A rare, purpose-built 16-unit investment opportunity in Kirkland Lake, one of Northern Ontario's most prominent markets. This well-maintained property boasts significant value-add potential, a diverse unit mix, and the unique advantage of being paired with an additional 23 units from the same portfolio for an even greater investment opportunity! A diverse unit mix with1 studio unit, 3 one-bedroom units, 1 three-bedroom unit and 11 two-bedroom units, all with common area access from the front or side. All units have their own hydro meter, with fourteen units currently paying their own hydro. Heat is gas based through a well maintained boiler and water is municipal. The property sits on a 4,962 sq. ft. lot with ample street parking. The property is located right off of the Trans- Canada Hwy and within walking distance to some of the main employers. (id:2493)
Data was last updated April 26, 2025 at 11:15 AM (UTC)
Area Statistics
Listings on market:
17
Avg list price:
$319,000
Min list price:
$164,000
Max list price:
$1,275,000
Avg days on market:
188
Min days on market:
3
Max days on market:
337
Avg price per sq.ft.:
$229.57
These statistics are generated based on the current listing's property type
and located in
KL & Area. Average values are
derived using median calculations.
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