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.
MLS# | T11929522 |
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Listing Type | For Sale |
Sub-Type | Resale |
Status | New |
Days On Site | 23 |
Listing Provided By | EXP REALTY | Not Provided |
SQ Feet | 4,791 |
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State | ON |
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County | Timiskaming |
City | Kirkland Lake |
Zip Code | P2N 1A6 |
Area | KL & Area |
Listing VS Median (in P2N 1A6) | |
Price: $1,100,000 low | high Med: $1,100,000 SqFt: 4,791 low | high Med: 4,791 $ / SqFt: $230 low | high Med: $230 On Site: 23 low | high Med: 23.000000 |