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$268,000
Kirkland Lake
30 Rowan Avenue, Kirkland Lake, Ontario, P2N2N8
This multi-family property in Kirkland Lake is for sale.
Presenting a turnkey investment in a quiet residential neighborhood. This well-maintained 2-storey triplex is fully tenanted and offers immediate rental income. The property features a spacious 3-bedroom unit on the main floor, along with a shared laundry area, while the upper level houses two separate 1-bedroom units. Located close to schools, parks, and all essential amenities.The full basement presents a possible opportunity for conversion into a fourth rental unit, significantly boosting your income potential. Additional highlights include a fully fenced yard for privacy and low-maintenance metal roofing for long-term durability. Unit 1-$1700/mo plus H/H, Unit 2 -$1050 all incl, Unit 3 -$1100 all incl. This triplex is a smart addition to any portfolio. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 110 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 3-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 $268,000, about 4.4× the local median household income of $60,800.
Carrying it typically needs a household income of about $52,350 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P2N)
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Loading rates, 30-yr amortization
Cash Needed to Close
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