145 Syples Street
Burk's Falls, ON
- 11 bed
- 7 bath
- approx. 5000 + sqft
- Multiplex
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.).
Listing Details
- Taxes (2025)
- $13,722
- Originally Listed
- $2,698,000
- Listed
- August 1, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Brick, Concrete
- Roof
- Asphalt Rolled
- Foundation
- Concrete
- Interior
- Built-In Oven, Other
- Lot Size
- 197.71 x 237.25 Feet
Parking
- Garage
- Other
- Covered Spaces
- 0
- Total Parking
- 12
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Ontario Street (520) to Yonge St to Syples Street
- Parcel Number
- 521390372
- Possession
- Flexible
- Occupancy
- Vacant
Schools
Elementary
- Land of Lakes Elementary School0.9 km
Public · Near North DSB · 320 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 35% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area P0A
- Population
- 17,822
- Private dwellings
- 14,748
- Median age
- 56.8
- Average household size
- 2.2
- Median household income
- $68,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Residential Freehold in Burk's Falls · last 12 months
- Median sold price
- $399,950
- Homes sold
- 28
- Median days on market
- 67
- Sale-to-list price
- 93.0%
Based on 28 recorded sales of residential freehold properties in Burk's Falls over the last 12 months.
Listed by
REAL ONE REALTY INC.
Walk Score
Walk
Bike
Scores by Walk Score®
Location
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Mortgage Calculator
$499,600
Estimated Monthly Payment
$12,272
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $12,272/mo (20% down, 5.5%)
Taxes: $1,144/mo · Insurance: $625/mo
Estimates only. Consult a financial advisor.
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