156 Ontario Street, Burk's Falls

$499,000
156 Ontario Street

$499,000

New
8d
Detached1 1/2 Storey

156 Ontario Street, Burk's Falls

Total Monthly Obligation $2,644

Beds
1
Baths
2
Park
4
Sqft
1500-2000
DOM
8d
Yield
4.8%
Cash on Cash
-3.9%
Cap Rate
3.7%
5Y IRR
12.5%
10Y IRR
12.2%
Property Type-Detached
MLS® Number-X14081782
Beds-1
Bathrooms-2
Size-1500-2000 sqft
Lot Size-65.9 × 132.14 ft
Listed on site-Oct 15, 2026
Style-1 1/2 Storey
Building Type-Detached
Taxes-$3,079 (2025)
Parking-4 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-RE/MAX Parry Sound Muskoka Realty Ltd
Cooling-Central Air
Laundry-No
Fireplace-Yes
Pool-None
Facing-East
Exterior-Wood
Roof-Metal
Foundation-Concrete Block, Stone
Sewer-Sewer
Possession-Flexible
Neighbourhood-Burk's Falls
Title-Residential Freehold

No agent assigned

A great opportunity in the heart of Burks Falls. Located directly on the main street, this inviting store with living quarters above offers high visibility welcoming both foot and vehicle traffic with ample parking. The 800 sq.ft., one bedroom apartment above the store offers a private living space complete with a beautiful stone fire place, an office, a 3pc bathroom as well as a bright, open kitchen with a walk out to a deck overlooking the gardens. Explore this enchanting outdoor space at ground level or admire it from the raised deck or elevated walkway on your way to the spacious studio, located on the upper level of the barn. The ground level of the barn features a workshop and storage area. Just a over a 20 minute drive from the town of Huntsville, this property also features natural gas heat, central air conditioning and generator backup.

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Closing Costs

Mortgage Amount
$399,200
Land Transfer Taxes$6,455
Legal Fees (Est.)
$
Total cash required for closing$107,755

Total Monthly Obligation

$2,644/mo
Mortgage $2,013
Monthly Loss $2,115
Principal$530
Interest$1,483
Property Tax$257
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 156 Ontario Street

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