2442 Highway 520
Magnetawan, ON P0A 1C0
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $2,360Tax
- 272×226 ftLot Size
Estimated Value:$800,000See Free Estimate Report
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About 2442 Highway 520, Magnetawan
Summarized Description
- Rare waterfront property on Lake Cecebe
- Includes private beach and dock access
- Strong potential for commercial use
- Zoned for up to six cabins
- Ideal for campground or cottage rentals
- Spacious 4-bedroom home with sunroom
- Separate entrance to walk-up basement
- Conveniently located near Highway 11
An incredible opportunity on the shores of Lake Cecebe. Set on just under 2 acres including a lakefront parcel across Highway 520 offering direct waterfront, private beach and dock. This versatile property offers residential use with strong commercial potential. The 4-bedroom, 2-bath home features a spacious layout, large sunroom, separate walk-up basement entrance, and an unfinished lower level currently used as a workshop. With CT zoning, approval for up to six cabins, multiple tent and trailer sites, two drilled wells, two septic systems, and 10 water hookups previously used for trailers, the property is well suited for a campground, cottage rental business, or multi-family retreat. Enjoy swimming, boating, fishing, ice fishing, ATVing, and snowmobiling, with access to over 40 miles of waterways. Conveniently located 12 km east of Highway 11 in the Almaguin Highlands, just north of Muskoka, this is a rare waterfront investment with room to grow.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,360
- Land Transfer Tax Fee
- $12,475
- Basement Type
- Walk-Up, Separate Entrance
Interior Features
- Interior Extras
- Upgraded Insulation, Water Heater
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Recreational Area, Fishing, Year Round Living
- Pool
- None
Building
- Building Type
- Detached
- Building Style
- 2-Storey
- Approx Age
- 51-99
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Shingles
- Foundation Details
- Stone
- Special Designation
- Unknown
Lot
- Lot Front
- 272.25 ft
- Lot Depth
- 226.19 ft
- Lot Size
- 226.19 x 272.25
- Lot Size Code
- 226.19 x 272.25
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 10
- Total Garage And Parking Spaces
- 10
Heating & Cooling
- Heat Source
- Propane
- Heat Type
- Other
- Air Conditioning
- None
- Water
- Well
- Sewers
- Septic
- Hydro
- Yes
- Telephone
- Yes
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Kitchen—Main level
- Living Room—Main level
- Sunroom—Main level
- Bedroom—Main level
- Bedroom 2—Main level
- Bedroom—Second level
- Bedroom 4—Second level
- Bathroom—Main level, 4 Pc Bath
- Bathroom—Main level, 4 Pc Bath
Washrooms
- 4-piece
- 2-piece
- Municipality
- Magnetawan
- Neighbourhood
- Magnetawan
- Main cross streets
- S Horn Lake Rd / Highway 520
- Zoning
- CT
- Directions
- 12km East along ON 520 from Hwy 11.
- Waterfront
- Direct
- MLS® number
- X13160008
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-09
- Listed on
- 2026-05-21
- Days on market
- 111 days
- Possession date
- 2026-07-01
- Possession type
- Flexible
- Co-op commission
- 2% as per sellers request
- Seller
- Listed by
- FAIR AGENT REALTY
Home Market Value
Current home valuation for 2442 Highway 520, Magnetawan, Magnetawan, ON. Listed for $800,000
HOMEH Estimate
$800,000
Estimated Sales Range
$632,000 - $968,000
HOMEH Estimate for 2442 Highway 520, Magnetawan
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $300,000 over $500K
$55,000
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $29,792 | $22,320 | $19,040 | $0 |
=Total mortgage | $774,592 | $742,320 | $699,040 | $640,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $3,782monthly | $3,624monthly | $3,413monthly | $3,125monthly |
Land Transfer Tax
$12,475
$12,475
Around this home
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