For Sale

2442 HIGHWAY 520, Burk's Falls, Ontario P0A1C0

$989,999

2442 HIGHWAY 520, Burk's Falls, Ontario P0A1C0 is For Sale and has a listing price of 989,999. The property is located in the Magnetawan neighbourhood. It's been on the website for 171 Days.

  • Single Family
    Property Type
  • Detached
    Building Style
  • 4
    Bedrooms
  • 2
    Bathrooms
  • 10
    Parking Spaces
  • MLS ID: X8382132
  • Office Name FAIR AGENT REALTY
Property Description

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:43137)

Property Details
  • Bedrooms: 4
  • MLS ID: X8382132
  • Bathrooms: 2
  • Price: $989,999
  • Transaction Types: For Sale
  • Ref ID: 26989692
  • Year Built: N/A
  • Building Type: House
  • Building Style: Detached
  • Property Type: Single Family
  • Property Type: All Houses
  • Property Sub Category: Detached
Price History
List Date MLS ID List Price Status End Date Closed Price
05/09/2024 40585268 $989,999 For Sale - -
05/09/2024 X8382132 $989,999 For Sale - -
01/08/2024 40526743 $999,999 For Sale - -
03/06/2023 40384229 $999,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Magnetawan
  • $612,990 Average List Price
    based on 1 year
  • 9 New Listings
    based on 30 days
  • 144 Median Days on Market
    based on 1 year
  • List vs. Selling Price 260.95 % Up
  • Sold (12mo) 10
  • Rented (12mo) 0

  • 1 Month Change +17.3%
  • 3 Month Change +17.4%
  • 6 Month Change -15.2%
Walkscore
Property Type Distribution
  • All Houses
    51.62%
  • Commercial
    38.11%
  • Land for Sale
    10.27%
Additional Details
  • Sewers Septic System
  • Heat Source Propane
  • Basement2 Full
  • Heating System Other
  • Exterior Vinyl Siding
  • Total Parking Spaces: 10
  • Property Features Open Space, Dry, Waterway
  • Waterfront: Waterfront
  • Fireplace False
  • Security Smoke Detectors
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 09/05/2024 00:00:00
  • Zoning R8
  • Agent Name: STEVEN LONEY
  • Last Updated: 16/11/2024 23:53:23
Open House Dates
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