2442 HIGHWAY 520 N/A Active Save Request In-Person Tour Request Virtual Tour
Magnetawan,ON P0A 1C0
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Subdivision Magnetawan
MLS Listing ID X12031542
Style 2-Storey
Bedrooms 4
Building Age 51-99
Annual Tax Amount $2,275
Tax Year 2024
Lot Size 0.500 Acres
Property Sub-Type Detached
Property Description
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.
Location
Province ON
County Parry Sound
Community Magnetawan
Area Parry Sound
Body of Water Lake Cecebe
Rooms
Family Room Yes
Basement Walk-Up,Separate Entrance
Kitchen 1
Interior
Interior Features Upgraded Insulation,Water Heater
Cooling None
Fireplace No
Heat Source Propane
Exterior
Exterior Feature Recreational Area
Parking Features Other,Circular Drive
Pool None
Roof Type Shingles
Topography Dry,Open Space,Waterway
Lot Frontage 272.25
Lot Depth 226.19
Total Parking Spaces 10
Building
Foundation Stone
New Construction false
Others
Security Features Carbon Monoxide Detectors,Smoke Detector