4249 Highway 520 Highway
Magnetawan, ON
- 2 bed
- 2 bath
- approx. 1500-2000 sqft
- Store W Apt/Office
- 33 days on market
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.
Listing Details
- Taxes (2026)
- $2,250
- Listed
- August 17, 2026
Price History
Listing history
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Property
- Style
- 2-Storey
- Construction
- Vinyl Siding
- Roof
- Metal
- Foundation
- Concrete Block
- Interior
- Water Heater Owned, Water Treatment
- Lot Size
- 71.57 x 166 Feet
Parking
- Garage
- None
- Covered Spaces
- 0
- Total Parking
- 6
Utilities
- Water
- Dug Well
- Sewer
- Septic
- Heat Source
- Propane
Location & Legal
- Cross Street
- Sparks(Hwy 520) and Burrows
- Zoning
- CV
- Parcel Number
- 520810660
- Possession
- Flexible
- Occupancy
- Tenant
Included
- Inclusions
- Desk in office, Fridge, Stove, small microwave in office.
- Exclusions
- Upstairs Tenants personal belongings; All chattels and fixtures in the hair salon
- Rental Items
- Propane Tank
Schools
Elementary
- Magnetawan Central Public School0.7 km
Public · Near North DSB · 80 students
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board.
Community
Postal area P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Magnetawan · last 12 months
- Median sold price
- $429,000
- Homes sold
- 43
- Median days on market
- 52
- Sale-to-list price
- 92.7%
Based on 43 recorded sales of residential freehold properties in Magnetawan over the last 12 months.
Listed by
RE/MAX Parry Sound Muskoka Realty Ltd
Walk Score
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Location
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Mortgage Calculator
$84,800
Estimated Monthly Payment
$2,083
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $2,083/mo (20% down, 5.5%)
Taxes: $188/mo · Insurance: $106/mo
Estimates only. Consult a financial advisor.
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