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145 Syples Street
homes for sale · Burk's Falls
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$2,498,000

145 Syples Street

Burk's Falls · MLS® X13629784

11712

House · Multi-family · 84 days on market

listed by ALBERT YU, REAL ONE REALTY INC.

realtor's 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 details

type
House, Multi-family
bedrooms
11
bathrooms
7
parking
12
property tax
$13,722 / yr
days on market
84
MLS®
X13629784

features

  • Water meter
  • Oven - Built-In

monthly cost

$12,027/mo
Mortgage $10,884 · Tax $1,144

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment
$10,884/ monthly
loan $1,998,400
25-year amortization
total interest
$1,266,664
cash to close
$499,600
down payment; transfer tax and fees not included
total paid
$3,265,064

Estimates only. Rates change daily and lenders qualify at the stress-test rate. Talk to a mortgage broker before you offer.

location

Burk's FallsGoogle Maps ↗

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listed by
ALBERT YU
REAL ONE REALTY INC.
call ALBERT · 905-597-8511
Powered by: REALTOR.ca

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location

Burk's FallsGoogle Maps ↗
0

Walkability 0/100 · Car needed for most errands

Nothing everyday within a 10 minute walk.

mihom score from OpenStreetMap places, by straight line distance.

264 Boy Scouts Road, Burk's Falls
264 Boy Scouts Road, Burk's Falls, photo 2
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264 Boy Scouts Road, Burk's Falls, photo 4
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264 Boy Scouts Road, Burk's Falls, photo 6
264 Boy Scouts Road, Burk's Falls, photo 7
264 Boy Scouts Road, Burk's Falls, photo 8
House
$1,950,000
4methe deep dive
264 Boy Scouts Road
Burk's Falls58 days on market
listed by Royal LePage Lakes Of Muskoka Realty
4217
MLS® X13717214