$499,000
Burk's Falls
156 Ontario Street, Burk's Falls, Ontario, P0A1C0
This retail property in Burk's Falls is for sale. It has been on the market 22 days, fresher than the Burk's Falls average of 57 days.
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. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 22 days on market, against an average age of 57 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 retail in Burk's Falls has been listed for 22 days, which is 35 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 7.3× the local median household income of $68,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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