Front of 2442 Highway 520

2442 Highway 520

Magnetawan
Terminated
1/40
Ontario Real Estate › Magnetawan
Front of 2442 Highway 520

2442 Highway 520

Magnetawan
Terminated
See all 40 photos
DetachedMLS X10781217
Last asked:Terminated Jan 3, 2025
$989,999
4 Bedrooms
2 Bathrooms
1.5K~2K Sq.Ft.
272.25 x 226.19 ft Lot
$2,200 Tax/yr

Property history

$989,999first asked
$800,000last asked
▼ 19%since May
MayFebNovSep
TerminatedSep 9, 2026
$800,000MLS® X13160008
Listed for saleMay 21, 2026
$800,000MLS® X13160008
ExpiredMay 20, 2026
$850,000MLS® X12031542
Listed for saleMar 20, 2025
$850,000MLS® X12031542
TerminatedJan 3, 2025
$989,999MLS® X10781217
Listed for saleMay 9, 2024
$989,999MLS® X10781217
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

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Property not available for sale or for rent.

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About this home

2442 Highway 520, Magnetawan

Situated on a generous lawn with breathtaking views over Lake Cecebe, this property offers a unique combination of a 4-bedroom, 2-bath home and a lucrative commercial opportunity. Included in the sale is an additional lakefront lot across the two-lane highway, enhancing the allure of this offering. The property is zoned for both residential comfort and commercial ventures, including tent and trailer camping, cottage rentals, and potential boat slip leasing, making it ideal for investors, entrepreneurs, or those looking for a multi-family retreat. With two septics, two drilled wells, and 10 water hookups for trailer connections, the infrastructure is in place for immediate development. The main house, requiring some TLC, features a separate entrance and an unspoiled basement currently used as a workshop. This land boasts not only a private beach and dock but also approval for up to 6 cabins and numerous tent and trailer sites, offering endless possibilities for development. Whether it's swimming, boating on over 40 miles of waterway, cliff jumping, water sports, or fishing, Lake Cecebe provides an idyllic setting. Conveniently located on Hwy 520, close to Hwy 11, and just north of Muskoka in the beautiful Almaguin Highlands, this property represents a rare investment opportunity!

Upgraded InsulationWater HeaterRecreational Area

Facts & features

TypeDetached
Style2-storey
Built51-99
Size1.5K~2K Sq.Ft.
Lot272.25 x 226.19 ft
Tax$2,200 (2023)
HeatingOther, propane
BasementWalk-up, separate entrance
Parking10 drive
WaterWell

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Rooms

18 rooms · 2 bathrooms
Main floor12 rooms
  • Living room14′ × 14′196 sq.ft.
  • Other23′ × 16′368 sq.ft.
  • Bedroom11′ × 10′110 sq.ft.
  • Bedroom10′ × 10′100 sq.ft.
  • Bathroom—
  • Kitchen14′ × 13′182 sq.ft.
  • Kitchen14′ × 13′182 sq.ft.
  • Living room14′ × 14′196 sq.ft.
  • Other23′ × 16′368 sq.ft.
  • Bedroom11′ × 10′110 sq.ft.
  • Bedroom10′ × 10′100 sq.ft.
  • Bathroom—
Second floor6 rooms
  • Bedroom13′ × 11′143 sq.ft.
  • Bedroom6′6″ × 5′32 sq.ft.
  • Bathroom—
  • Bedroom13′ × 11′143 sq.ft.
  • Bedroom6′6″ × 5′32 sq.ft.
  • Bathroom—
Bathrooms2
4-pcMain4-pcSecond
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Around this home

S Horn Lake Rd / Highway 520

Listing details

MLS® numberX10781217
Listed onMay 9, 2024
Days on market239
UpdatedJan 3, 2025
Listing brokerageFAIR AGENT REALTY
PossessionFlexible

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