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5017 Highway 124 Magnetawan, Ontario P0A 1P0

9 Bedroom 7 Bathroom 6865
None Baseboard Heaters Acreage

$995,000

RESIDENTIAL / RECREATIONAL COMPOUND + THRIVING RURAL RESTAURANT in COTTAGE COUNTRY! Renowned 'Tanner's Restaurant and Inn', 10+ ACRES of PRIVACY! Includes well established restaurant, equipment, name, signage, Enjoy income from 6 self contained residential units, The main building includes restaurant and attached house (which includes 3 residential units); 1 -2 bedroom apt currently used by owners, Spacious 1 bedroom apt w/deck, Rear 1 bedroom apt with excellent tenant, Motel sized bachelor unit currently rented, 2 - 4 season homes beautifully updated; Very desirable for rentals/Air BNB, 4 septic systems, Surrounded by sought after area lakes, Fine cottages and homes, Commercial zoning allows for other businesses as well, Easy access to Highways 11 & 400, 35 mins to Parry Sound, 10 mins to Magnetawan, 2.45 hours to GTA! RARE OPPORTUNITY TO OWN YOUR OWN INCOME GENERATING BUSINESS, LAND & HOME IN THE NORTH! (id:46274)

Property Details

MLS® Number 40479452
Property Type Multi-family
Community Features High Traffic Area, School Bus
Parking Space Total 18

Building

Bathroom Total 7
Bedrooms Total 9
Basement Development Finished
Basement Type Full (finished)
Construction Material Wood Frame
Cooling Type None
Exterior Finish Vinyl Siding, Wood
Foundation Type Block
Heating Fuel Propane
Heating Type Baseboard Heaters
Stories Total 1
Size Interior 6865
Utility Water Well

Land

Access Type Road Access, Highway Access
Acreage Yes
Sewer Septic System
Size Total Text 10 - 24.99 Acres
Zoning Description Gc, Some Ep

https://www.realtor.ca/real-estate/26024427/5017-highway-124-magnetawan

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