2442 Highway 520
Magnetawan, Magnetawan, P0A 1C0
FOR SALE
$850,000
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BEDROOMS2
BATHROOMS1
KITCHENS9
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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.
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Property Features
Upgraded Insulation, Water Heater, Other, Circular Drive, Carbon Monoxide Detectors, Smoke Detector, Beach Front, Dock
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Property Details
Address
2442 Highway 520
Community
City
Postal Code
P0A 1C0
Property Type
Detached, Detached
Zoning
CT
Lot Size
272' x 226'
Taxes
$2,275 (2024
Basement
Walk-Up, Separate Entrance
Exterior
Recreational Area
Heat Type
Other
Heat Source
Propane
Water
Well
Parking Spaces
10
Garage Type
None
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Listing contracted with Fair Agent Realty
This beautiful Waterfront cottage on Poverty Bay in the serene setting of Magnetawan offers a picturesque view of the dock and waterfront. The perfect getaway, this property is ideal for anyone looking to purchase a vacation home or seeking a secluded lifestyle away from the City. Imagine spending your days kayaking and fishing right from your own private dock! Featuring an open concept floor plan with 3 bedrooms on the second level and 1 on the main level, along with 2 full baths, this cottage boasts 9ft ceilings and hardwood floors throughout. The views from the property are simply breathtaking. A bonus Master retreat awaits with its own balcony that overlooks the beautiful landscape and waterfront. In the colder months, you can cozy up to the wood-burning fireplace on the lower level. The property offers 300ft of water frontage and over an acre of land, providing ample space for seasonal activities. Additionally, there is a 20x24ft Bunkhouse and deck for hosting friends and family. Maintenance is made easy with features like a newer drilled well, septic system, UV water filtration, 200 amp service, generator plug, screened-in front porch, and storage for boats and lawn equipment under the front porch. Don't miss out on this opportunity!
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Your wait is over! Upon arriving and well before, your venture to Magnetawan and Loon Lake Rd welcoming 100 acres surrounded by Lakes and nature will feel like HOME! Truly unique peaceful retreat includes a 70% Completed Custom - Built home showing impeccable craftsmanship and modern efficiency. Details and finishes include ICF Construction from the Slab-on-Grade Foundation to the Rafters, R60 Insulation, Steel Roof, vaulted ceiling in open concept bright and spacious Kitchen/Living & Dining maximizing serene views from everywhere. Inviting and well laid out with 3 bedrooms, 2 bathrooms (ensuite for Primary), Main floor laundry and storage with Lofts at both ends of home adds living and personality to the feel. Oversized attached garage with 14 foot ceilings and 12 x 12 foot entrance provides access to utility room. Loft above with rough-in and further development potential. Located within access to 2 lakes in the immediate area this stunning property consists of a mix of lush hardwood, red pine, natural and unparalleled setting awaits. Community of Magnetawan. Homeowner, a Professional Contractor, can provide details, Drawings, Renditions COMPLETE details available upon request.
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