Kirkland Lake, KL & Area, P2N 2L8
$239,900
Listed by EXP REALTY.
Investor-ready triplex in the heart of Kirkland Lake, fully tenanted with strong rental income and long-term potential. This property features three separate 2-bedroom, 1-bathroom units, each with a kitchen-living room combo. Unit 1 (main) rents for $750/month all inclusive, Unit 2 (upper) for $850/month all inclusive, and Unit 3 (rear) for $500/month with the tenant covering their own utilities. The main unit is heated with a forced-air gas furnace, while the upper and rear units use gas wall heaters. Two hot water tanks are rented and included in the front units, while the tenant in the rear unit pays for their own rental HWT. This is not a showpieceits a functional, cash-flowing property in a working-class rental zone where demand remains steady. Located near schools, parks, medical services, and Northern College, this is a solid opportunity to secure a no-nonsense income property in an affordable Northern Ontario market. photos virtually staged
Fridge and stove in upper unit, Stove front main floor unit
Kitchen
Living
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2nd Br
Kitchen
Living
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2nd Br
Kitchen
Living
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2nd Br
The graph below compares the average list price and average sale price of homes in this neighborhood by month for the last 24 months. When average sale price is greater than average list price, this may suggest a buyer's market. When average sale price is lower than the average list price this may suggest a seller's market.
The graph below illustrates the average days on market for homes in this neighborhood. The yellow area may indicate a buyer's market, the green area may indicate a balanced market and the red area may indicate a seller's market.