120 ONTARIO Street, Burk's Falls, ON P0A 1C0
So many opportunities with this renovated century home located on the busy main artery into and out of town. This well maintained building, with it's beautiful architecture, was once a thriving restaurant with outdoor patio. Two long term tenants apartment upstairs, the smaller, studio is vacant. What other possibilities could be within these walls? With ample parking space the main floor could be repurposed as a professional space for a doctor, dentist or other local business. What about a fantastic, high traffic location for a collective of local artists or antique dealers? Maybe convert the main floor into living quarters to expand the rental income or live there yourself? A number of buildings on this main street have done just that. Government subsidies may be available to convert the main floor area of this historic residence. This beautiful building has so many possibilities just waiting for someone to explore them. Huge outdoor patio which could have so many uses depending on the new owner's vision. Maybe it's a communal patio/BBQ space/lunch space for the building tenants or a community garden for the area? There's a welcoming entrance area off of the main street and lots of storage in the basement if needed. A large pylon sign for the building is located on the street and has great visibility. Whatever your plans are, this building can be the start. Burk's Falls is an up and coming community with revival projects in place and easy access to lake country as well as quick access to the highway for the commuter and to service patrons in the area. Come and view this space. It could be exactly what you need!
- MLS number
- X12994510
- Type
- Commercial Retail
- Status
- Active
- Bedrooms
- —
- Bathrooms
- 2
- Postal code
- P0A 1C0
- Photos
- 20
- Property tax
- $6,140 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Commercial Retail
- Class
- Commercial
- Age
- 51-99
- Community
- Burk's Falls
- Municipality
- Burk's Falls
- Cross street
- 520/Huston St
- Zoning
- C1
Inside
- Bathrooms
- 2
- Washrooms
- 2
- Kitchens
- 0
Land
- Lot
- 149.33 × 131.81 acres
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Cooling
- No
- Water
- Municipal
- Sewer
- Sanitary
Listing
- MLS number
- X12994510
- Status
- New
- Previous status
- Draft
- Listed on
- 2026-04-14
- Expires
- 2026-10-14
- Taxes
- $6,140 (2025)
- Board
- One Point Association of REALTORS
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Land of Lakes Elementary School Near North DSB | Elementary | 72 m | / 10 60% met the standard |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 542 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35490172 — the few blocks around this address, home to 542 people. It describes the area, not this property.
Percentages are of the 315 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.