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2442 Highway 520 Magnetawan, Ontario P0A 1C0

4 Bedroom 2 Bathroom
Other Waterfront

$989,999

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. (id:53086)

Property Details

MLS® Number X12031542
Property Type Single Family
Community Name Magnetawan
Easement Unknown
Features Waterway, Open Space, Dry
Parking Space Total 10
Structure Dock
View Type Direct Water View
Water Front Name Lake Cecebe
Water Front Type Waterfront

Building

Bathroom Total 2
Bedrooms Above Ground 4
Bedrooms Total 4
Age 51 To 99 Years
Appliances Water Heater, Satellite Dish
Basement Features Separate Entrance, Walk-up
Basement Type N/a
Construction Status Insulation Upgraded
Construction Style Attachment Detached
Exterior Finish Vinyl Siding
Fire Protection Smoke Detectors
Foundation Type Stone
Half Bath Total 1
Heating Fuel Propane
Heating Type Other
Stories Total 2
Type House
Utility Water Drilled Well

Parking

No Garage

Land

Access Type Year-round Access, Private Docking
Acreage No
Sewer Septic System
Size Depth 226 Ft ,2 In
Size Frontage 272 Ft ,3 In
Size Irregular 272.25 X 226.19 Ft
Size Total Text 272.25 X 226.19 Ft|1/2 - 1.99 Acres
Zoning Description Ct

Rooms

Level Type Dimensions
Second Level Bedroom 3.96 m x 3.35 m
Second Level Bedroom 4 1.98 m x 1.52 m
Main Level Kitchen 4.27 m x 3.96 m
Main Level Living Room 4.27 m x 4.27 m
Main Level Sunroom 7.01 m x 4.88 m
Main Level Bedroom 3.35 m x 3.05 m
Main Level Bedroom 2 3.05 m x 3.05 m
Main Level Bathroom Measurements not available
Main Level Bathroom Measurements not available

Utilities

Wireless Available

https://www.realtor.ca/real-estate/28051178/2442-highway-520-magnetawan-magnetawan