2442 HIGHWAY 520 N/A Image 1

$989,999

6 days agoDetached For Sale
bedrooms4bed
washrooms6bath
MLS - #X12031542

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

1
Similar Homes Found
$518,000
Average Price
91.1%
Higher than average

Price Comparison

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

Property Description

Property type

Detached

Lot size

.50-1.99 acres

Style

2-Storey

Approx. Area

N/A

Room Information

Room TypeDimension (length x width)FeaturesLevel
Kitchen4.27 x 3.96 mN/AMain
Living Room4.27 x 4.27 mN/AMain
Sunroom7.01 x 4.88 mN/AMain
Bedroom3.35 x 3.05 mN/AMain

About 2442 HIGHWAY 520 N/A

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.

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Walk-Up, Separate Entrance

Building size

--

Status

In-Active

Property sub type

Detached

Maintenance fee

$N/A

Year built

--

Listed by FAIR AGENT REALTY

Additional Details

Basement:Walk-Up, Separate Entrance
Cooling:None
Heating:Other
Parking Features:Other, Circular Drive

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$3781.13/ month
$791,999 Principal and Interest
$950,399 Property Taxes

Location

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Walk Score for 2442 HIGHWAY 520 N/A

Some information about this property - HIGHWAY 520 N/A

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