11 Bedroom
7 Bathroom
5,000 - 100,000 sqft
Central Air Conditioning
Forced Air
$2,498,000
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.). (id:63476)
Property Details
|
MLS® Number |
X13629784 |
|
Property Type |
Multi-family |
|
Community Name |
Burk's Falls |
|
Parking Space Total |
12 |
|
View Type |
Direct Water View |
Building
|
Bathroom Total |
7 |
|
Bedrooms Above Ground |
11 |
|
Bedrooms Total |
11 |
|
Appliances |
Oven - Built-in, Water Meter |
|
Basement Development |
Other, See Remarks |
|
Basement Type |
N/a (other, See Remarks) |
|
Cooling Type |
Central Air Conditioning |
|
Exterior Finish |
Brick, Concrete |
|
Foundation Type |
Concrete |
|
Heating Fuel |
Natural Gas |
|
Heating Type |
Forced Air |
|
Stories Total |
2 |
|
Size Interior |
5,000 - 100,000 Sqft |
|
Type |
Other |
|
Utility Water |
Municipal Water |
Parking
Land
|
Acreage |
No |
|
Sewer |
Sanitary Sewer |
|
Size Depth |
237 Ft ,3 In |
|
Size Frontage |
197 Ft ,8 In |
|
Size Irregular |
197.7 X 237.3 Ft |
|
Size Total Text |
197.7 X 237.3 Ft |