2442 HIGHWAY 520, Magnetawan, Ontario P0A 1C0
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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
Interior
Features
Main Floor
Kitchen
4.27 x 3.96Open Concept
Living
4.27 x 4.27Open Concept
Other
7.01 x 4.88Br
3.35 x 3.05Exterior
Features
Parking
Garage spaces -
Garage type -
Total parking spaces 10