147 days on market
$989,999
For Sale

2442 Highway 520 N/A

Magnetawan, Magnetawan

4+null Bed|2 Bath|Yes|147 days on market

$989,999

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Home Details

Taxes
$190 / month
Total Parking Spots
10
Driveway
Other, Circular
Garage Spaces
NaN
Furnished
No
Lot Size
272.25 x 226.19 Feet
Move-in Date
Flexible
Building Age
51-99 Years
Hydro Included
No
Heating
Other
Water Included
No
Kitchens
1
Family Room
Yes
Basement
Walk-Up, Sep Entrance
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
CT
Sewer
Septic
Property Type
Detached
Style
2-Storey
Status
New
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Listing Description

An incredible opportunity awaits on the shores of Lake Cecebe! This versatile property offers a blend of residential comfort and commercial potential, making it an ideal investment for entrepreneurs, multi-family buyers, or those looking to create a thriving campground or cottage rental business. The 4-bedroom, 2-bath main home, set on just under 2 acres, features a separate entrance and an unspoiled basement currently used as a workshop. While the home requires some TLC, its spacious layout and prime location offer endless possibilities. The real highlight is the property's zoning approval for up to six cabins and multiple tent and trailer sites, complemented by two drilled wells, two septic systems, and 10 water hookups previously used for trailer connections. A private beach, dock, and direct lake frontage provide excellent swimming, boating, and fishing access, with over 40 miles of waterways to explore. Whether catering to fishing and ice fishing enthusiasts, ATV and snowmobile riders, or summer vacationers, the possibilities here are endless. Adding even more value, an additional lakefront lot across Highway 520 is included, enhancing your waterfront footprint. With convenient access from Hwy 11 and located in the picturesque Almaguin Highlands, this is a rare chance to own a prime waterfront investment just north of Muskoka.
Satellite Dish, TV Tower Antenna

Property History

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Rooms

Room dimensions for 2442 Highway 520 N/A, Magnetawan
Kitchen
14 x 13182 sqft
Living
14 x 14196 sqft
Sunroom
23 x 16368 sqft
Br
11 x 10110 sqft
2nd Br
10 x 10100 sqft
Br
13 x 11143 sqft
4th Br
6 x 530 sqft
Bathroom
0 x 00 sqft
Bathroom
0 x 00 sqft

Market Trends and Insights

Mortgage Calculator

Your estimated monthly payment for 2442 Highway 520 N/A is 5070

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Total Mortgage


Purchase Price$989999
Down Payment$198000
Mortgage Insurance$0
Total Mortgage$791999

Monthly Payment


Mortgage Payment$4880
Property Taxes$190
Maintenance Fees$0
Monthly Payment$5070
$5070
monthly

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About 2442 Highway 520 N/A, Magnetawan

Located at 2442 Highway 520 N/A , this Magnetawan house is available for sale. This property was listed for $989,999 on Thu Mar 20 2025. This house's size is 272.25 x 226.19 Feet. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: Kitchen, Living, Sunroom, Br, 2nd Br, Br, 4th Br, Bathroom, Bathroom. This property comes with 10 parking spots. 2442 Highway 520 N/A, Magnetawan is situated in the Magnetawan neighbourhood.


MLS#: X12031542 · $989,999 · 4 bedroom house in Magnetawan, Magnetawan