145 SYPLES STREET, Burk's Falls
$2,698,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 11 bedrooms, 7 bathrooms
- Living area
- 100,000 sqft
- MLS®
- MLS® X13629784
- Neighbourhood
- Burk's Falls
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.).
Sold data
Homes in Burk's Falls — recent sold market
Homes in Burk's Falls took a median of 44 days to sell over the last 730 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 84, across 52 recorded sales.
The median sale price was $425,450.
Homes sold for about 6.0% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 27% of sellers reduced their price before finding a buyer.
- Median days to sell
- 44
- Median sale price
- $425,450
- Sale-to-list ratio
- 94.0%
- Sold above asking
- 6%
Based on 52 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Schools in Burk's Falls
Burk's Falls has 1 Fraser Institute–rated school (1 elementary).
- Rated schools
- 1
- Elementary
- 1
Top-rated schools in Burk's Falls
- Land of Lakes — elementaryFraser rating 3.4/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 145 SYPLES STREET
$1,799,000
Multiplex685,000–100,000 sqft154 WILLIAM STREET, Victoria Harbour, Tay
$3,390,000
Multiplex1465,000–100,000 sqft50 WANISKA AVENUE, Stonegate-Queensway, Toronto
$4,900,000
Multiplex20215,000–100,000 sqft162 ALMA STREET, Rockwood, Guelph/Eramosa
$5,450,000
Multiplex22+1165,000–100,000 sqft1395 GERRARD STREET E, Greenwood-Coxwell, Toronto
$2,480,000
Multiplex785,000–100,000 sqft184 KING STREET E, Beasley, Hamilton
$2,100,000
Multiplex12115,000–100,000 sqft280 WEIR STREET N, Homeside, Hamilton
$2,999,888
Detached10+475,000–100,000 sqft2 SAM DAVIS COURT, Rural Whitchurch-Stouffville, Whitchurch-Stouffville
$2,600,000
Detached9+365,000–100,000 sqft6 PINEHURST LANE, Anten Mills, Springwater