Gurvinder Nokwal REALTOR®
For Sale Multiplex 78 days on market

$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
Map

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

Minimum for this price: $499,600 (20%)

Amortization, years

Estimated mortgage payment

$11,061 per month

Principal and interest
$11,061
Property tax
$1,144
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
Total, before legal fees
$548,525
Talk to me about financing

Estimates 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

145 Syples Street, Burk’s Falls, ON P0A 1C0 Burk's Falls, Burk's Falls, ON P0A 1C0
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Listing data is provided under license and deemed reliable but not guaranteed. MLS®, Multiple Listing Service® and associated logos are trademarks of The Canadian Real Estate Association (CREA).

$2,498,000 145 Syples Street, Burk’s Falls, ON P0A 1C0
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