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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
City: Magnetawan
Neighborhood: Magnetawan
Purchase Price | $989999 |
Down Payment | $198000 |
Mortgage Insurance | $0 |
Total Mortgage | $791999 |
Mortgage Payment | $4880 |
Property Taxes | $190 |
Maintenance Fees | $0 |
Monthly Payment | $5070 |
Sold Comparables homes near 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