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140 Simpson Street, Burk's Falls, ON P0A 1C0

3+2 beds · 2 baths · 1 kitchen · 10+6 rooms · 5 parking spaces · 1100-1500 sq ft · Detached
$549,900
Property tax
$4,020 / year

There's something special about the house on the hill. Perched atop a spacious, elevated lot overlooking the village of Burk's Falls, this lovingly maintained bungalow offers a wonderful sense of space and setting, along with the ease of in-town living. With lovely views and plenty of room to enjoy the outdoors, it feels pleasantly private while remaining close to the amenities of town. The 1,473 sq. ft. main level is warm, bright and welcoming, with beautiful hardwood flooring throughout the principal living spaces and heated tile floors in the foyer, kitchen and bathroom. A bright and cheery kitchen sits at the heart of the home; a tranquil retreat for your morning coffee, holiday meals and quality family time. Three bedrooms and a 4-piece bathroom complete the main level, along with the convenience of an attached 18' x 17' garage. The fully finished lower level adds an impressive 1,442 sq. ft. of additional living space, complete with a second 4-piece bathroom and plenty of flexibility for guest accommodations, a home office, gym, recreation room or dedicated hobby space. Municipal services add the convenience of town living, while a backup generator provides added peace of mind. Thoughtfully cared for, remarkably spacious and set high above the village, this home offers the best of both worlds: connected to the community with a setting that feels distinctly its own. The house on the hill - ready to welcome its next chapter.

MLS number
X13723804
Type
Detached
Status
Active
Bedrooms
5
Bathrooms
2
Postal code
P0A 1C0
Photos
35
Laundry
Not in the unit
15days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

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.

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.

SchoolLevelDistanceRating
Land of Lakes Elementary School
Near North DSB
Elementary780 m6.0 / 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

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

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 415 people.

$57,200Median household income
68.3%Own their home
69%Detached houses
50.4Median age
6.2%Born outside Canada
8.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35490171 — the few blocks around this address, home to 415 people. It describes the area, not this property.

415Population
47.5Average age
2Household size
$68,500Average household income
$57,200Median household income
68%Own their home
32%Rent
0%Condominiums
6%Born outside Canada
8%University degree
$355,000Average home value
22%Low income
80%Not in the labour force
20%Never married
$10,000 to $14,9996%
$15,000 to $19,9992%
$20,000 to $24,99910%
$25,000 to $29,9996%
$30,000 to $34,9992%
$35,000 to $39,9996%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9996%
$60,000 to $69,9998%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over16%
$100,000 to $124,9996%
$125,000 to $149,9996%
$150,000 to $199,9996%

Percentages are of the 255 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.

$109,980 · minimum here is $29,990
$2,434.84per month
Borrowed before insurance$439,920
Total borrowed$439,920
Interest over 25 years at 4.5%$290,531

If you rented it out

-$2,769.84per month out of pocket
Rent$0.00
Everything it costs to hold$2,769.84
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.

Listed by Royal LePage Lakes Of Muskoka Realty. Listing data provided by the Toronto Regional Real Estate Board.