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| 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.). |
| Price | $2,698,000 |
| Taxes: | $13722.00 |
| Assessment Year: | 2025 |
| Occupancy: | Vacant |
| Address: | 145 Syples Street , Burk's Falls, P0A 1C0, Parry Sound |
| Directions/Cross Streets: | Ontario Street (520) to Yonge St to Syples Street |
| Rooms: | 15 |
| Bedrooms: | 11 |
| Bedrooms +: | 0 |
| Family Room: | T |
| Basement: | Other |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick, Concrete |
| Garage Type: | Other |
| (Parking/)Drive: | Front Yard |
| Drive Parking Spaces: | 12 |
| Park #1 | |
| Parking Type: | Front Yard |
| Park #2 | |
| Parking Type: | Front Yard |
| Park #3 | |
| Parking Type: | Private |
| Pool: | None |
| Approximatly Square Footage: | 5000 + |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL ONE REALTY INC. |
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| Book Showing | Email a Friend |
| Type: | Freehold - Multiplex |
| Area: | Parry Sound |
| Municipality: | Burk's Falls |
| Neighbourhood: | Burk's Falls |
| Style: | 2-Storey |
| Lot Size: | x 237.25(Feet) |
| Approximate Age: | |
| Tax: | $13,722 |
| Maintenance Fee: | $0 |
| Beds: | 11 |
| Baths: | 7 |
| Garage: | 0 |
| Fireplace: | N |
| Air Conditioning: | |
| Pool: | None |
Anne has 20+ years of Real Estate selling experience.
"It is always such a pleasure to find that special place with all the most desired features that makes everyone feel at home! Your home is one of your biggest investments that you will make in your lifetime. It is so important to find a home that not only exceeds all expectations but also increases your net worth. A sound investment makes sense and will build a secure financial future."
Let me help in all your Real Estate requirements! Whether buying or selling I can help in every step of the journey. I consider my clients part of my family and always recommend solutions that are in your best interest and according to your desired goals.
Call or email me and we can get started.
Dreams can come true. Let's dream together.........