2442 Highway 520, Burk S Falls

4pc Bathroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 1

46 Photos

4pc Bathroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 2
Bedroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 3
Bedroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 4
Bedroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 5
Bedroom - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 6
Bonus Room - 2442 Highway 520, Burk S Falls, ON P0A1C0 Photo 7
  • Bedrooms: 4
  • Bathrooms: 2
  • Living area: 1685 sqft
  • MLS®: 40526743
  • Type: Residential
  • Added: 114 days ago

Property Details

Situated on a generous lawn with breathtaking views over Lake Cecebe, this property offers a unique combination of a 4-bedroom, 2-bath home and a lucrative commercial opportunity. Included in the sale is an additional lakefront lot across the two-lane highway, enhancing the allure of this offering. The property is zoned for both residential comfort and commercial ventures, including tent and trailer camping, cottage rentals, and potential boat slip leasing, making it ideal for investors, entrepreneurs, or those looking for a multi-family retreat. With two septics, two drilled wells, and 10 water hookups for trailer connections, the infrastructure is in place for immediate development. The main house, requiring some TLC, features a separate entrance and an unspoiled basement currently used as a workshop. This land boasts not only a private beach and dock but also approval for up to 6 cabins and numerous tent and trailer sites, offering endless possibilities for development. Whether it's swimming, boating on over 40 miles of waterway, cliff jumping, water sports, or fishing, Lake Cecebe provides an idyllic setting. Conveniently located on Hwy 520, close to Hwy 11, and just north of Muskoka in the beautiful Almaguin Highlands, this property represents a rare investment opportunity! (id:1945)

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Property Information

  • Sewer: Septic System
  • Cooling: None
  • Heating: Propane
  • Stories: 2
  • Basement: Unfinished, Full
  • Utilities: Electricity, Telephone
  • Year Built: 1960
  • Appliances: Satellite Dish
  • Directions: S Horn Lake Rd / Highway 520
  • Living Area: 1685
  • Lot Features: Country residential
  • Photos Count: 46
  • Water Source: Drilled Well
  • Parking Total: 10
  • Bedrooms Total: 4
  • Structure Type: House
  • Water Body Name: Lake Cecebe
  • Common Interest: Freehold
  • Parking Features: Covered, Visitor Parking
  • Subdivision Name: Magnetawan
  • Tax Annual Amount: 2200
  • Exterior Features: Vinyl siding
  • Security Features: Smoke Detectors
  • Community Features: School Bus
  • Foundation Details: Stone
  • Zoning Description: CT
  • Architectural Style: 2 Level
  • Waterfront Features: Waterfront
Room Dimensions
Type Level Dimensions
4pc Bathroom Second level '' x ''
4pc Bathroom Main level '' x ''
Bedroom Second level 5'0'' x 6'6''
Bedroom Second level 11'0'' x 13'0''
Bedroom Main level 10'0'' x 10'0''
Bedroom Main level 10'0'' x 11'0''
Bonus Room Main level 16'0'' x 23'0''
Living room Main level 14'0'' x 14'0''
Kitchen Main level 13'0'' x 14'0''
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members of The Canadian Real Estate Association

Nearby Places

Name Type Address Distance
Lake Cecebe The lake has over 20 miles of shoreline... 2.0 km
Lighthouse Landing Camp Campground Burk's Falls 5.7 km
Birch Crest Resort Real estate agency South Horn Lake Rd 6.5 km
Ryerson, Ontario It was named after Egerton Ryerson, the Chief Supe... 6.8 km
Magnetawan The core rock samples done by Walfried Schwerdtner... 7.2 km
Magnetawan Historical Museum Museum 520 Hwy 7.7 km
L'Ange Cafe & Mustard Shop Restaurant 109 Sparks 7.8 km
Old Man's Lake The lake drains over a small waterfall into Ahmic ... 8.4 km
Spence, Ontario Approximately 10 km north of Dufferin Bridge it wa... 9.7 km
Ahmic Lake Wealthy American tourists have been visiting the a... 10.7 km
Ye Old Cutter Camp Campground 400 Ontario 10.8 km
Casa Foods Restaurant 222 Ontario St 11.0 km
Similar Houses Stat in Burk S Falls
We have found 6 Houses that closely match the specifications of the property located at 2442 Highway 520 with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 689,000 and 949,999, providing a good range for comparison. Moreover, we have also discovered that there are a few open Houses in the P0A1C0 postal code area of Burk S Falls Ontario Canada.
2442 Highway 520 mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 2442 Highway 520. The current price of the property is $999,999, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $799,999. This would result in a monthly mortgage payment of $4,676 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 15
Certificate of Qualification 20
College 85
University degree at bachelor level or above 20

Neighbourhood Marital Status Stat

Married 270
Widowed 35
Divorced 30
Separated 10
Never married 80
Living common law 70
Married or living common law 340
Not married and not living common law 150

Neighbourhood Construction Date

1961 to 1980 75
1981 to 1990 20
1991 to 2000 35
2001 to 2005 10
2006 to 2010 10
1960 or before 55
Comparison of 2442 Highway 520, Burk S Falls, ON with Nearby Houses
Nearby Cities Listings Avg. price
Muskoka Lakes Homes for Sale 70 $1.076.698
Bracebridge Homes for Sale 161 $1.105.731
Gravenhurst Homes for Sale 139 $975.907
Haliburton Homes for Sale 55 $1.091.480
North Bay Homes for Sale 65 $1.047.877
Penetanguishene Homes for Sale 100 $903.494
Tiny Homes for Sale 236 $1.069.188
Midland Homes for Sale 116 $1.132.610
Popular Cities Listings Avg. price
Wasaga Beach Homes for Sale 332 $861.783
Barrie Homes for Sale 942 $1.040.750
Kawartha Lakes Homes for Sale 490 $946.575
Innisfil Homes for Sale 322 $1.412.021
Other Homes for Sale 1397 $992.161
Oshawa Homes for Sale 424 $1.038.222
Richmond Hill Homes for Sale 477 $1.645.921
Whitby Homes for Sale 327 $1.211.999
448 Chapman Drive, Magnetawan 448 Chapman Dr, Magnetawan 2429 520 Highway, Magnetawan 2415 520 Highway, Magnetawan 2442 Highway 520, Magnetawan