120 ONTARIO STREET
OnePoint · P0A1C0
$398,888
About this residence
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. Only one other sit down/take out dinner restaurant is in the village!! In the past it has served many hungry patrons from the area as well as others visiting the area on vacation or visiting their cottages. All of the equipment and tableware needed are here for you to take over the location and begin your dream of owning your own restaurant. Two long term tenants apartments upstairs, the smaller one is vacant. What other possibilities could be within these walls? What about a fantastic, high traffic location for a collective of local artists or antique dealers on the main floor? Maybe convert the main floor into one or two 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, with it's abundant parking area, 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 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 with great visibility for the building is located on the street. 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. Come and view this space it could be exactly what you need! (id:61366)
Property details
- Property type
- Retail
- Living area
- 2,000 sq ft
- Lot size
- 149.33
- Annual tax
- $6,140
- MLS®
- X12401148
- Board
- OnePoint
- Status
- Inactive
- Listed
- Sep 12, 2025
- Updated
- Dec 1, 2025
Features & finishes
Appliances
- All
Heating
- Forced air
- Natural gas
Financing
Estimated monthly payment
$1,865/mo
Loan amount
$319,110
Down payment
$79,778
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
OnePoint
Nearby
About the area
Census · P0A- 17,822
- Population
- 57
- Median age
- $68,000
- Median income
- $400,000
- Median home value
- 87%
- Home ownership
- 29 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 120 ONTARIO STREET?
120 ONTARIO STREET is listed for $398,888, in OnePoint.
What type of home is 120 ONTARIO STREET?
120 ONTARIO STREET is a Retail.
How large is 120 ONTARIO STREET?
The home offers approximately 2,000 sq ft of living space on a lot measuring 149.33.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $1,865. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $6,140 per year.
What is the OnePoint area like?
OnePoint has a population of about 17,822, a median age of 57, a 87% home-ownership rate, with an average commute of about 29 minutes.
What is the average home value in OnePoint?
The median dwelling value in this area is approximately $400,000, based on census data via Neighbourly.
What is the median household income in OnePoint?
The median household income in this area is approximately $68,000.
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