$850,000

Detached

2442 HIGHWAY 520, Magnetawan, ON

302 DAYS
4
2
0
1500-2000
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Listed by FAIR AGENT REALTY

Property Highlights

Parking

10 spaces

Property Tax

$2,275/yr

Age

51-99 yrs

Lot Size

.50-1.99 ac

Style

2-Storey

Basement

Walk-Up, Separate Entr.

Waterfront

Y

Monthly Cost

$3,779/mo

About This Home

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.

Monthly Cost

Monthly Mortgage$3,589
Property Tax ($2,275/yr)$190
Total$3,779

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Main Level

Kitchen: 4.27m × 3.96m
Living Room: 4.27m × 4.27m
Bathroom: 0.0 × 0.0
Sunroom: 7.01m × 4.88m
Bathroom: 0.0 × 0.0
Bedroom: 3.35m × 3.05m
Bedroom 2: 3.05m × 3.05m

Second Level

Bedroom 4: 1.98m × 1.52m
Bedroom: 3.96m × 3.35m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage