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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Magnetawan
About 4244 Highway 520
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.
Magnetawan business priced at $1,795,000 — book a tour to see if it fits your search.
Inside 4244 Highway 520
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
25058.36
Listing & possession
Property class
Sale Of Business
4244 Highway 520 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13668352$1,795,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 4244 Highway 520 Compares to the Magnetawan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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How long is your commute?
From 4244 Highway 520. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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Book a tour of 4244 Highway 520 with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 4244 Highway 520 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Keep looking near 4244 Highway 520
Homes for sale in Magnetawan
Every active Magnetawan MLS® listing, updated all day.
Average days on market41Homes sold in about 41 days on average.
Sale-to-list ratio94.4%On average, homes sold below asking.
Active listings74Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 21 sales from Jul 24 – Oct 22, 2026 (14 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 4244 Highway 520
How much is 4244 Highway 520 listed for?
4244 Highway 520 is listed at $1,795,000 (MLS® X13668352). Summitly updates the price as soon as the MLS® record changes.
Has the price of 4244 Highway 520 changed?
No — 4244 Highway 520 is still listed at its original asking price of $1,795,000.
How many bedrooms and bathrooms does 4244 Highway 520 have?
The listing for 4244 Highway 520 doesn't publish its bedroom and bathroom count. It is a commercial property in Magnetawan.
How does 4244 Highway 520 compare with other homes in Magnetawan?
Its asking price of $1,795,000 is about 318% above the median sold price in Magnetawan over the last 90 days, $429,000, across 21 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 4244 Highway 520 been sold before?
Summitly has no earlier MLS® sale or lease of 4244 Highway 520 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 4244 Highway 520?
4244 Highway 520 is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 4244 Highway 520 been on the market?
72 days — 4244 Highway 520 was listed on August 11, 2026.
What is the land transfer tax on 4244 Highway 520?
About $32,375 in Ontario land transfer tax at the asking price of $1,795,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 4244 Highway 520 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 4244 Highway 520?
The listing for 4244 Highway 520 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Magnetawan.
When was 4244 Highway 520 built?
The listing for 4244 Highway 520 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
