2442 HIGHWAY 520
London and St. Thomas · P0A1C0
$850,000
About this residence
An incredible opportunity awaits on the shores of Lake Cecebe! This versatile property offers a blend of residential comfort and commercial potential, making it an ideal investment for entrepreneurs, multi-family buyers, or those looking to create a thriving campground or cottage rental business. The 4-bedroom, 2-bath main home, set on just under 2 acres, features a separate entrance and an unspoiled basement currently used as a workshop. While the home requires some TLC, its spacious layout and prime location offer endless possibilities. The real highlight is the property's zoning approval for up to six cabins and multiple tent and trailer sites, complemented by two drilled wells, two septic systems, and 10 water hookups previously used for trailer connections. A private beach, dock, and direct lake frontage provide excellent swimming, boating, and fishing access, with over 40 miles of waterways to explore. Whether catering to fishing and ice fishing enthusiasts, ATV and snowmobile riders, or summer vacationers, the possibilities here are endless. Adding even more value, an additional lakefront lot across Highway 520 is included, enhancing your waterfront footprint. With convenient access from Hwy 11 and located in the picturesque Almaguin Highlands, this is a rare chance to own a prime waterfront investment just north of Muskoka. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 4 (4 above)
- Bathrooms
- 2 (1 half)
- Storeys
- 2
- Living area
- 1,500–2,000 sq ft
- Lot size
- 272.3 x 226.2 FT
- Frontage
- 272.3 feet
- Parking
- 10 spaces
- Annual tax
- $2,275
- MLS®
- X12031542
- Board
- London and St. Thomas
- Status
- Inactive
- Listed
- Mar 20, 2025
- Updated
- Dec 15, 2025
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | 4.27 × 3.96 m |
| Living room | Main level | 4.27 × 4.27 m |
| Sunroom | Main level | 7.01 × 4.88 m |
| Bedroom | Main level | 3.35 × 3.05 m |
| Bedroom 2 | Main level | 3.05 × 3.05 m |
| Bedroom | Second level | 3.96 × 3.35 m |
| Bedroom 4 | Second level | 1.98 × 1.52 m |
| Bathroom | Main level | — |
| Bathroom | Main level | — |
Features & finishes
Appliances
- Water Heater
- Satellite Dish
Heating
- Other
Basement
- Separate entrance
- Walk-up
Exterior
- Vinyl siding
Foundation
- Stone
Parking
- No Garage
Lot
- Dry
- Open space
- Waterway
Sewer & Utilities
- Septic System
- Electricity
- Wireless
Views
- Direct Water View
Financing
Estimated monthly payment
$3,975/mo
Loan amount
$680,000
Down payment
$170,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
London and St. Thomas
Nearby
About the area
Census · P0A- 17,822
- Population
- 57
- Median age
- $68,000
- Median income
- $400,000
- Median home value
- 87%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 2442 HIGHWAY 520?
2442 HIGHWAY 520 is listed for $850,000, in London and St. Thomas.
How many bedrooms and bathrooms does 2442 HIGHWAY 520 have?
It offers 4 bedrooms and 2 bathrooms (including 1 half-bath).
What type of home is 2442 HIGHWAY 520?
2442 HIGHWAY 520 is a Single Family, House set over 2 storeys.
How large is 2442 HIGHWAY 520?
The home offers approximately 1,500–2,000 sq ft of living space on a lot measuring 272.3 x 226.2 FT.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $3,975. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $2,275 per year.
Is there parking?
Yes — 2442 HIGHWAY 520 includes 10 parking spaces.
What is the London and St. Thomas area like?
London and St. Thomas has a population of about 17,822, a median age of 57, a 87% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in London and St. Thomas?
The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.
What is the median household income in London and St. Thomas?
The median household income in this area is approximately $68,000.
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