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$349,000
Kirkland Lake
115 Pollock Street, Kirkland Lake, Ontario, P2N1Z1
This multi-family property in Kirkland Lake is for sale.
Fantastic investment opportunity with immediate income potential! This unique property features a spacious 4-bedroom, 1.5-bathroom detached home and a duplex, all situated on one lot with ample parking.The duplex offers two well-maintained 2-bedroom units, and all three units are currently occupied by tenants, providing steady rental income from day one. Whether you're looking to expand your investment portfolio or live in the main home while generating rental income from the duplex, this property offers exceptional flexibility and value.Conveniently located close to schools, including the local high school, shopping, restaurants, parks, and other everyday amenities, this property combines strong income potential with a desirable location.Don't miss your chance to own this versatile multi-unit property with excellent cash flow and long-term investment potential! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 152 days on market, against an average age of 101 days across the listings currently for sale in this city
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.
This 8-bed multi-family in Kirkland Lake is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $349,000, about 5.7× the local median household income of $60,800.
Carrying it typically needs a household income of about $68,172 (20% down, 25-yr amortization, stress-tested) — roughly 12% above the area median.
Source: Statistics Canada, 2021 Census (FSA P2N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice