$188,000

$198,000For salePrice drop↓ $10,000 (5%)

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103 Carter Avenue, Kirkland Lake - Multi-family for Sale

103 Carter Avenue, Kirkland Lake, Ontario, P2N1Z6

6 beds4 baths parking

58 Second Street East, Kirkland Lake, Ontario, P2N1R5

3 bd2 ba2 pk1,750 ft²Lot size 50 × 98 ft (4,875 sq ft)

Listed by eXp Realty Ltd. - Branch

63 Government Road West, Kirkland Lake, Ontario, P2N2E6

For sale

71 days ago

$449K

63 Government Road West, Kirkland Lake, Ontario, P2N2E6

7,440 ft²Lot size 33 × 99 ft (3,297 sq ft)

Listed by CENTURY 21 SKYLARK REAL ESTATE LTD.

43 Duncan Avenue South, Kirkland Lake, Ontario, P2N1X8

For sale

72 days ago

$419K

43 Duncan Avenue South, Kirkland Lake, Ontario, P2N1X8

12 bd6 ba2 pk3,250 ft²Lot size 40 × 94 ft (3,760 sq ft)

Listed by CENTURY 21 SKYLARK REAL ESTATE LTD.

30 Rowan Avenue, Kirkland Lake, Ontario, P2N2N8

For sale

110 days ago

$268K

30 Rowan Avenue, Kirkland Lake, Ontario, P2N2N8

3 bd3 ba3 pkLot size 36 × 100 ft (3,550 sq ft)

Listed by eXp Realty Ltd. - Branch

Investment analysis

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$188,000

Kirkland Lake

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Description

CALLING ALL INVESTORS: This Triplex is located a short walk to many of our Kirkland Lake schools. Presently two of the units are rented. The upper level unit is vacant. There is parking for 2 vehicles. The main level tenant parks on the front lawn during the winter and on the street during the summer. Add this triplex to your portfolio of rental investments. Roof Section 2022. Roof Shingles approx. 10 years of age. 3 owned hot water tanks (2015, 2014, 2016) Back Deck 2019. Storage Shed (16.5 ft x 10.5 ft) 2014.(2026 MUN. TAXES: $1805.89. H20 & SEWER TAXES: April 2026 - June 2026 $265.85) (id:66096)

Property Details

MLS®: T13695778
Property Type: Multi-family
Zoning: R2
Bedrooms: 6
Beds (above / below): 6 above · 0 below
Bathrooms: 4
Half Baths: 1
Parking: 2
Interior Size: 2,250 ft²
Lot Size: 39 × 100 ft (3,900 sq ft)
Frontage: 39 ft
Storeys: 2
Basement: Unfinished, Partial, Crawl space, Other, See Remarks, N/A, N/A
Heating: Baseboard heaters, Forced air, Electric, Natural gas
Cooling: None
Garage: No Garage
Property Tax: $1,805.89/yr
Listed: 76 days ago

Rooms

Main level

Other: 3.91 x 1.47 meters
Kitchen: 2.9 x 2.44 meters
Bedroom 4: 3.35 x 2.52 meters
Bathroom: 1.63 x 1.52 meters
Living room: 5.39 x 2.9 meters
Kitchen: 2.59 x 2.59 meters
Eating area: 3.81 x 2.74 meters
Bathroom: 3.2 x 2.44 meters
Living room: 6.25 x 3.05 meters

Second level

Kitchen: 3.05 x 2.44 meters
Living room: 5.03 x 3.2 meters
Bedroom 5: 3.51 x 2.59 meters
Bedroom: 3.51 x 2.74 meters
Bathroom: 1.52 x 1.52 meters
Bedroom: 3.96 x 3.05 meters
Bedroom 2: 3.05 x 2.13 meters
Bedroom 3: 3.81 x 2.13 meters
Bathroom: 2.08 x 1.37 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Market Timing

Days on market

76d

Kirkland Lake listings, avg age

100d

Price / ft²

$84

List price

$188K

Homes here sell below asking price

Homes in this market sold for an average of 91.2 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P2N)

This home lists at $188,000, about 3.1× the local median household income of $60,800.

Carrying it typically needs a household income of about $36,723 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $60,800
Population: 6,944
Median age: 45.2
Owner / renter: 61% / 39%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA P2N)

$188,000· $84/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,400

Min 5%50%

Mortgage payment$990/mo

↳ CMHC premium ($7,144 capitalized)

Property tax (est.)$150/mo

Total monthly$1,141

Cash Needed to Close

Down payment (5%)$9,400

Land transfer tax$1,605

Est. closing costs$3,064

Total cash needed$14,069

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103 Carter Avenue, Kirkland Lake - Multi-family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P2N)

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Full Cost Breakdown