A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 2442 HIGHWAY 520 N/A, Magnetawan Ontario P0A 1C0
5 days on Market

2442 HIGHWAY 520 N/A, 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 (2024)$2,275/yr

Days On Market5 days


Description

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 Details

Style2-Storey
View-
Age of property51-99
SqFt-
Lot Size61,580 SqFt(226.19 x 272.25)
Parking Spaces10
MLS ®NumberX12031542
Community NameArmour
Data SourceTRREB
Listing byFAIR AGENT REALTY

Features

Heating: Other
Basement: Walk-Up, Sep Entrance

Main Floor

Kitchen

4.27 x 3.96

Living

4.27 x 4.27

Sunroom

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

Mar 20, 2025
ListedActive
$989,999
5 days on market
history photo preview40
Listing by trreb®
Property listed by FAIR AGENT REALTY, Brokerage
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Population and Demographics

Overview

Total population 2402
Average household income $88,491

Age (%)

65 and plus
29%
50 to 64
26%
0 to 19
17%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
59%
Single person
36%
Multi person
4%
Multi family
1%

Mother tongue (%)

English
95%
Others
2%
German
1%
French
1%

House tenancy (%)

Owners
82%
Renters
18%

Schools and amenities

Estimated Budget