145 SYPLES STREET, Burk's Falls
$2,498,000
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 45 days to sell over the last 730 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 83, across 55 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 57 days.
The median sale price was $425,900.
Homes sold for about 5.3% below asking on average, so there was room to negotiate.
About 7% of sales closed above the list price.
Around 29% of sellers reduced their price before finding a buyer.
- Median days to sell
- 45
- Median sale price
- $425,900
- Sale-to-list ratio
- 94.7%
- Sold above asking
- 7%
Based on 55 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
$2,999,900
Multiplex1465,000–100,000 sqft50 WANISKA AVENUE, Stonegate-Queensway, Toronto
$2,395,000
Multiplex2075,000–100,000 sqft342 FRANK STREET, 4103 - Ottawa Centre, Ottawa
$1,990,000
Multiplex1245,000–100,000 sqft80 KENNEDY ROAD N, Madoc, Brampton
$2,299,900
Detached9+365,000–100,000 sqft6 PINEHURST LANE, Anten Mills, Springwater
$2,999,999
Detached8+275,000–100,000 sqft120 HIGHPOINT CRESCENT, Grey Highlands, Grey Highlands
$4,299,000
Detached355,000–100,000 sqft2458 WILKINSON ROAD, Havelock, Dysart et al
$4,398,000
Detached335,000–100,000 sqft1629 CANNING ROAD, Morrison, Gravenhurst
$2,750,000
Detached5+165,000–100,000 sqft24 WHITEWOOD DRIVE, Ballantrae, Whitchurch-Stouffville