A great investment opportunity! Live, work and play your cottage country dream. 25 acres includes two separate parcels with a mix of commercial & residential zoning. Includes a beautiful, waterfront home with attached 3 car garage, Inn/Motel, restaurant & rental home. Located on large and desirable Ahmic Lake, a chain of lake system with access into Lake Cecebe & Beaver Lake. Great fishing, boating, and large enough to go on a water adventure for the day. Access is directly off a year-round, municipal highway with great marketing exposure. Town of Magnetawan is near by for shopping and amenities. Short distance and simple access for rentals. Short drive to Dunchurch with additional amenities and also nursing station. All season activities in the area for yourself, family, friends & renters. Boating, swimming, fishing, ice, fishing, cross, country, skiing, snowmobiling, 4-wheeling. Not only directly from the property, but other trails, recreational activities nearby. A well run restaurant for not only renters but also local residents and traffic off the highway. The Inn has a check-in area, office and 10 well maintained and spacious rooms with walkout to Paradise. A rental home whether it's for yourself, additional rental income, or housing employees. Not only is this a beautiful waterfront property to cool off at the waterfront, there is also a pool. The primary Panabode home zoned for residential, has three upper bedrooms and two bathrooms. Lower finished level has two bedrooms and two bathrooms. Make this a large family home or rental potential with the lower level. A large property with much more potential. The dreaming doesn't stop here. Work to live not only to pay bills! |
Price | $2,200,000 |
Taxes: | $5792.94 |
Tax Type: | Annual |
Assessment Year: | 2024 |
Occupancy: | Owner |
Address: | 5333 Highway 124 N/A , Magnetawan, P0A 1P0, Parry Sound |
Postal Code: | P0A 1P0 |
Province/State: | Parry Sound |
Directions/Cross Streets: | Highway 124 |
Washroom Type | No. of Pieces | Level |
Washroom Type 1 | 0 | |
Washroom Type 2 | 0 | |
Washroom Type 3 | 0 | |
Washroom Type 4 | 0 | |
Washroom Type 5 | 0 |
Category: | Accommodation |
Building Percentage: | T |
Total Area: | 4709.00 |
Total Area Code: | Square Feet |
Area Influences: | Major Highway |
Financial Statement: | T |
Chattels: | T |
Franchise: | F |
Washrooms: | 0 |
Heat Type: | Propane Gas |
Central Air Conditioning: | No |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
RE/MAX Parry Sound Muskoka Realty Ltd |
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Type: | Com - Investment |
Area: | Parry Sound |
Municipality: | Magnetawan |
Neighbourhood: | Magnetawan |
Tax: | $5,792.94 |
Fireplace: | N |