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Mastercraft Magnetizer and Demagnetizer for Screwdrivers, Screws, Drill Bits and Other Steel Tools Front_Angled_Left

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Mastercraft

Mastercraft Magnetizer and Demagnetizer for Screwdrivers, Screws, Drill Bits and Other Steel Tools

Name: Mastercraft Magnetizer and Demagnetizer for Screwdrivers, Screws, Drill Bits and Other Steel Tools
Brand: Mastercraft
SKU: 0573424
Price: 5.49 CAD
Availability: InStock

#057-3424-0

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Pick up at Leduc, AB

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Product Details

The Mastercraft Magnetizer and Demagnetizer is a useful 2-in-1 tool for various projects. With this magnetizer for screwdrivers, you can quickly magnetize to help hold screws on the tips of drivers. When used as a demagnetizer, the device removes magnetism from steel tools and hardware, allowing for safe use with electronics. This magnetizer demagnetizer is a versatile tool which works with screwdrivers, nut drivers, wrenches, and other steel tools and hardware which can benefit from a magnetizer or a demagnetizer tool. Thanks to a lifetime exchange warranty, this tool offers excellent longevity.

The Mastercraft Magnetizer and Demagnetizer is ideal to use with screwdrivers, nut drivers, wrenches and other steel tools
Removes magnetism from tools and makes them safe to use with electronics
Quickly magnetizes and demagnetizes
Lifetime exchange warranty
This Mastercraft product carries a no time limit warranty against defects in workmanship and materials. Mastercraft Canada agrees to have any defective product replaced free of charge. This product is not guaranteed against wear or breakage due to misuse and/or abuse.

Part Number	FLS-052
Accessories List	No Accessories Included
Advanced Features	Magnetic Tip
Certifications	No Certifications
Driver Type	Screwdriver Set
Grade Rating	Residential/DIY
Handle Material	Rubber
Hex Drive Sizes Included (mm)	Not Included
Number of Pieces	1
Package Depth (cm)	14.00 cm

Package Depth (in)	5.51 in
Package Height (cm)	3.50 cm
Package Height (in)	1.38 in
Package Weight (kg)	0.08 kg
Package Weight (lb)	0.19 lb
Package Width (cm)	9.80 cm
Package Width (in)	3.86 in
Phillips Sizes Included	Not Included
Primary Colour	Blue
Primary Material	Steel
Screw Drive Types Included	Hex, Phillips, Slotted/Flat Head, Square, Star
Slotted/Flat Sizes Included	Not Included
Square Drive Sizes Included	Not Included
Star Drive Sizes Included	Not Included

Warranty

This product carries a lifetime exchange warranty redeemable at any Canadian Tire store.

Online Ordering

Pick Up is free at most stores (some stores require a minimum order value before tax)
Shipping fee is based on size and weight of products and distance from address to store
Same-Day Delivery costs $9.99 per order
Online Ordering Information

Returns

Most products can be returned or exchanged at any Canadian Tire store within 90 days of purchase
Some products are non-refundable and non-exchangeable
The return policy outlined above may not apply to the product you are currently viewing. For complete details and eligibility, please refer to our Return Policy for exceptions.

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Ratings
Advanced Features	Flexible	Compact Design, Corrosion Resistant	Flexible	Telescoping
Number of Pieces	1	1	4	1
Package Depth (in)	13.78 in	1.38 in	6.69 in	4.72 in

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3.0

7 out of 14 (50%) reviewers recommend this product

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1 to 5 of 32 Reviews

1 – 5 of 32 Reviews

5 out of 5 stars.

Tool Magnatizer

a month ago

every computer tech or wannabe needs magnetic screw drivers

Helpful?

1 out of 5 stars.

magnetiseur/demagnetiseur

3 months ago

very bad ,don't work at all

Helpful?

Response from Canadian Tire:

3 months ago

Customer Service with AI Support

Thanks for your review! If you have more questions, then please contact us at this phone number: 1-800-689-9928

1 out of 5 stars.

Magnetizer

3 months ago

Not magnetizing at all properly

Helpful?

3 out of 5 stars.

You get what you pay for.

6 months ago

Very cheaply put together, and magnet is a bit weak, but works majority of the time. May require several passes to demagnetize.

Helpful?

1 out of 5 stars.

Disappointed

10 months ago

Bought this today . Looked interesting. Only one screwdriver was magnetized enough to pick up a pin. Reviewed instructions and suggestions posted. Not what it is advertised to do. Returning tomorrow. Don’t waste your money buy a better magnetizer.

Helpful?

Response from Canadian Tire:

10 months ago

Customer Service

Thanks for your review! If you have more questions, please contact us at our call center number: 1-800-689-9928.

1 – 5 of 32 Reviews

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Questions

1 - 1 of 1 Question

Q: Will this work to make magnet on fridge seal stronger?

2 years ago

1 Answer

A: Hi Andrew, This is not the intended purpose of this magnetizer/de-magnetizer, it is designed for screwdriver bits. I would think the design would make it difficult to pass through a fridge seal magnet. I wouldn't recommend this usage but you're welcome to purchase and try and return to a local store if it doesn't work. Cheers, Jake
2 years ago
Helpful?

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^†Our Lowest Prices of the Year are defined as the period between January 1–December 31, 2025. Offer excludes localized promotions including but not limited to Grand Openings.

△The tire producer / manufacturer of the tires you are buying, and Canadian Tire is responsible for the recycling fee that is included in your invoice. The tire producer / manufacturer and Canadian Tire uses this fee to pay for the collection, transportation, and processing of used tires.

CANADIAN TIRE® and the CANADIAN TIRE Triangle Design are registered trade-marks of Canadian Tire Corporation, Limited.

^±Was price reflects the last national regular price this product was sold for.

**Online prices and sale effective dates may differ from those in-store and may vary by region. Dealers may sell for less.

* Financing available is “Equal payments, no interest” for 24 months (unless otherwise stated) and is only available on request, on approved credit and on purchases of $150 (unless otherwise stated) or more (Gift Cards excluded) made with your Triangle credit card at Canadian Tire, Sport Chek, Mark’s, L’Équipeur, Atmosphere, Sports Rousseau, Hockey Experts, L’Entrepôt du Hockey and participating Sports Experts. Interest does not accrue during the period of the plan. However, if we do not receive the full minimum due on a statement within 59 days of the date of that statement, or any event of default (other than a payment default) occurs under your Cardmember Agreement, all special payment plans on your account will terminate and (i) you will then be charged interest on the balances outstanding on such plans at the applicable regular annual rate from the day after the date of your next statement, and (ii) the balances outstanding will form part of the balance due on that statement. There is no administration fee charged for entering into a special payments plan. Each month during an equal payments plan you are required to pay in full by the due date that month’s equal payments plan instalment. Any unpaid portion not received by the due date will no longer form part of the equal payments plan and interest will accrue on that amount from the day after the date of your next statement at the applicable regular annual rate. Offer subject to change without notice.

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If your average balance is:	Total monthly credit charges will be:
$100	$1.81
$500	$9.04
$1000	$18.07
$2000	$36.15

^† In the form of electronic Canadian Tire Money® (CT Money®). You cannot collect paper Canadian Tire Money on bonus offers. Any bonus multiplier is based on the base rate of collecting CT Money. Not all items sold at Canadian Tire earn CT Money. The offered rate is exclusive of any bonus or promotional offers or redemption transactions. CT Money is collected on the pre-tax. Bonus CT Money collected from online orders will be applied to the member’s Triangle Rewards™ account within 5 weeks of the purchase date. Terms and Conditions apply. Visit Triangle Rewards: Sign Up & Earn Today for more information.

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®/™ Mastercard, World Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.
®/TM Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under license.
◊Off our original price. Quantities may vary by store. Some clearance product and price points may not be available at all locations.
± Was price reflects the last national regular price this product was sold for

®/™ Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited.

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*Free at the majority of stores. Some stores may require a minimum order value (before taxes). Orders that do not meet the minimum order value will be subject to a fee. Orders ready typically within 24 hours. Wait for Ready for Pick Up email before proceeding to store. **$9.99 + tax delivery fee. Available at select stores. Select your store and enter postal code on the product page while shopping to determine if same day delivery is available. Orders placed before the cutoff time will be delivered the same day, and orders placed after cutoff time will arrive the next day. Eligible in-stock items only. Products must meet certain cube/weight dimensions and distance from store must be less than 10km. For full terms/conditions, visit https://www.canadiantire.ca/en/customer-service/online-ordering.html

®/TM Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under license.

*Terms and conditions apply to collecting and redeeming. Visit triangle.com for full program rules. Ordinarily you are not able to collect Canadian Tire Money® (CT Money®) on that portion of a transaction in respect of which you redeemed CT Money, but can do so with this special offer. You may redeem for the full purchase price in CT Money to a maximum of $1,000 but bonus CT Money is calculated only on the pre-tax amount. Special offer not valid for Gift Card purchases. Pre-tax purchase. Bonus applied to maximum redemption of $1,000. No rainchecks.

†Our Lowest Prices of the Year are defined as the period between January 1–December 31, 2025. Offer excludes localized promotions including but not limited to Grand Openings.

*The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. The Triangle® credit cards are issued by Canadian Tire Bank. Rewards are in the form of electronic Canadian Tire Money® (CT Money®). To collect bonus CT Money you must present a Triangle Rewards card/key fob, or use any approved Cardless method, at time of purchase or pay with a Triangle credit card. You cannot collect paper CT Money on bonus offers. Minimum $300 spend is on the pre-tax amount on the same tender and for a single transaction. $300 must be spent on items that earn CT Money. Not all items sold at Canadian Tire are eligible to earn CT Money or to be redeemed for. Conditions apply. Visit triangle.com for full program rules and Partner location information. The offered rate is exclusive of any bonus or promotional offers or redemption transactions. CT Money is collected on the pre-tax amount of the purchase. Bonus CT Money may take up to 5 weeks to be applied to the Member’s Triangle Rewards Account. No rainchecks. Single use only per Triangle Rewards Account.

* Offer begins at 12:00 a.m. Central Time (“CT”) on November 26, 2025 and ends at 11:59 p.m. CT on December 7, 2025 (“Promotion Period”). Valid only on qualifying purchases of 5-litre bottles of Pennzoil® Full Synthetic motor oil products made in-store at participating Canadian Tire retail locations in Canada or online at canadiantire.ca during the Promotion Period. Qualifying purchase must be made in one transaction. Void where prohibited or otherwise restricted by law. The total maximum rebate possible is $30 per person, household or address (e-mail and physical). All online submissions must be completed by 11:59 p.m. CT on December 22, 2025. An original printed retailer identified and dated purchase receipt showing the required qualifying Pennzoil® Full Synthetic motor oil purchase (brand and product required on receipt) during the Promotion Period must accompany all submissions. NOTE: For purchases made on a participating retailer’s online website, the purchase receipt (defined above), with the order confirmation/order number, as well as the shipping confirmation or final delivery/pick-up receipt is required. Submissions without this proof of purchase will be denied. Orders that are canceled and/or product returns are ineligible for this offer. Purchases by an installer for use in its business do not qualify for this offer. Bulk submissions or bundled submissions by retailers, or any other entity, on behalf of consumers, are not permitted. Case purchases of qualifying product in any pack size do not qualify for this offer. Shell Canada Products reserves the right to cancel, rescind, modify or extend this offer, in whole or in part, at any time without notice. Cannot be combined with any other Shell Canada Products promotion. Allow up to 8 weeks for mailing of your rebate if you choose to receive a physical check. Offer valid only in Canada. Other restrictions apply. To view a list of participating locations and full terms and conditions, please visit www.pennzoil.ca/rebate.
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3 Interac and Interac e-Transfer are registered trademarks and the Interac logo, InLife and InLife design are trademarks of Interac Corp. See Terms of Use at https://www.interac.ca/en/interac-e-transfer-terms-of-use/Pennzoil/Quaker State trademarks are owned by Pennzoil-Quaker State Company. Used under license.
© Shell Canada Products 2025. All rights reserved. CE20427-01

*Valid October 1, 2025 - January 1, 2027 with the purchase of a white and gold Nespresso Vertuo Next Premium coffee machine (without the Aeroccino Milk Frother) ("Eligible Purchase") until depletion of available stock. Purchase receipt together with the serial number of the coffee machine must be uploaded to promo.nespresso.ca by February 1, 2027. Receive 30 Nespresso coffee capsules (one (1) sleeve of Intenso, one (1) sleeve of Odacio and one (1) sleeve of Melozio) ("Nespresso Pods"), or while supplies last. No rainchecks. The 30 Nespresso coffee capsules can only be redeemed once (1) per customer. Offer is non-transferable, cannot be exchanged/redeemed for cash and cannot be combined with any other offer. Visit promo.nespresso.ca for full details.

*The Triangle Rewards Program is owned and operated by Canadian Tire Corporation, Limited. Triangle® credit cards are issued by Canadian Tire Bank. Rewards are in the form of electronic Canadian Tire Money® (CT Money®). To collect bonus CT Money you must present a Triangle Rewards card/key fob, or use any approved Cardless method, at time of purchase or pay with a Triangle credit card. You cannot collect paper Canadian Tire Money on bonus offers. Any bonus multiplier is based on the base rate of collecting CT Money (0.4%), and will be added to whatever the Member would otherwise collect, without the bonus. Example: On a $100 (pre-tax) purchase with a 20x bonus multiplier a Member would earn a bonus $8 in CT Money (20 X 0.4% X $100). Not all items sold are eligible to earn CT Money or to be redeemed for. Conditions apply. Visit triangle.com for full program rules and Partner location information. The offered rate is exclusive of any bonus or promotional offers or redemption transactions. Minimum purchase of $200 or more required to receive the 20x bonus. Minimum $200 spend is on the pre-tax amount on the same tender and for a single transaction. $200 must be spent on items that earn CT Money. CT Money is collected on the pre-tax amount of the purchase. Bonus CT Money may take up to 5 weeks to be applied to the Member’s Triangle Rewards Account. No rainchecks.

®/™ Mastercard, World Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated.

®/TM Unless otherwise noted, all trademarks are owned by Canadian Tire Corporation, Limited and are used under licence.

20x Bonus CT Money^®* when you spend $200+*

Mastercraft Magnetizer and Demagnetizer for Screwdrivers, Screws, Drill Bits and Other Steel Tools

Mastercraft Magnetizer and Demagnetizer for Screwdrivers, Screws, Drill Bits and Other Steel Tools

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