145 Syples Street,Burk's Falls, ON P0A 1C0
Burk's Falls, ON P0A 1C0
Description
Maximize Your ROI: Turn-Key Airbnb Property with Vendor Take-Back (VTB) MortgageUnlock a rare, high-yield investment on the serene shores of the Magnetawan River in Burk's Falls. Operating as a successful Airbnb with five fully renovated luxury units, this asset offers immediate cash flow. The seller is open to offering a Vendor Take-Back (VTB) Mortgage, lowering your barrier to entry and providing flexible financing.Investment Strategy & FlexibilityActive Airbnb Setup: Turn-key operations ready for immediate short-term rental income.Flexible VTB Financing: Capitalize on seller financing to bypass rigid traditional bank guidelines.Diverse Revenue Stream: 5 separate units allow for a mix of short-term, medium-term, or long-term rentals.Premium Optimization: Luxury finishes command top-tier nightly rates and maximize occupancy.Asset Breakdown & LayoutTotal Living Space: 5,888+ sq. ft. of refined, top-to-bottom renovated space.Total Capacity: 11 spacious bedrooms distributed across 5 high-end units.Main Floor (3 Units): Optimized for high-turnover guests (570 sq. ft. | 707 sq. ft. | 980 sq. ft.).Upper Level (2 Premium Suites): Perfect for larger groups or luxury stays (1,580 sq. ft. | 898 sq. ft.).
Details
| MLS # | X13629784 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Price Change |
| Year | 0 |
| Days On Site | 41 |
| Listing Provided By | REAL ONE REALTY INC. | X13629784 112800 |
Features
| Bed(s) | 11 |
|---|---|
| Bath(s) | 7 |
| Story(s) | 2 |
| Acreage | 1.08 |
| Water Front | Direct |
Interior
| Interior Features | Built-In Oven, Other |
|---|---|
| Cooling | Central Air |
| Heat Source | Gas |
| Fireplace Yes / No | No |
Exterior
| Roof | Asphalt Rolled |
|---|---|
| Foundation Details | Concrete |
| Water View | Direct |
| Construction Materials | Brick, Concrete |
Parking
| Garage Yes / No | No |
|---|---|
| Parking Features | Front Yard Parking, Private |
Utilities
| Sewer | Sewer |
|---|
Taxes
| Tax Annual Amount | 13722 |
|---|---|
| Tax Legal Description | Surface Rights Only Lots 13, 14, 15 West Side Syples Street, Plan 26, Village of Burk's Falls |
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Burk's Falls |
| Postal Code | P0A 1C0 |
| Area | Burk's Falls |
| Listing VS Median (in P0A 1C0) | |
Price: $2,498,000 low | high Med: $299,000 On site: 41 low | high Med: 42 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Parry Sound |
| City | Burk's Falls |
| Postal Code | P0A 1C0 |
| Area | Burk's Falls |
| Listing VS Median (in P0A 1C0) | |
Price: $2,498,000 low | high Med: $299,000 On site: 41 low | high Med: 42 | |
