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List Price: $989,999

2442 HIGHWAY 520 N/A, Magnetawan, P0A 1C0

- By FAIR AGENT REALTY
Detached|MLS - #X12031542|New
4 Bed
2 Bath
None Garage

Price comparison with similar homes in Magnetawan

Compared to 1 similar home
91.1% Higher↑
Market Avg. of (1 similar homes)
$518,000

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Room Information

Room TypeFeaturesLevel
Kitchen
4.27 x 3.96 m
Main
Living Room
4.27 x 4.27 m
Main
Bedroom
3.35 x 3.05 m
Main
Bedroom 2
3.05 x 3.05 m
Main
Bedroom
3.96 x 3.35 m
Second
Bedroom 4
1.98 x 1.52 m
Second

Client Remarks

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.
Property Description

2442 HIGHWAY 520 N/A, Magnetawan, P0A 1C0

Property type

Detached

Lot size

.50-1.99 acres

Style

2-Storey

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Walk-Up,Separate Entrance

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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Walk around the neighborhood
2442 HIGHWAY 520 N/A, Magnetawan, P0A 1C0
Nearby Places
Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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