2442 HIGHWAY 520 N/A, Magnetawan, Ontario P0A 1C0 is For Sale and has a listing price of 989,999. The property is located in the Magnetawan neighbourhood . It's been on the website for 70 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 03/20/2025 | X12031542 | $989,999 | For Sale | - | - |
| 05/09/2024 | X10781217 | $989,999 | For Sale | - | - |
| 05/09/2024 | X8382132 | $989,999 | Expired | - | |
| 01/08/2024 | X8285186 | $999,999 | For Sale | - | - |