$169,000
Burk's Falls
318 Ontario Street, Burk's Falls, Ontario, P0A1C0
This retail property in Burk's Falls is for sale offering roughly 900 sq ft of space.
Prime commercial opportunity on the Main Street strip of Burk's Falls! This recently renovated, well-located unit in a high-traffic strip plaza offers maximum visibility and great parking. Featuring a freshly updated interior and a convenient one-bathroom setup, the space serves as the ultimate blank canvas-ready for you to design and customize to your business needs. Stand out from the crowd by being waterfront on the Magnetawan River, right at your back door, blending commercial utility with Northern Ontario charm. Perfect for retail, professional offices, or your creative vision. Bring your vision to life here! Also up for lease see listing X13776590 - Showings by appointment only. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 55 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 55 days, which is 2 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 $169,000, about 2.5× the local median household income of $68,000.
Carrying it typically needs a household income of about $33,012 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P0A)
Pick a time that suits you. A verified local agent confirms within 24h.
Commercial lenders price on income, tenancy, and zoning rather than posted rates. Our partner mortgage brokers at iShopRates structure the file and shop lenders for you.
Inquire about financing →