4249 Highway 520 Highway, Magnetawan
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. (id:1945)
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Property details for 4249 Highway 520 Highway, Magnetawan
- Type
- Residential Commercial Mix
- Bedrooms
- 2
- Bathrooms
- 2
- Lot Size
- 0.268
- Stories
- 2
- Basement
- Unfinished, Full
- Parking
- No Garage
- Heating
- Forced air, Propane
- Cooling
- None
- Exterior
- Vinyl siding
- Annual Taxes
- $2,310
Nearby Listings Stat
Estimated price and comparable properties near 4249 Highway 520 Highway
Active Listings
2
Min Price
$379,900
Max Price
$424,000
Avg Price
$401,950
Days on Market
136
days
Sold Listings
0
Min Sold Price
$N/A
Max Sold Price
$N/A
Avg Sold Price
$N/A
Days until Sold
N/A
days
Neighbourhood Census Data
Magnetawan, Ontario
Population
497
Median Age
59
Median Income
$25,728
Dwelling Value
$250,719
Housing Tenure
Owners 98%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2.2
Pop. Density: 1.8/km²
Avg Shelter Cost: $687/mo
Owners with Mortgage: 35%
Owners Spending 30%+: 17.5%
Tenants Spending 30%+: 0%
English only: 93.9%
English and French: 6.1%
Median Household Income: $55,040
Median Employment Income: $17,344
Price History
Listed
August 17, 2026
by RE/MAX Parry Sound Muskoka Realty Ltd
Current Price
$424,000
Type
Residential Commercial Mix
For Sale