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2442 Highway 520 Magnetawan, Ontario P0A 1C0

4 Bedroom 2 Bathroom
Other Waterfront

$989,999

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:38414)

Property Details

MLS® Number X12031542
Property Type Single Family
Community Name Magnetawan
Easement Unknown
Features Waterway, Open Space, Dry
ParkingSpaceTotal 10
Structure Dock
ViewType Direct Water View
WaterFrontType Waterfront

Building

BathroomTotal 2
BedroomsAboveGround 4
BedroomsTotal 4
Age 51 To 99 Years
Appliances Water Heater, Satellite Dish
BasementFeatures Separate Entrance, Walk-up
BasementType N/a
ConstructionStatus Insulation Upgraded
ConstructionStyleAttachment Detached
ExteriorFinish Vinyl Siding
FireProtection Smoke Detectors
FoundationType Stone
HalfBathTotal 1
HeatingFuel Propane
HeatingType Other
StoriesTotal 2
Type House
UtilityWater Drilled Well

Parking

No Garage

Land

AccessType Year-round Access, Private Docking
Acreage No
Sewer Septic System
SizeDepth 226 Ft ,2 In
SizeFrontage 272 Ft ,3 In
SizeIrregular 272.25 X 226.19 Ft
SizeTotalText 272.25 X 226.19 Ft|1/2 - 1.99 Acres
ZoningDescription Ct

Rooms

Level Type Dimensions
Second Level Bedroom 3.96 m x 3.35 m
Second Level Bedroom 4 1.98 m x 1.52 m
Main Level Kitchen 4.27 m x 3.96 m
Main Level Living Room 4.27 m x 4.27 m
Main Level Sunroom 7.01 m x 4.88 m
Main Level Bedroom 3.35 m x 3.05 m
Main Level Bedroom 2 3.05 m x 3.05 m
Main Level Bathroom Measurements not available
Main Level Bathroom Measurements not available

Utilities

Wireless Available

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March 24 2025 10:18:56

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