CommercialOn market 66 days

4249 Highway 520 Hwy, Magnetawan

Magnetawan, ON · · MLS® X13683388Updated October 10, 2026

$424,000

Bedrooms: 2
Bathrooms: 1
Living space: 1500–2000sq ft
Parking spaces: 6

Type Commercial
Lot 50 acres
Basement Full, Unfinished

What you should know

4249 Highway 520 Hwy is a 2-bedroom, 1-bathroom commercial in Magnetawan, listed for $424,000. It has 1500-2000 sq ft of living space.

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.

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2 Bed, 1 Bath Commercial Property in Magnetawan

About 4249 Highway 520 Highway

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.

2 bedrooms, 1 bathroom, about 1,500 sq ft, works out to roughly $283 per square foot. Chat with Zara if you'd like a deeper read on whether this commercial fits your budget and timing.

Inside 4249 Highway 520 Hwy

Every detail from the listing, in one place.

Type: Commercial
Style: 2-Storey
Living space: 1500-2000 sq ftas stated on the listing
Parking: 6 spaces
Basement: Full, Unfinished

Features & systems

Parking & garage

Parking spaces: 6

Interior

Basement: Full · Unfinished

Lot & land

Lot size (sqft): 0.268

Listing & possession

Property style: 2-Storey
Property class: Store W Apt/Office

4249 Highway 520 Hwy Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Aug 17, 2026For saleListedThis listingMLS® X13683388$424,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 4249 Highway 520 Hwy 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

Excellent Deal· based on 23 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Magnetawan market, last 90 days

Median sold price: $429,000
Average sold price: $566,647
Average days on market: 41
Homes sold: 21

Closed sales on the TRREB MLS®.

Full Magnetawan market report

Living in Magnetawan: Location & Amenities

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For homeowners nearby

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Listing brokerage: RE/MAX Parry Sound Muskoka Realty Ltd, BrokerageMLS® X13683388 · Listing data last updated October 10, 2026

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.

For sale· listed Aug 16· $283/sq ft

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5.0 · Google rating for Coldwell Banker Summit Realty, Brokerage · as of September 2026

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2 Bed, 1 Bath Commercial Property in Magnetawan