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79 Government RD E Kirkland Lake, ON P2N 1A6
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Key Details
Sold Price $1,100,000
Property Type Commercial
Sub Type Investment
Listing Status Sold
Purchase Type For Sale
Subdivision Kl & Area
MLS Listing ID T11929903
Sold Date 05/12/25
Annual Tax Amount $14,419
Tax Year 2024
Property Sub-Type Investment
Property Description
A rare, purpose-built 16-unit investment opportunity in Kirkland Lake, one of Northern Ontario's most prominent markets. This well-maintainedproperty boasts signifcant value-add potential, a diverse unit mix, and the unique advantage of being paired with an additional 23 units from thesame portfolio for an even greater investment opportunity! A diverse unit mix with1 studio unit, 3 one-bedroom units, 1 three-bedroom unit and11 two-bedroom units, all with common area access from the front or side. All units have their own hydro meter, with fourteen units currentlypaying 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.
Location
State ON
County Timiskaming
Community Kl & Area
Area Timiskaming
Zoning R2
Interior
Cooling Partial
Exterior
Parking Features Outside/Surface
Utilities Available Available
Building
Lot Description Lot
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