4244 Highway 520, Magnetawan, ON P0A 1P0
Magnetawan · Near N Sparks St/Burrows St · View map
About this home
Rare opportunity to own a convenience store business and one of a kind Restaurant with real property in Magnetawan, ON. The Convenience Store currently holds a license permitting liquor sales, providing an additional revenue opportunity and further diversifying the business. Situated on a corner lot with ample parking, just 45 minutes from Parry Sound and Huntsville. The Property's location on HWY 520 surrounding local community as well as cottage and tourist market. Plenty of room to grow business, with potential to add Beer/wine in Convenience Store, Vape store and more. First floor has 4 bed 1 bath and 3 bed 2 bath units. Second floor has 7 bedroom 1 bathroom which can be used for Airbnb/Vrbo. A true turn-key operation, perfect for a hands-on family ownership model or Investor.
The home
- Type
- Sale of business
- Square footage
- 11657 sq ft
- Lot size
- 132 x 208 ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Propane Gas
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $8,905/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- Flexible
- Cross street
- N Sparks St/Burrows St
- Neighbourhood
- Magnetawan
More
- MLS® number
- X13668352
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
4244 Highway 520 N/A, Magnetawan, ON P0A 1P0
Magnetawan · Near N Sparks St/Burrows St
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Listing history for 4244 Highway 520 N/A
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 4244 Highway 520
Answers come straight from this home’s MLS® listing.
How much is 4244 Highway 520 listed for, and what would it cost each month?
4244 Highway 520 is listed for $1,795,000. With 20% down ($359,000), the mortgage payment would be roughly $7,241 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $7,983 a month, all in. That figure is an illustration, not a quote.
Is 4244 Highway 520 freehold or a condo, and is there a monthly fee?
4244 Highway 520 is a sale of business in Magnetawan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 4244 Highway 520 have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 4244 Highway 520?
4244 Highway 520 is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 4244 Highway 520, and what is the lot size?
The lot is listed as 132 x 208 ft.
How is 4244 Highway 520 heated and cooled?
Heating is propane gas. Cooling is yes.
What are the property taxes for 4244 Highway 520?
Property taxes are $8,905 a year (2025), or about $742 a month.
Where is 4244 Highway 520?
4244 Highway 520 is in Magnetawan. The nearest main intersection is N Sparks St/Burrows St. The postal code is P0A 1P0.
Is 4244 Highway 520 still for sale?
Yes. It is an active listing (MLS® X13668352). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4244 Highway 520 asking?
Similar properties for sale nearby right now include 51 Golf Course Road at $1,260,000 (2+1 bed), 2245 Ahmic Lake Road at $1,990,000 (4 bed) and 60 Wurm Road at $1,999,000 (4 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4244 Highway 520 N/A sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 4244 Highway 520?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
Similar properties nearby
More properties for sale near Magnetawan, picked by style, size and price.
Detached home$1,260,00051 Golf Course Road, Magnetawan2+1 bed · 3 bath · MagnetawanCourtesy of: Royal LePage Lakes Of Muskoka RealtyView home →
Detached home$1,990,0002245 Ahmic Lake Road, Magnetawan4 bed · 2 bath · MagnetawanCourtesy of: Royal LePage Lakes Of Muskoka RealtyView home →
Detached home$1,999,00060 Wurm Road, Magnetawan4 bed · 3 bath · MagnetawanCourtesy of: Royal LePage Lakes Of Muskoka RealtyView home →Courtesy of: RE/MAX REAL ESTATE CENTRE INC.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.