$2,498,000
↓ $200,000 from $2,698,000
Est. payment $11,061/moCalculate yours
145 Syples Street, Burk’s Falls, ON P0A 1C0
Burk's Falls, Burk's Falls, ON P0A 1C0
- 11 Beds
- 7 Baths
- 5,000 Sq Ft
Listing courtesy of REAL ONE REALTY INC. MLS® X13629784
About this home
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.).
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 5,000 sqft
Interior
- Bedrooms
- 11
- Bathrooms
- 7
- Kitchens
- 5
- Basement
- Other
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick, Concrete
- Foundation
- Concrete
- Roof
- Asphalt Rolled
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 197.71 x 237.25 Feet
- Parking
- Other garage · 12 total
Financial
- Property Taxes
- $13,722 (2025)
Location
- Neighbourhood
- Burk's Falls
- Cross Street
- Ontario Street (520) to Yonge St to Syples Street
- Direction Faces
- East
Listing
- MLS® Number
- X13629784
- Days on Market
- 78
- Listed On
- 2026-08-01
- Possession
- TBD
- Listed By
- REAL ONE REALTY INC.
Features
Interior
- Built-In Oven
- Other
Pool
- None
Mortgage calculator
Estimated mortgage payment
$11,061 per month
- Principal and interest
- $11,061
- Property tax
- $1,144
- Condo fees
- $0
- Estimated monthly cost
- $12,204
Your mortgage
- Mortgage amount
- $1,998,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $1,319,781
Cash to close
- Down payment
- $499,600
- Land transfer tax
- $48,925
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $548,525
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.