$ 989.999

2442 Highway 520, Burks Falls

  • Bedrooms: 4
  • Bathrooms: 2
  • Type: Residential
  • Added: 171 days ago
  • Updated: 5 days ago
  • Last Checked: 21 hours ago
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:1945)
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Property DetailsKey information about 2442 Highway 520

  • Heating: Propane, Other
  • Stories: 2
  • Structure Type: House
  • Exterior Features: Vinyl siding
  • Foundation Details: Stone

Interior FeaturesDiscover the interior design and amenities

  • Basement: Full
  • Appliances: Satellite Dish, Water Heater
  • Bedrooms Total: 4
  • Bathrooms Partial: 1

Exterior & Lot FeaturesLearn about the exterior and lot specifics of 2442 Highway 520

  • Lot Features: Waterway, Open space, Dry
  • Parking Total: 10
  • Lot Size Dimensions: 272.25 x 226.19 FT
  • Waterfront Features: Waterfront

Location & CommunityUnderstand the neighborhood and community

  • Directions: S Horn Lake Rd / Highway 520
  • Common Interest: Freehold

Utilities & SystemsReview utilities and system installations

  • Sewer: Septic System

Tax & Legal InformationGet tax and legal details applicable to 2442 Highway 520

  • Tax Year: 2023
  • Tax Annual Amount: 2200
  • Zoning Description: CT

Additional FeaturesExplore extra features and benefits

  • Security Features: Smoke Detectors
  • Property Condition: Insulation upgraded
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Nearby Listings Stat

Active listings
1
Min Price
$989,999
Max Price
$989,999
Avg Price
$989,999
Days on Market
170 days
Sold listings
0
Min Sold Price
$0
Max Sold Price
$0
Avg Sold Price
$0
Days until Sold
days

Nearby Places

Name
Type
Address
Distance
Lake Cecebe
The lake has over 20 miles of shoreline...
2.0 km
Lighthouse Landing Camp
Campground
Burk's Falls
5.6 km
Birch Crest Resort
Real estate agency
South Horn Lake Rd
6.5 km
Ryerson, Ontario
It was named after Egerton Ryerson, the Chief Supe...
6.8 km
Magnetawan
The core rock samples done by Walfried Schwerdtner...
7.2 km
Magnetawan Historical Museum
Museum
520 Hwy
7.7 km
L'Ange Cafe & Mustard Shop
Restaurant
109 Sparks
7.7 km
Old Man's Lake
The lake drains over a small waterfall into Ahmic ...
8.4 km
Spence, Ontario
Approximately 10 km north of Dufferin Bridge it wa...
9.7 km
Ahmic Lake
Wealthy American tourists have been visiting the a...
10.7 km
Ye Old Cutter Camp
Campground
400 Ontario
10.8 km
Casa Foods
Restaurant
222 Ontario St
11.0 km
Additional Information about 2442 Highway 520

This House at 2442 Highway 520 Burks Falls, ON with MLS Number x8382132 listed by STEVEN LONEY - FAIR AGENT REALTY on Burks Falls market 171 days ago at $989,999

We have found 5 Houses that closely match the specifications of the property located at 2442 Highway 520 with distances ranging from 2 to 9 kilometers away. The prices for these similar properties vary between 648,000 and 999,999.

The current price of the property is $989,999, and the mortgage rate being used for the calculation is 4.44%, which is a rate offered by Ratehub.ca. Assuming a mortgage with a 16% down payment, the total amount borrowed would be $831,599. This would result in a monthly mortgage payment of $4,629 over a 25-year amortization period.

More Details?
  • STEVEN LONEY
  • FAIR AGENT REALTY
  • 519-266-3560
  • WebSite