4249 Highway 520 Highway, Magnetawan, ON P0A 1P0
Magnetawan, ON, P0A 1P0 · Magnetawan
About this property
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.
Features & Amenities
- Basement: Full, Unfinished
- Garage: None
- Cooling: None
- Heat Type: Forced Air
- Heat Source: Propane
- Style: 2-Storey
- Construction: Vinyl Siding
- Sewer: Septic
Property Details
| Property Type | Residential Freehold |
|---|---|
| Property Sub-Type | Store W Apt/Office |
| Architectural Style | 2-Storey |
| Bedrooms | 2 |
| Bathrooms | 2 |
| Lot Size | 0 Feet |
| Basement | Full, Unfinished |
| Garage | None |
| Parking Spaces | 6 |
| Heat Type | Forced Air |
| Heat Source | Propane |
| Cooling | None |
| Sewer | Septic |
| Annual Tax | $2,250 |
| Tax Year | 2026 |
Interior Features
- Interior Features
- Water Heater Owned, Water Treatment
Exterior Features
- Pool Features
- None
Building & Construction
- Architectural Style
- 2-Storey
- Construction Materials
- Vinyl Siding
- Foundation Details
- Concrete Block
- Roof
- Metal
- Basement
- Full, Unfinished
Heating & Cooling
- Heat Type
- Forced Air
- Heat Source
- Propane
- Cooling
- None
Parking & Garage
- Garage Type
- None
- Parking Spaces
- 6
- Parking Total
- 6.00
- Parking Features
- Private
- Covered Spaces
- 0
Lot & Land
- Lot Size Area
- 0.27
- Lot Size Units
- Feet
- Lot Depth
- 166.00
- Lot Width
- 71.57
Financial & Tax
- Tax Annual Amount
- $2,250
- Tax Year
- 2026
- Possession Type
- Flexible
- Possession Details
- Flexible
Utilities & Services
- Sewer
- Septic
- Water Source
- Dug Well
Room Details
- Rooms Above Grade
- 7
- Kitchens Above Grade
- 1
- Kitchens Total
- 1
- Bedrooms Above Grade
- 2
Additional Details
- Occupant Type
- Tenant
- Direction Faces
- West
- County Or Parish
- Parry Sound
- Cross Street
- Sparks(Hwy 520) and Burrows
- Directions
- Highway 124, right on Hwy 520 to SOP in Magetawan
- Special Designation
- Unknown
- Showing Requirements
- Showing System
Location
4249 Highway 520 Highway, Magnetawan, ON P0A 1P0, Magnetawan, ON, P0A 1P0