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! (id:13843)
| MLS # | X13626260 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Status | Active |
| Days On Site | 85 |
| Listing Provided By | REAL ONE REALTY INC. | ALBERT YU |
| SQ Feet | 3,800 |
|---|---|
| Zoning | C2-COMMERCIAL CORE |
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air, Natural gas |
| Fireplace Yes / No | No |
| Water Source | Municipal water |
|---|
| Tax Annual Amount | 5548.19 |
|---|
| Province | ON |
|---|---|
| City | Burk's Falls |
| Postal Code | P0A1C0 |
| Listing VS Median (in P0A1C0) | |
Price: $478,000 low | high Med: $539,900 sqft: 3,800 low | high Med: 1,100 $ / sqft: $126 low | high Med: $491 On site: 85 low | high Med: 57 | |
| Province | ON |
|---|---|
| City | Burk's Falls |
| Postal Code | P0A1C0 |
| Listing VS Median (in P0A1C0) | |
Price: $478,000 low | high Med: $539,900 sqft: 3,800 low | high Med: 1,100 $ / sqft: $126 low | high Med: $491 On site: 85 low | high Med: 57 | |