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.
| MLS # | X13683388 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 20 |
| Listing Provided By | RE/MAX Parry Sound Muskoka Realty Ltd | X13683388 547700 |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 |
| Basement | Y |
| Story(s) | 2 |
| Acreage | 0.27 |
| Interior Features | Water Heater Owned, Water Treatment |
|---|---|
| Cooling | None |
| Heat Source | Propane |
| Fireplace Yes / No | No |
| Roof | Metal |
|---|---|
| Foundation Details | Concrete Block |
| Construction Materials | Vinyl Siding |
| Security Features | None |
| Garage Yes / No | No |
|---|---|
| Parking Features | Private |
| Sewer | Septic |
|---|
| Tax Annual Amount | 2250 |
|---|---|
| Tax Legal Description | PT LT 9 W/S NORTH SPARKS ST, 10 W/S NORTH SPARKS ST PL 319 AS IN RO184989; MAGNETAWAN |
| Tax Year | 2026 |
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Magnetawan |
| Postal Code | P0A 1P0 |
| Area | Magnetawan |
| Listing VS Median (in P0A 1P0) | |
Price: $424,000 low | high Med: $774,450 On site: 20 low | high Med: 76.5 | |
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Magnetawan |
| Postal Code | P0A 1P0 |
| Area | Magnetawan |
| Listing VS Median (in P0A 1P0) | |
Price: $424,000 low | high Med: $774,450 On site: 20 low | high Med: 76.5 | |