7 Federal Street,Kirkland Lake, ON P2N1E4
Kirkland Lake, ON P2N1E4
Description
Located in the quiet and friendly Federal neighborhood, this triplex is ideal as an investment property or as a multi-generational family residence. Upstairs is a three-bedroom unit (one bedroom is presently used as a laundry room) while the main level has two self sufficient one-bedroom apartments. Two units are presently vacant. The third unit will be vacant as of Oct. 31, 2026...this will allow Buyer to choose tenants and to set the rents. The full unfinished basement has lots of space, a convenient workshop and a laundry area for main level tenants. Included are all appliances (three fridges, three stoves, two dishwashers, chest freezer and two sets of washers and dryers). There are four parking spaces with two located under the convenient carport. The rustic two bay outer building provides lots of extra storage space for your tools and toys. Many upgrades completed include: steel roof (2016), electrical upgrades, new steel support posts in the basement and a recently refinished entrance foyer. Conveniently located a short walk to Northern College and Kirkland Lake District Hospital. Live in one unit and have the other two units subsidize costs while your investment grows or add this triplex to your investment portfolio & rent out all three units. Now's the perfect time to invest as the region anticipates substantial growth in the very near future. (id:13843)
Details
| MLS # | T13557036 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 104 |
| Listing Provided By | SHERRY PANAGAPKA REAL ESTATE LTD. | Sherry Panagapka |
Features
| Bed(s) | 5 |
|---|---|
| Bath(s) | 3 Total |
| SQ Feet | 1,500 |
| Garage | 4 |
| Car Port | Yes |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R2 |
Interior
| Cooling | Window air conditioner |
|---|---|
| Heating | Forced air, Natural gas |
| Appliances | All, Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer |
| Fireplace Yes / No | No |
Exterior
| Foundation Details | Poured Concrete |
|---|
Parking
| Parking Features | Garage, Carport |
|---|---|
| Parking Total | 4 |
Utilities
| Utilities | Sewer, Electricity, Cable |
|---|---|
| Sewer | Sanitary sewer |
| Water Source | Municipal water |
Taxes
| Tax Annual Amount | 3128.52 |
|---|---|
| Tax Year | 2025 |
Area Information
| Province | ON |
|---|---|
| City | Kirkland Lake |
| Postal Code | P2N1E4 |
| Listing VS Median (in P2N1E4) | |
Price: $359,000 low | high Med: $359,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $239 low | high Med: $239 On site: 104 low | high Med: 104 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Kirkland Lake |
| Postal Code | P2N1E4 |
| Listing VS Median (in P2N1E4) | |
Price: $359,000 low | high Med: $359,000 sqft: 1,500 low | high Med: 1,500 $ / sqft: $239 low | high Med: $239 On site: 104 low | high Med: 104 | |