Property Client Full 198 Ontario Street, Burk's Falls, Ontario P0A 1C0 Listing
198 Ontario St Burk's Falls
MLS®#: X7374264
Sold / Commercial / Investment
List Price: $749,000 /For Sale Sold Price: $720,000 /For Sale
Parry Sound/Burk's Falls/Burk's Falls Sold Date: 08/02/2024 Tax Amt/Yr:
$10,000.00/2023/Annual Transaction:
Sale 214
No
SPIS:
DOM
Legal Desc: Lt 5 W/S Copeland *(Remarks For Broker
Legal Desc:
Accommodation
Hotel/Motel/Inn
Category:
Use:
30
Link:
Holdover Franchise: Possession:
Freestanding: Yes
Partial
Occupant:
Zoning: Commercial Dir/Cross St: Hwy 11 To Ontario St
492200000303100
Contact After Exp: No
PIN #:
ARN #:
Possession Date: 2024-01-31
Possession:
22,000 Square Feet 5,400 Square Feet
Survey: No Lot/Bldg/Unit/Dim: Lot 128.5 x 237.29Feet Water: Municipal Garage Type: None Green PIS: No
Yes
Total Area: Retail Area: Apx Age:
Basement: Area Infl:
Major Highway, Public Transit
100+
Gas Forced Air Open
Heat:
Sprinklers
Sprinklers:
Available
Utilities:
Commercial Doors
# Of Type
Height
Width Bay Length
1 Truck Level
Commercial/Financial Information Remarks/Directions
Great Investment Property In Downtown Burk's Falls. 45 Mins N Of Gravenhurst Or S Of Northbay. About 22,000 Sft Of Commercial Mixed-Use Property. Operate Huge Pub W/Patio & Outdoor Space For Events, From W/O Bsmt. Gr Flr Retail Space Could Be Renovated Or Turn It Around Into **13 Hotel Suites. The 2nd & 3rd Flr Awaits Finishing **10 Appartment Units (**conceptual drawings available). Basement Pub Is Currently Leased. Build The Hotel & Apartments The Town Needs W/O Basement Restaurant/Pub With Existing Lease. Existing Furnace Etc. Huge Potential To Develop into hotel and renovate the main floor into multiple retail units to rent. Existing Conceptual Drawings Can Be Provided.
Client Rmks:
Extras:
Listing Contracted With: BEST ADVICE REALTY INC. 705-955-8326 Prepared By: KAYLEY SPALDING, REALTOR Salesperson
Date Prepared: 01/24/2026
Photos
MLS®#: X7374264
198 Ontario Street, Burk's Falls, Ontario P0A 1C0
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