradual approach to the water makes it easy for family and guests of all ages to enjoy the shoreline. The property is well-equipped for hosting family and friends, with a separate bunkie providing additional accommodations for overnight guests. A storage shed attached to the bunkie, as well as a detached garage offer excellent space for water toys, recreational equipment, and all the essentials of cottage life. Lovingly maintained over the years, this property demonstrates pride of ownership throughout.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 32% of comparable detached listings in Magnetawan are asking less.
Based on 31 comparable active detached listings in Magnetawan. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $559,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KELLER WILLIAMS EXPERIENCE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.