Welcome to this remarkable sale of business located in the coveted neighborhood of Magnetawan. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,799,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Awesome Opportunity For Being Your Own Boss And Living In Peace & Tranquility! Currently Running At 90% Occupancy During Peak Months With Yearly Revenue of Approximately $300,000. The Current Owners Have Created An Incredible Marketing Platform And Easy To Manage Booking System That Makes This A Turnkey Investment For Even The Novice Investor. This Almost 5 Acre Property Features 8 Efficiency Cabins Each With Their Own Kitchen And Lake Views (2 X 3 Bd/1 bath, 4 X 2 Bd/1 bath, 1 X 1bd / 1 bath, 1 X Bachelor), And A Gorgeously Renovated 4 Bd & 2 Bath Main House To Keep As Your Home Or Provide Further Rental Income. This Resort Has Over 200 Ft Of Sandy Waterfront On The Picturesque Shores Of Lake Cecebe. Endless Activities To Be Enjoyed With The Canoes, Kayaks, Paddle Boards And Pontoon Boats. There Is A Games Room Where Young And Old Can Enjoy Playing Table Tennis, Pool, Video Games And Much More. With A 2.2 Acre Lot Behind The Resort To Be Used For Storage, Parking, Or Further Development To Provide Endless Possibilities. This Is A One Of A Kind, Turnkey Investment Opportunity.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 184 Chapman Drive, Magnetawan, ON P0A 1C0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Magnetawan.
About Purchasing a Home in Magnetawan, ON
For a property listed at $2,799,999 in Magnetawan, the legal minimum down payment is $560,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $56,475 for this transaction. As this listing is in Magnetawan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $56,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.