145 Syples Street, Burk's Falls, Ontario P0A 1C0

Listed for:
$2,698,000
11 beds
7 baths
Listed 15 days ago
Other for rent: 145 Syples Street, Burk's Falls, Ontario P0A 1C0

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About

Ontario Street (520) to Yonge St to Syples Street 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.). (id:27476)

Property Highlights

MLS® Number
X13629784
Type
Multi-family
Community Name
Burk's Falls
Land Size
197.7 x 237.3 FT
Parking Space Total
12

Building

Building Type
Other
Storeys
2.00
Square Footage
5000 - 100000 sqft
Bathrooms Total
7
Bedrooms Above Ground
11
Bedrooms Total
11
Exterior Finish
Brick, Concrete
Fireplace Present
No
Basement Type
N/A (Other, See Remarks)
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Central air conditioning

Utilities

Water
Municipal water
Utility Sewer
Sanitary sewer

Location

Learn more about this property
Listing provided by:
REAL ONE REALTY INC.
MLS® number:
X13629784
Agent:
Albert Yu
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