REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,698,000
Est. payment /mo
New
145 Syples ST Burk's Falls, ON P0A 1C0
11 Beds
7 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 5000 +
Subdivision Burk'S Falls
MLS Listing ID X13629784
Style 2-Storey
Bedrooms 11
Annual Tax Amount $13,722
Tax Year 2025
Property Sub-Type Multiplex
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.).
Location
Province ON
County Parry Sound
Area Parry Sound
Rooms
Family Room Yes
Basement Other
Kitchen 5
Interior
Interior Features Built-In Oven, Other
Cooling Central Air
Fireplace No
Heat Source Gas
Exterior
Parking Features Front Yard Parking, Private
Pool None
Waterfront Description Direct
Roof Type Asphalt Rolled
Lot Frontage 197.71
Lot Depth 237.25
Total Parking Spaces 12
Building
Foundation Concrete
Others
ParcelsYN No
Listed by REAL ONE REALTY INC.