145 Syples Street

Burk's Falls, Burk's Falls, P0A 1C0

$2,498,000

Reduced $200,000 from $2,698,000

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  • 11 bedrooms
  • 7 bathrooms
  • 12 parking
  • 5000 + sq ft

Listed 79 days ago · 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.).

Details

Type
Multiplex
Style
2-Storey
Size
5000 + sq ft
Lot
197.71 × 237.25 ft
Basement
Other
Garage
Other
Kitchens
5
Property tax
$13,722 (2025)
Neighbourhood
Burk's Falls
Municipality
Burk's Falls

Interior

Bedrooms
11 above ground
Bathrooms
7 × 4-piece
Rooms
15 above ground
Family room or den
Yes
Fireplace
No
Features
Built-In Oven

Heating, cooling and services

Heating
Forced Air, Gas
Air conditioning
Central Air
Water and sewer
Sewer

Building and exterior

Style
2-Storey
Exterior
Brick, Concrete
Roof
Asphalt Rolled
Foundation
Concrete
Faces
East
Waterfront
Direct

Parking

Total parking
12
Driveway and parking
Front Yard Parking, Private

Lot

Size
197.71 × 237.25 ft

More

Possession
TBD
Cross street
Ontario Street (520) to Yonge St to Syples Street

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Car-dependent

No subway, LRT or GO station within a short trip.

Within a 10-minute walk: no grocery stores, 3 cafés and restaurants, 1 park. Nearest park: Burk's Falls Fairgrounds (950 m).

Schools nearby

Elementary

  • Land of Lakes Elementary School
    EQAO: Gr 6 reading 65%, math 35%
    10 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area P0A

Owners / renters
87% / 13%
Median household income
$68,000
Average age
50
Children under 15
12%
Homes
92% detached, 0% high-rise
Commute by transit
1%
Population
17,822

Languages spoken most at home besides English: German 0.2%, Polish 0.1%, Hungarian 0.1%, Spanish 0.1%.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario).

Living here

Commute

Noise 1 source nearby

  • 🛣️ Highway 11350 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by REAL ONE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.