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2442 Highway 520 Magnetawan, ON

$989,999
|
4 Beds
|
  1 Full / 1 Half
|

PROPERTY INFO

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. (id:4555)

PROPERTY SPECS

Listing ID X12031542
Address 2442 HIGHWAY 520
City Magnetawan, ON
Price $989,999
Bed / Bath 4 / 1 Full, 1 Half
Construction Vinyl siding
Land Size 272.25 x 226.19 FT
Type House
Status For sale

EXTENDED FEATURES

Appliances Satellite Dish, Water HeaterBasement N/ABasement Features Separate entrance, Walk-upParking 10Easement UnknownFeatures Dry, Open space, WaterwayOwnership FreeholdStructure DockViews Direct Water ViewWater-front WaterfrontConstruction Status Insulation upgradedFire Protection Smoke DetectorsFoundation StoneHeating OtherHeating Fuel PropaneUtility Water Drilled Well Date Listed 2025-03-20 18:01:32Days on Market 50Parking 10
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226.881.0754
robvan68@outlook.com

REQUEST MORE INFORMATION

LISTING OFFICE:
Fair Agent Realty, Steven Loney
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