377 days on market
$850,000

2442 Highway 520 N/A
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Magnetawan

4 Bed|2 Bath|Yes|377 days on market

$850,000

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Home Details

Taxes
$190 / month
Total Parking Spots
10
Garage Spaces
10
Furnished
No
Move-in Date
Flexible
Hydro Included
No
Heating
Other
Water Included
No
Family Room
Yes
Basement
Walk-Up, Separate Entrance
Fireplace
N
Air Conditioning
None
Central Vaccum
No
Exterior
Vinyl Siding
Zoning
CT
Sewer
Septic
Property Type
Residential Freehold
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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.

Mortgage Calculator

Your estimated monthly payment for 2442 Highway 520 N/A is 5,070

Price

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Rate

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Ammortization

Down Payment

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Total Mortgage


Purchase Price$989,999
Down Payment$198,000
Mortgage Insurance$0
Total Mortgage$791,999

Monthly Payment


Mortgage Payment$4,880
Property Taxes$190
Maintenance Fees$0
Monthly Payment$5,070
$5,070
monthly

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 $850,000 on Wed Jan 14 2026. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: . This property comes with 10 parking spots.


MLS#: undefined · $850,000 · 4 bedroom house in Magnetawan