Patio, cottage for 2442 HIGHWAY 520, Magnetawan Ontario P0A 1C0
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A pic from exterior of the house or condo, the view of lake or river for 2442 HIGHWAY 520, Magnetawan Ontario P0A 1C0
207 days on Market

2442 HIGHWAY 520, Magnetawan, Ontario P0A 1C0

Detached
4
2
- sqft
$989,999
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Detached
4
2
- sqft

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Highlights

Estimated ValueNot available

Price/Sqft-

Est. Mortgage$4,252/mo

Tax Amount (2021)$2,200/yr

Days On Market207 days


Description

Situated on a generous lawn with breathtaking views over Lake Cecebe, this property offers a unique combination of a 4-bedroom, 2-bath home and a lucrative commercial opportunity. Included in the sale is an additional lakefront lot across the two-lane highway, enhancing the allure of this offering. The property is zoned for both residential comfort and commercial ventures, including tent and trailer camping, cottage rentals, and potential boat slip leasing, making it ideal for investors, entrepreneurs, or those looking for a multi-family retreat. With two septics, two drilled wells, and 10 water hookups for trailer connections, the infrastructure is in place for immediate development. The main house, requiring some TLC, features a separate entrance and an unspoiled basement currently used as a workshop. This land boasts not only a private beach and dock but also approval for up to 6 cabins and numerous tent and trailer sites, offering endless possibilities for development. Whether it's swimming, boating on over 40 miles of waterway, cliff jumping, water sports, or fishing, Lake Cecebe provides an idyllic setting. Conveniently located on Hwy 520, close to Hwy 11, and just north of Muskoka in the beautiful Almaguin Highlands, this property represents a rare investment opportunity!


Property Details

Style2-Storey
View-
Age of property51-99
SqFt-
Lot Size61,580 SqFt(226.19 x 272.25)
Parking Spaces10
MLS ®NumberX10781217
Community NameArmour
Data SourceTRREB

Features

Heating: Other
Basement: Sep Entrance, Walk-Up

Main Floor

Kitchen

4.27 x 3.96

Open Concept

Living

4.27 x 4.27

Open Concept

Other

7.01 x 4.88

Br

3.35 x 3.05


Features

Lot size: 61,580 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 10


Property History

Now
ListedFor Salefor$989,999Active
207 days on market
Listing by trreb®
history photo preview40
ListedFor Salefor$1,200,000Expired
Stayed — days on market
Listing by itso®
history photo preview31
Jun 30, 2022
ListedFor Salefor$1,200,000Expired
Stayed 90 days on market
Listing by trreb®
history photo preview11
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