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$1,100,000
Available - For Sale
Listing ID: T11929522
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: $14,419.26
Tax Type: Annual
Occupancy by: 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
Zoning: R2
Category: Apartment
Use: Apts-13 To 20 Units
Building Percentage: Y
Total Area: .11
Total Area Code:  Acres
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Part
Water: Municipal
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EXP REALTY

79 Government Rd East , Kirkland Lake, P2N 1A6, Ontario


 
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At a Glance:
Type: Com - Investment
Area: Timiskaming
Municipality: Kirkland Lake
Neighbourhood: KL & Area
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Lot Size: 49.83 x 99.65(Feet)
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Tax: $14,419.26
Maintenance Fee: $0
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