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

$2,698,000
11
BD
7
BA

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List Price
$2,698,000
MLS#
X13629784
Status
ACTIVE
Type
Multifamily
SubType
Multiplex
Style
2-Storey
Bedrooms
11
Bathrooms
7
Living Area
5000 +
Province
ON
Municipality
Burk's Falls
Area
Parry Sound
Neighborhood
Burk's Falls
Subdivision
Ontario Street (520) To Yonge St To Syples Street

Property 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.).

Additional Information

Taxes
$13,722
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Family Room
Yes
Kitchens
5
Exterior
Brick, Concrete
Waterfront Type
Direct
Garage Type
Other
Pool
None
Parking Spaces
12
Parking Type
Front Yard Parking, Private

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Listing courtesy of REAL ONE REALTY INC..