For sale 49$424,000
4249 Highway 520 Highway
Magnetawan, Ontario P0A1P0
For sale· Added
About this home
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.
Location
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Property details
Listing
- MLS® number
- X13683388
- Added
- Aug 17, 2026 ()
- Updated
- Oct 10, 2026 ()
- Info refreshed
Overview
- Property type
- Single Family
- Building type
- Residential Commercial Mix
- Storeys
- 2
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Half baths
- 1
- Heating
- Forced air, Propane
- Cooling
- None
- Fireplace
- No
- Appliances
- Microwave, Water Treatment, Water Heater
Building
- Basement
- Unfinished, Full
- Exterior
- Vinyl siding
- Foundation
- Block
- Parking
- No Garage · 6 spaces
Land
- Frontage
- 71.6 ft
- Lot area
- 0.268 acres
- Zoning
- CV
Services
- Water
- Dug Well
- Sewer
- Septic System
- Utilities
- Electricity, Cable
Location
- Cross streets
- Sparks(Hwy 520) and Burrows
- Directions
- Highway 124, right on Hwy 520 to SOP in Magetawan.
Running costs
- Annual property tax
- $2,310
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