4249 Highway 520 Highway, Magnetawan, ON P0A 1P0
Magnetawan · Near Sparks(Hwy 520) and Burrows · View map
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.
The home
- Type
- Store w apt / office
- Style
- 2-Storey
- Square footage
- 1500-2000 sq ft
- Bedrooms
- 2
- Bathrooms
- 2
- Kitchens
- 1
- Rooms
- 7
- Basement
- Full, Unfinished
- Lot size
- 71.6 x 166 ft
- Faces
- West
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Exterior
- Vinyl Siding
Heating & cooling
- Heating fuel
- Propane
- Heating type
- Forced Air
- Fireplace
- No
Garage & parking
- Driveway spaces
- 6
- Total parking
- 6
- Parking features
- Private
Taxes & other
- Property taxes
- $2,310/yr
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Sparks(Hwy 520) and Burrows
- Neighbourhood
- Magnetawan
More
- Price per sq ft
- ~$242 (at 1,750 sq ft)
- MLS® number
- X13683388
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The home and its surroundings
- Water Heater Owned
- Water Treatment
- 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.
4249 Highway 520 Highway, Magnetawan, ON P0A 1P0
Magnetawan · Near Sparks(Hwy 520) and Burrows
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Listing history for 4249 Highway 520 Highway
See what this home and others at the same address were listed for, what they sold for, and how long it took.
Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.
Frequently asked questions about 4249 Highway 520 Highway
Answers come straight from this home’s MLS® listing.
How much is 4249 Highway 520 Highway listed for, and what would it cost each month?
4249 Highway 520 Highway is listed for $424,000. With 20% down ($84,800), the mortgage payment would be roughly $1,710 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,903 a month, all in. That figure is an illustration, not a quote.
Is 4249 Highway 520 Highway freehold or a condo, and is there a monthly fee?
4249 Highway 520 Highway is a store w apt / office 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.
How many bedrooms and bathrooms does 4249 Highway 520 Highway have?
4249 Highway 520 Highway has 2 bedrooms and 2 bathrooms. The listing gives the style as 2-storey.
Does 4249 Highway 520 Highway have a garage and parking?
The listing does not show a garage. The driveway adds 6 spaces. In total the listing counts 6 parking spaces.
Does 4249 Highway 520 Highway have a finished basement?
The listing describes the basement as full, unfinished.
What style of home is 4249 Highway 520 Highway?
4249 Highway 520 Highway is a store w apt / office. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How big is 4249 Highway 520 Highway, and what is the lot size?
The listing puts the home between 1,500 and 2,000 sq ft. The board reports a range rather than an exact figure, and it usually leaves out the basement. The lot is listed as 71.6 x 166 ft.
How is 4249 Highway 520 Highway heated and cooled?
Heating is forced air (propane). The listing does not show air conditioning.
What are the property taxes for 4249 Highway 520 Highway?
Property taxes are $2,310 a year (2026), or about $192 a month.
Where is 4249 Highway 520 Highway?
4249 Highway 520 Highway is in Magnetawan. The nearest main intersection is Sparks(Hwy 520) and Burrows. The postal code is P0A 1P0.
Is 4249 Highway 520 Highway still for sale?
Yes. It is an active listing (MLS® X13683388). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 4249 Highway 520 Highway asking?
Similar properties for sale nearby right now include 4249 Highway 520 Highway at $424,000, 3772 Highway 520 Expressway at $499,900 and 46 - 180 Forest Lane at $439,900 (2 bed). These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 4249 Highway 520 Highway 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 4249 Highway 520 Highway?
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.
Store w apt / office$424,0004249 Highway 520 Highway, Magnetawan2 bath · MagnetawanCourtesy of: RE/MAX Parry Sound Muskoka Realty LtdView home →
Land$499,9003772 Highway 520 Expressway, MagnetawanMagnetawanCourtesy of: CAPITAL NORTH REALTY CORPORATIONView home →
Detached home$439,90046 - 180 Forest Lane, Magnetawan2 bed · 1 bath · MagnetawanCourtesy of: RE/MAX Parry Sound Muskoka Realty LtdView home →Courtesy of: RE/MAX Parry Sound Muskoka Realty Ltd
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.