145 SYPLES STREET
Burk's Falls, Ontario
MLS® X13629784
$2,498,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- X13629784
- Bedrooms
- 11
- Bathrooms
- 7
- Year built
- —
1 / 22Listing 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.)
Property summary
- MLS® number
- X13629784
- Property type
- Multi-family
- Building type
- Other
- Land size
- 197.7 x 237.3 FT
- Annual property taxes
- $13,722.00
- Parking
- 12 spaces · Other, No Garage
- Days on market
- 47 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Central air conditioning
- Basement
- Other, See Remarks, N/A
- Appliances
- Water meter, Oven - Built-In
- Exterior features
- Concrete, Brick
- View
- Direct Water View
What would this home cost you?
Based on the $2,498,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of REAL ONE REALTY INC., RICHMOND HILL.
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.