4249 Highway 520
Magnetawan, ON P0A 1P0
- —Bedrooms
- 2Bathrooms
- —Garage
- —Sq Ft
- $2,310Tax
- 72×166 ftLot Size
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Sale & Price History for 4249 Highway 520, Magnetawan
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.
About 4249 Highway 520, Magnetawan
Summarized Description
- Renovated commercial building with two units.
- Updated two-bedroom apartment above commercial space.
- Turnkey property with extensive renovations.
- Located on main street for excellent visibility.
- Part of a vibrant four-season community.
- Access to five-lake chain for recreation.
- Ideal for entrepreneurs and investors.
- Flexible live/work lifestyle opportunities available.
Exceptional mixed-use investment opportunity in the heart of Magnetawan. This renovated commercial building offers the perfect blend of business potential, investment value, and small-town charm. Featuring two commercial units on the main level and a beautifully updated two-bedroom apartment above, the property is ideal for entrepreneurs, investors, or anyone looking for a flexible live/work lifestyle.Over the past 14 years, the building has been extensively renovated including windows, insulation, roof, siding, and wiring giving you the confidence of a turnkey property with little left to do. Positioned directly on the main street/highway through town, it offers excellent visibility, easy access, and exposure to both year-round residents and seasonal visitors.Located in a vibrant four-season community on a stunning five-lake chain, Magnetawan is loved for its welcoming atmosphere, popular farmers' market, sandy beach and park, active community events, and endless outdoor recreation. Whether you're looking to grow a business, generate rental income, or invest in a thriving Northern Ontario destination, this property is packed with opportunity.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,310
- Land Transfer Tax Fee
- $4,955
Rental Items
- Rental Equipment
- Propane Tank
Interior Features
- Security Features
- No
- Fireplace/Stove
- No
- Elevator
- No
Building
- Building Type
- Store W Apt/Office
Lot
- Lot Front
- 71.56 ft
- Lot Depth
- 166.07 ft
- Lot Size
- 0.268
- Lot Shape
- Rectangular
Inclusions
- Inclusions
- Desk in office, Fridge, Stove, small microwave
Exclusions
- Exclusions
- Upstairs Tenants personal belongings; All chattels and fixtures in the hair salon
Parking & Garages
- Garage Type
- None
- Parking Spaces
- 6
Heating & Cooling
- Heat Type
- Propane Gas
- Air Conditioning
- No
- Water
- Well
- Sewers
- Septic
- Washrooms
- 2
Washrooms
- —-piece
- Municipality
- Magnetawan
- Neighbourhood
- Magnetawan
- Main cross streets
- Sparks(Hwy 520) and Burrows
- Zoning
- CV
- Directions
- Highway 124, right on Hwy 520 to SOP in Magetawan
- MLS® number
- X13683384
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-08-17
- Updated on
- 2026-10-10
- Days on market
- 61 days
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- RE/MAX Parry Sound Muskoka Realty Ltd
Home Market Value
Current home valuation for 4249 Highway 520, Magnetawan, Magnetawan, ON. Listed for $424,000
HOMEH Estimate
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Estimated Sales Range
—
HOMEH Estimate for 4249 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% of purchase price for homes $500K or less
$21,200
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $16,112 | $11,830 | $10,091 | $0 |
=Total mortgage | $418,912 | $393,430 | $370,491 | $339,200 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,045monthly | $1,921monthly | $1,809monthly | $1,656monthly |
Land Transfer Tax
$4,955
$4,955
Around this home
No schools found nearby
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