Gurvinder Nokwal REALTOR®
For Sale Store W Apt/Office 62 days on market

$424,000

Est. payment $1,877/moCalculate yours

4249 Highway 520 Highway, Magnetawan, ON P0A 1P0

Magnetawan, Magnetawan, ON P0A 1P0

  • 2 Beds
  • 2 Baths
  • 1,500 Sq Ft
Map

Listing courtesy of RE/MAX Parry Sound Muskoka Realty Ltd MLS® X13683388

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.

Property details

Overview

Property Type
Store W Apt/Office
Style
2-Storey
For
For Sale
Status
New
Size
1,500 sqft

Interior

Bedrooms
2
Bathrooms
2
Kitchens
1
Basement
Full, Unfinished

Building & Systems

Heating
Forced Air (Propane)
Cooling
None
Exterior
Vinyl Siding
Foundation
Concrete Block
Roof
Metal
Water
Well
Sewer
Septic

Lot & Parking

Lot Size
71.57 x 166 Feet
Parking
None garage · 6 total
Zoning
CV

Financial

Property Taxes
$2,310 (2026)

Location

Neighbourhood
Magnetawan
Cross Street
Sparks(Hwy 520) and Burrows
Direction Faces
West

Listing

MLS® Number
X13683388
Days on Market
62
Listed On
2026-08-17
Possession
Flexible
Listed By
RE/MAX Parry Sound Muskoka Realty Ltd

Features

Interior

  • Water Heater Owned
  • Water Treatment

Pool

  • None
Included
Desk in office, Fridge, Stove, small microwave in office.
Excluded
Upstairs Tenants personal belongings; All chattels and fixtures in the hair salon
Rental items
Propane Tank

Mortgage calculator

Minimum for this price: $21,200 (5%)

Amortization, years

Estimated mortgage payment

$1,877 per month

Principal and interest
$1,877
Property tax
$192
Estimated monthly cost
$2,070

Your mortgage

Mortgage amount
$339,200
Mortgage insurance
Not needed
Interest over 25 years
$224,014

Cash to close

Down payment
$84,800
Land transfer tax
$4,955
Total, before legal fees
$89,755
Talk to me about financing

Estimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.

Location

4249 Highway 520 Highway, Magnetawan, ON P0A 1P0 Magnetawan, Magnetawan, ON P0A 1P0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$424,000 4249 Highway 520 Highway, Magnetawan, ON P0A 1P0
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