146 Simpson Street, Burk's Falls, ON
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of Burk's Falls. Expertly crafted featuring premium brick and brick front construction, this residence presents an exceptional opportunity offered at $469,900 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.
- 4 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 132 x 66 ft lot
- Features a finished, apartment, full, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Accessory Apartment
- Efficient water heating via gas
Description
Experience the charm of northern small-town living, minus the premium price tag. This beautifully updated bungalow is tucked into a quiet, well-kept neighborhood in the heart of Burk's Falls, and it checks all the boxes for families, retirees, or investors. The heart of the home features a freshly renovated, bright, open-concept kitchen, living room and dining room, that maximizes natural light providing a spacious feel perfect for both relaxation and entertaining. The main level features 3 bedrooms and 1 bathroom with the lower level an additional bedroom and bathroom. The lower level features its own separate entrance making it ideal for rental income potential. No more scraping windshields in the winter. Enjoy the convenience of an attached single-car garage with ample driveway parking. Outside the home sits on a very attractive, spacious corner lot with plenty of yard to garden, or let the kids and pets roam. Burk's Falls gives you small-town charm with big convenience. You're just 25 minutes from Arrowhead Provincial Park, 30 minutes to Huntsville for additional shopping, healthcare, and dining, and a little over 1 hour to Algonquin Park for year-round outdoor adventure - it's all within reach ! This one won't last ! Move-in ready upstairs, income-ready downstairs, and located where people actually want to live.
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Accessory Apartment
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Pricing & Value Insights
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About Purchasing a Home in Burk's Falls, ON
For a property listed at $469,900 in Burk's Falls, the legal minimum down payment is $23,495 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 $5,873 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 $5,873.
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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.