11
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$478,000
Est. payment /mo
3,800 SqFt
Active
185 ONTARIO ST Burk's Falls, ON P0A 1C0
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Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Square Footage 3,800 sqft
Price per Sqft $125
Subdivision Burk'S Falls
MLS Listing ID X13626260
Annual Tax Amount $5,548
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
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!
Location
Province ON
County Parry Sound
Area Parry Sound
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 65.26
Lot Depth 162.39
Others
Security Features No
ParcelsYN No
Listed by REAL ONE REALTY INC.
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