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Renanza Realty
For sale

120 ONTARIO STREET

Burk's Falls, Ontario

MLS® X12994510

$378,000

Status
Active
Property type
Retail
MLS® number
X12994510
Bedrooms
Bathrooms
2
Year built

Listing description

So many opportunities with this renovated century home located on the busy main artery into and out of town. This well maintained building, with it's beautiful architecture, was once a thriving restaurant with outdoor patio. Two long term tenants apartment upstairs, the smaller, studio is vacant.

What other possibilities could be within these walls? With ample parking space the main floor could be repurposed as a professional space for a doctor, dentist or other local business. What about a fantastic, high traffic location for a collective of local artists or antique dealers?

Maybe convert the main floor into living quarters to expand the rental income or live there yourself? A number of buildings on this main street have done just that. Government subsidies may be available to convert the main floor area of this historic residence.

This beautiful building has so many possibilities just waiting for someone to explore them. Huge outdoor patio which could have so many uses depending on the new owner's vision. Maybe it's a communal patio/BBQ space/lunch space for the building tenants or a community garden for the area?

There's a welcoming entrance area off of the main street and lots of storage in the basement if needed. A large pylon sign for the building is located on the street and has great visibility. Whatever your plans are, this building can be the start.

Burk's Falls is an up and coming community with revival projects in place and easy access to lake country as well as quick access to the highway for the commuter and to service patrons in the area. Come and view this space. It could be exactly what you need!

Property summary

MLS® number
X12994510
Property type
Retail
Square footage
3,200 sq ft
Land size
149.33 acres
Annual property taxes
$6,139.72
Days on market
137 days

Features & details

Heating
Forced air, Natural gas
Cooling
None
Appliances
All

What would this home cost you?

Based on the $378,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,759 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of Royal LePage Lakes Of Muskoka Realty, BURKS FALLS.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.