Personal Pic

Ali Aliasgari

Broker
IPRO REALTY LTD., Brokerage Independently owned and operated. 30 Eglinton Ave West #c12, Toronto, Ontario M4R 1A1 Cell: 416-904-9571Office: 905-507-4776Fax: 905-507-4779

$449,000
Available - For Sale
Listing ID: X12010374
120 ONTARIO St , Burk's Falls, P0A 1C0, Ontario


So many opportunities with this renovated century home located on the busy main artery into and out of town. This century building, with it's beautiful architecture, was once a thriving restaurant and could continue as a restaurant or local pub. In the past it has served many hungry patrons from the area as well as others visiting the area on vacation or visiting their cottages. All the equipment and tableware needed are here for you to take over the location and begin your dream of owning your own restaurant. Two long term tenants upstairs are willing to stay and help pay the mortgage. But what other possibilities are within these walls? What about a fantastic, high traffic location for a collective of local artists or antique dealers or maybe convert the main floor into one or two living quarters to expand the rental income or live there yourself. A number of building on this main street have done just that. Government subsidies may be available to convert the main floor area of this historic residence. This beautiful building, with it's abundant parking area, has so many possibilities just waiting for someone to explore them. Huge outdoor patio area which could have so many uses depending on the new owner's vision. Maybe it's a communal patio for the building tenants or a community garden for the area? There's a welcoming entrance area off the main street and lots of storage in the basement if needed. A large pylon sign with great visibility for the building is located on the street. Whatever your plans are, this building can be the start. Burk's Falls is a up and coming community with easy access to lake county and easy access to the highway for the commuter. Come and view this space it could be exactly what you need.
Price $449,000
Minimum Rental Term: 60
Taxes: $6139.72
Tax Type: Annual
Occupancy by: Tenant
Address: 120 ONTARIO St , Burk's Falls, P0A 1C0, Ontario
Postal Code: P0A 1C0
Province/State: Ontario
Lot Size: 149.33 x 131.81 (Acres)
Directions/Cross Streets: Highway 11 to exit 257 then right to S.O.P.
Category: Multi-Use
Building Percentage: Y
Total Area: 2000.00
Total Area Code:  Sq Ft
Retail Area: 2000
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: Part
Outside Storage: N
Rail: N
Crane: N
Heat Type: Gas Forced Air Closd
Central Air Conditioning: N
Water: Municipal
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Total Financing $ $ $ $
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Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
Royal LePage Lakes Of Muskoka Realty
Personal Picture
Ali Aliasgari
Broker
Dir:
416-904-9571
Bus:
905-507-4776
Fax:
905-507-4779
 
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At a Glance:
Type: Com - Commercial/Retail
Area: Parry Sound
Municipality: Burk's Falls
Neighbourhood: Burk's Falls
Style:
Lot Size: 149.33 x 131.81(Acres)
Approximate Age: 51-99
Tax: $6,139.72
Maintenance Fee: $0
Beds:
Baths:
Garage: 0
Fireplace:
Air Conditioning:
Pool:
Locatin Map:
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