$309,999
Available - For Sale
Listing ID: T11953633
91 Taylor Aven , Kirkland Lake, P2N 2L5, Timiskaming
| 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. |
| Price | $309,999 |
| Taxes: | $2100.00 |
| Occupancy: | Tenant |
| Address: | 91 Taylor Aven , Kirkland Lake, P2N 2L5, Timiskaming |
| Directions/Cross Streets: | Taylor East Of Main |
| Rooms: | 11 |
| Bedrooms: | 5 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Partial Base |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 3 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Total Area: | 0.00 |
| Property Type: | Triplex |
| Style: | 2-Storey |
| Exterior: | Vinyl Siding |
| Garage Type: | None |
| (Parking/)Drive: | Private |
| Drive Parking Spaces: | 3 |
| Park #1 | |
| Parking Type: | Private |
| Park #2 | |
| Parking Type: | Private |
| Pool: | None |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Forced Air |
| Central Air Conditioning: | Central Air |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Sewers: | Sewer |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RE/MAX PREMIER INC. |
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|
Zannatal Ferdoush
Sales Representative
Dir:
647-528-1201
Bus:
647-528-1201
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At a Glance:
| Type: | Freehold - Triplex |
| Area: | Timiskaming |
| Municipality: | Kirkland Lake |
| Neighbourhood: | KL & Area |
| Style: | 2-Storey |
| Tax: | $2,100 |
| Beds: | 5 |
| Baths: | 3 |
| Fireplace: | N |
| Pool: | None |
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