4249 Highway 520 Highway

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.

Details

Type

Store W Apt/Office

Style

2-Storey

Size

1500-2000 sq ft

Lot

71.57 × 166 ft

Basement

Full, Unfinished

Garage

None

Kitchens

1

Property tax

$2,310 (2026)

Neighbourhood

Magnetawan

Municipality

Magnetawan

Interior

Bedrooms

2 above ground

Bathrooms

1 × 2-piece (main), 1 × 4-piece (second)

Rooms

7 above ground

Family room or den

No

Fireplace

No

Features

Water Heater Owned, Water Treatment

Heating, cooling and services

Heating

Forced Air, Propane

Water and sewer

Septic

Building and exterior

Style

2-Storey

Exterior

Vinyl Siding

Roof

Metal

Foundation

Concrete Block

Faces

West

Parking

Total parking

6

Driveway and parking

Private

Lot

Size

71.57 × 166 ft (rectangular)

Acreage

< .50

More

Possession

Flexible

Cross street

Sparks(Hwy 520) and Burrows