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List Price: $309,999

91 Taylor Avenue, Kirkland Lake, P2N 2L5

- By RE/MAX PREMIER INC.
Triplex|MLS - #T11953633|New
5 Bed
3 Bath
None Garage

Price comparison with similar homes in Kirkland Lake

Compared to 1 similar home
24.0% Higher
Market Avg. of (1 similar homes)
$250,000

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licences real estate agent for accurate comparison

Client Remarks

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.
Property Description

91 Taylor Avenue, Kirkland Lake, P2N 2L5

Property type

Triplex

Lot size

N/A acres

Style

2-Storey

Approx. Area

N/A Sqft

Home Overview

Last check for updates

Virtual tour

N/A

Basement information

Partial Basement

Building size

N/A

Status

In-Active

Property sub type

Maintenance fee

$N/A

Year built

--

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91 Taylor Avenue, Kirkland Lake, P2N 2L5
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Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

Mortgage Information

Estimated Payment

$0 Principal and Interest

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