145 Syples Street, Burk's Falls, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Burk's Falls. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $2,698,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 11 Bedrooms and 7 Bathrooms with 5 functional kitchens
- Generous living space spanning 5000 + sqft on a premium 197.71 x 237.25 ft lot
- Features a other basement, adding superb versatility for recreation, a home gym, or extra storage
- 12.0 total parking spaces available with a convenient other configuration
- Notable attributes: Built-In Oven, Other
- equipped with central air central cooling and highly efficient forced air heating via gas
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.).
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Property Summary
This multiplex located at 145 Syples Street, Burk's Falls is currently for sale and has been available on SousaSells for 5 days. This property is listed at $2,698,000 with an estimated mortgage of $8,981* per month. It has 11 beds, 7 bathrooms, and is 5000 + square feet. 145 Syples Street, Burk's Falls is in the Burk's Falls neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 11 bedrooms and 7 bathrooms, this home offers ample space and comfort for growing families in Burk's Falls, Burk's Falls.
- •11 spacious bedroom layout offering versatile living space
- •7 well-appointed bathrooms
- •5000 + sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Burk's Falls, Burk's Falls.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- Built-In Oven
- Other
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 145 Syples Street, Burk's Falls, ON
Q.What is the asking price for 145 Syples Street, Burk's Falls, ON ?
The current listing price for 145 Syples Street, Burk's Falls, ON in Burk's Falls, Burk's Falls is $2,698,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 11 bedrooms and 7 bathrooms across approximately 5000 + sqft.
Q.What property type and architectural style is 145 Syples Street, Burk's Falls, ON ?
145 Syples Street, Burk's Falls, ON is a Multiplex (2-Storey) featuring a Other basement.
Q.What interior features are included in this home?
Interior highlights include: Built-In Oven, Other.
Q.Is parking available at this property?
Yes, this property offers parking space for 12.0 vehicles (Other).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Burk's Falls, ON
For a property listed at $2,698,000 in Burk's Falls, the legal minimum down payment is $539,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $53,925 for this transaction. As this listing is in Burk's Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $53,925.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.