185 ONTARIO Street
Burk's Falls / Burk's Falls, ON P0A 1C0
About This Property
Prime Mixed-Use Investment with VTB Financing in the Heart of Burk's Falls!Unlock exceptional value with this high-visibility commercial and residential building, perfectly positioned in the rapidly growing village of Burk's Falls. This turn-key property is a cash-flow generator featuring two spacious 2-bedroom apartments on the upper level and three high-traffic street-level commercial units.Immediate Rental Income: Fully occupied by reliable, long-term tenants eager to stay, ensuring day-one stability.Value-Add Potential: One vacant commercial space is ready for immediate leasing-ideal for a boutique, professional office, or gift shop serving the bustling year-round local and cottage tourism traffic.Premium Logistics: Ample street parking supplemented by a massive, free municipal parking lot just steps away, plus a massive basement dedicated to commercial or owner storage.Flexible Financing Available: Vendor Take-Back (VTB) Mortgage available under flexible, agreed terms-giving you unparalleled leverage and a smoother path to closing.Rarely do properties with this blend of stability, growth potential, and seller financing hit the market. Schedule your private tour today and secure a cornerstone asset in a booming community!
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13626260
Listed by REAL ONE REALTY INC.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$2,334
/month · $382,400 mortgage
Amortization
Total Interest
$317,841
Total Cost
$700,241
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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REAL ONE REALTY INC.