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. |
Price | $1,100,000 |
Taxes: | $14419.26 |
Tax Type: | Annual |
Occupancy: | Tenant |
Address: | 79 Government Rd East , Kirkland Lake, P2N 1A6, Ontario |
Postal Code: | P2N 1A6 |
Province/State: | Ontario |
Lot Size: | 49.83 x 99.65 (Feet) |
Directions/Cross Streets: | Government Rd E / Allen Ave |
Category: | Apartment |
Use: | Apts-13 To 20 Units |
Building Percentage: | Y |
Total Area: | 0.11 |
Total Area Code: | Acres |
Heat Type: | Gas Forced Air Closd |
Central Air Conditioning: | Part |
Water: | Municipal |
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
EXP REALTY |
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Book Showing | Email a Friend |
Type: | Com - Investment |
Area: | Timiskaming |
Municipality: | Kirkland Lake |
Neighbourhood: | KL & Area |
Style: | |
Lot Size: | 49.83 x 99.65(Feet) |
Approximate Age: | |
Tax: | $14,419.26 |
Maintenance Fee: | $0 |
Beds: | |
Baths: | |
Garage: | 0 |
Fireplace: | |
Air Conditioning: | |
Pool: |