$499,900
Burk's Falls
143 Ryerson Crescent, Burk's Falls, Ontario, P0A1C0
This 3-bedroom, 2-bathroom home in Burk's Falls is for sale offering roughly 900 sq ft of space. Its $499,900 asking price sits right in line with the $499,900 median in Burk's Falls.
ATTENTION Investors .. Welcome to 143 Ryerson Crescent, offering great River Views, In-Town Living & Income Potential being a Legal Duplex !! Enjoy the best of small-town living in this charming Bungalow-style home, set on a beautiful .89 acre sized in-town lot, directly across from the Magnetawan River. The river is ideal for swimming, boating and fishing from the town docks, making recreational living a part of your everyday lifestyle. The main upper level offers 2 bedrooms, a bright living room with fireplace and a great river view. Walk-out access to a large deck from both the living room and primary bedroom - perfect for relaxing or entertaining. The finished walk-out basement adds incredible versatility with 1 bedroom, an office, large living room and kitchen. Ideal for extended family, guests, an in-law suite or potential rental income. The basement entrance is separate from the upper main floor for great Duplex opportunities. Walk to everything you need, including restaurants, bank, post office, convenience store and the hardware store. A rare opportunity to enjoy riverfront views, a spacious property, in-town convenience and excellent income potential, all in one package! Ideally located for quick access to Highway 11, making daily commutes to Huntsville, North Bay, etc very convenient. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 55 days on market, against an average age of 55 days across the listings currently for sale in this city
Homes here sell slower than most markets
Sold homes in this market spent an average of 74 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.3 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 3-bed single family in Burk's Falls has been listed for 55 days, right at the city average. A solid opportunity worth looking into.
Approximate location — exact address confirmed upon showing
This home lists at $499,900, about 7.4× the local median household income of $68,000.
Carrying it typically needs a household income of about $97,648 (20% down, 25-yr amortization, stress-tested) — roughly 44% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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