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$398,888
Available - For Sale
Listing ID: X12401148
120 ONTARIO Street , Burk's Falls, P0A 1C0, Parry Sound


So many opportunities with this renovated century home located on the busy main artery into and out of town. This well maintained building, with it's beautiful architecture, was once a thriving restaurant with outdoor patio. Only one other sit down/take out dinner restaurant is in the village!! 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 of 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 apartments upstairs, the smaller one is vacant. What other possibilities could be within these walls? What about a fantastic, high traffic location for a collective of local artists or antique dealers on the main floor? Maybe convert the main floor into one or two living quarters to expand the rental income or live there yourself? A number of buildings 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 which could have so many uses depending on the new owner's vision. Maybe it's a communal patio/BBQ space for the building tenants or a community garden for the area? There's a welcoming entrance area off of 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 an up and coming community with revival projects in place and easy access to lake country as well as quick access to the highway for the commuter. Come and view this space it could be exactly what you need!
Price $398,888
Minimum Rental Term: 60
Taxes: $6139.72
Tax Type: Annual
Occupancy: Tenant
Address: 120 ONTARIO Street , Burk's Falls, P0A 1C0, Parry Sound
Postal Code: P0A 1C0
Province/State: Parry Sound
Directions/Cross Streets: Highway 11 to exit 257 then right to S.O.P.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Washroom Type 21 0
Washroom Type 22 0
Washroom Type 23 0
Washroom Type 24 0
Washroom Type 25 0
Washroom Type 26 0
Washroom Type 27 0
Washroom Type 28 0
Washroom Type 29 0
Washroom Type 30 0
Washroom Type 31 0
Washroom Type 32 0
Washroom Type 33 0
Washroom Type 34 0
Washroom Type 35 0
Washroom Type 36 0
Washroom Type 37 0
Washroom Type 38 0
Washroom Type 39 0
Washroom Type 40 0
Category: Multi-Use
Building Percentage: T
Total Area: 2000.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Approximatly Age: 51-99
Sprinklers: Part
Washrooms: 0
Outside Storage: F
Rail: N
Crane: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: No
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
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.
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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: x 131.81(Acres)
Approximate Age: 51-99
Tax: $6,139.72
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
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