63 Government Road West, Kirkland Lake, Ontario, P2N2E6




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$449,000
Kirkland Lake
This multi-family property in Kirkland Lake is for sale offering roughly 7,440 sq ft of space. It has been on the market 71 days, fresher than the Kirkland Lake average of 100 days.
Centrally located, this property is a great investment with 4 residential units on the upper level and 2 commercial units fronting on Government Rd. Fully tenanted. Annual net income of $53,628.40 as per Seller. Selling "AS IS" (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 71 days on market, against an average age of 100 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 multi-family in Kirkland Lake has been listed for 71 days, which is 29 days fresher than the city average of 100. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $449,000, about 7.4× the local median household income of $60,800.
Carrying it typically needs a household income of about $87,705 (20% down, 25-yr amortization, stress-tested) — roughly 44% 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