Magnetawan, ON · · MLS® X13683384Updated
$424,000
4249 Highway 520 Hwy is a 2-bathroom commercial in Magnetawan, listed for $424,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
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.
Magnetawan commercial priced at $424,000 — book a tour to see if it fits your search.
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Lot & land
Listing & possession
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
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.
Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works
Closed sales on the TRREB MLS®.
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Listing brokerage: RE/MAX Parry Sound Muskoka Realty Ltd, BrokerageMLS® X13683384 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other 2-bed homes for sale in Magnetawan around $424K.
Homes for sale in Magnetawan
Every active Magnetawan MLS® listing, updated all day.
Based on 20 sales from Jul 25 – Oct 23, 2026 (14 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
4249 Highway 520 Hwy is listed at $424,000 (MLS® X13683384). Summitly updates the price as soon as the MLS® record changes.
No — 4249 Highway 520 Hwy is still listed at its original asking price of $424,000.
4249 Highway 520 Hwy has 2 bathrooms. It is a commercial property in Magnetawan.
Its asking price of $424,000 is about 6% below the median sold price in Magnetawan over the last 90 days, $452,000, across 20 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.
Summitly has no earlier MLS® sale or lease of 4249 Highway 520 Hwy on record from the last two years. Older records aren't shown under TRREB rules.
4249 Highway 520 Hwy is in Magnetawan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
67 days — 4249 Highway 520 Hwy was listed on August 17, 2026.
About $4,955 in Ontario land transfer tax at the asking price of $424,000. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
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.
The listing for 4249 Highway 520 Hwy doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Magnetawan.
The listing for 4249 Highway 520 Hwy doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
