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5 Beds 3 Bath

91 Taylor Ave

Kirkland Lake P2N 2L5 Ontario

MLS: T11953633

$309,999

Added 20 days ago | For Sale

Listed by: RE/MAX PREMIER INC.

About Property

This income-generating triplex offers a fantastic opportunity for investors looking for strong cash flow and minimal management responsibilities. Fully tenanted and professionally managed, this property features two spacious 2-bedroom units and one well-maintained 1-bedroom unit, making it an excellent addition to any real estate portfolio. With an impressive annual rental income of $35,000+ and low operating expenses, this property delivers exceptional returns and a high cap rate, making it a rare find in todays market. Located in the heart of Kirkland Lake, this property benefits from the towns growing demand for quality rental housing. The area is experiencing a population boom, fueled by gold mining operations, government offices, a regional hospital, and Northern College, all of which drive a steady demand for housing. With low vacancy rates and a strong rental market, investors can feel confident in the long-term sustainability of this asset. Kirkland Lake is a thriving regional hub along the Trans-Canada Highway, offering a mix of small-town charm and modern amenities typically found in much larger cities. Residents enjoy easy access to shopping, dining, schools, healthcare facilities, and recreational activities, enhancing the overall desirability of rental properties in the area. This is a turnkey, hands-off investment that requires minimal oversight while delivering strong, consistent returns. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart choice for long-term wealth building.

Features

  • House Style:Triplex
  • Bathrooms:3
  • Land Size:
  • Water:Municipal
  • Garage Spaces:0 /None
  • Driveway:Private
  • Heating Fuel:Gas
  • Cross Street:Taylor East Of Main
  • Basement:Part Bsmt ,
  • Possession Date:Immediate/Tbd
  • Annual Property taxes: $2100
  • Bedrooms:5
  • Total Parking Spaces:3
  • Parking Places:3
  • Heating Type:Forced Air
  • Pool Type:None
  • Exterior:Vinyl Siding
  • Fronting On:S
  • Front Footage:33.88
  • Listing ID:T11953633

Rooms Dimensions Description

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Average Sale Prices per Month in Kirkland Lake
This graph illustrates the average sale prices per month in Kirkland Lake, providing an in-depth analysis of the real estate market trends and fluctuations
5 Bedrooms Triplex House Kirkland Lake
Monthly Sales Trends in Kirkland Lake
This graph showcases the monthly sales trends in Kirkland Lake, offering valuable insights for both buyers and sellers in the real estate market.
5 Bedrooms Triplex House Kirkland Lake
Avg Price for 5 Bedroom Triplex house in Kirkland Lake
Discover the last 3 months average sold price city of Kirkland Lake neighbourhoods.
Community Average Price Difference Avg Days On Market
Nearby Schools
Explore a list of nearby schools in Kirkland Lake
School Name Distance
St. Jerome School 0.46km
École secondaire catholique l’Envolée du Nord 0.76km
École catholique l’Envolée du Nord 0.76km
Sacred Heart Catholic School 0.78km
École catholique Assomption (Kirkland Lake) 0.91km
Central School 1.05km
Kirkland Lake District Composite Elementary School 1.41km
Federal Public School 1.87km
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