Paper‐based advanced functional materials have become the focus of intense research in recent years. Particularly, magnetic papers show strong potential for applications in a wide range of 4.0 technologies including communication, magnetic sensing, electromagnetic filtering, magnetic‐based health care tools, point‐of‐care microfluidic devices, and security. In situ and lumen‐loading, the main methods to prepare magnetoactive papers, have problems such as the rigorous reaction conditions, hard control of deposition location, decreased tensile strength, poor retention of magnetic nanoparticles, or the obligation to perform the magnetic impregnation during the papermaking process, that hinder their applicability. Those issues are addressed in the present work, in which ≈20 nm Fe3O4 nanoparticles are hydrothermally synthesized and later incorporated in a wax‐based home‐made cartridge and nanoimpregnated into paper by a thermal process leading to a magnetic paper with improved stress and strain at rupture and Young's modulus, 30 MPa, 4.5%, and 2 GPa, respectively, when compared to neat paper, 15 MPa, 3.5%, and ≈1 GPa, respectively. Additionally, the reported magnetic impregnation method provides the paper with a 0.2 emu g–1 magnetic saturation, allowing it to work as a bending actuator with a bending of 12 mm at an applied magnetic field of 105 mT.