$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
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
Estimated mortgage payment
$1,877 per month
- Principal and interest
- $1,877
- Property tax
- $192
- Condo fees
- $0
- 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
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $89,755
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates 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
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