Hydrothermal characteristics of a temperature-sensitive magnetic nanofluid between two parallel plates are investigated in the presence of magnetic field produced by one or multiple line dipole(s) using the two-phase mixture model. As the nanofluid reaches the region where the magnetic field is applied, a rotation is developed due to the dependency of magnetization on temperature. This can lead to mixing in the flow and more uniform distribution of temperature due to the disturbance caused in the boundary layer, and consequently, enhancement in convective heat transfer. The results indicate that the disturbance in boundary layer adjacent to the lower wall is more significant than the upper wall. By application of the magnetic field, the convective heat transfer increases locally for both walls. Due to the intensified mixing, a sudden pressure drop occurs when the fluid reaches the region where the magnetic field is applied. For greater magnetic field strengths and lower Reynolds numbers, the improvement in convective heat transfer is more significant. For small magnetic field strengths, the effect of applying magnetic field on the upper wall is much smaller than that on the lower wall; however, this effect becomes almost the same for both walls at great magnetic field strengths.