2442 520 Highway, Burk's Falls, Ontario, P0A1C0
This lot in Burk's Falls is for sale. It has been on the market 44 days, fresher than the Burk's Falls average of 55 days.
Get your creative juices flowing here at this one of a kind, Commercial Tourism zoned 1.5 acres, with 40 ft of waterfront on Lake Cecebe! Western exposure and breathtaking views of Lake Cecebe sunshine sparkling on the water. Start your own vintage trailer park with 12 trailer hook ups already installed! Other potential uses for CT zoning include; hotels, motels, inns, resorts, hostels, golf courses, driving ranges, mini golf, fitness, spas, summer camps, commercial outpost camps, restaurants, cafes, convenience stores, gift shops, business offices, staff housing, laundromats, private parking lot, fuel pumps or propane tank exchange. Potential for dock slip rentals*. Buyer to do due diligence with the township. Rare opportunity here that doesn't come up for sale very often! Come visualize your investment opportunity! Vintage trailer home will be removed Nov 1st. White house on property requires renovation or tear down. Potentially transformed into an office building. Plenty of ways to make money here, right on HWY 520 with lake access. (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 44 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 vacant land in Burk's Falls has been listed for 44 days, which is 11 days fresher than the city average of 55. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $649,999, about 9.6× the local median household income of $68,000.
Carrying it typically needs a household income of about $126,968 (20% down, 25-yr amortization, stress-tested) — roughly 87% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
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