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Home ON Kirkland Lake
91 TAYLOR AVENUE
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91 TAYLOR AVENUE $309,999
$309,999
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91 TAYLOR AVENUE
Kirkland Lake (KL & Area), Ontario P2N2L5

MLS® Number: T11953633
5
Bedrooms
3
Bathrooms
-
Square Feet

Listing Description

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. (39825902)

Location Description

Taylor East Of Main

Property Summary

Property Type
Multi-family
Building Type
Triplex
Storeys
2
Community Name
KL & Area
Land Size
33.88 x 101 FT
Annual Property Taxes
$2,100
Total Parking Spaces
3
Time on REALTOR.ca
59 days

Building

Bedrooms
Above Grade
5
Bathrooms
Total
3
Interior Features
Appliances Included
All, Window Coverings
Basement Type
Partial
Building Features
Foundation Type
Concrete
Heating & Cooling
Cooling
Central air conditioning
Heating Type
Forced air (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Total Parking Spaces
3

Land

Lot Features
Frontage
33 ft ,10 in
Land Depth
101 ft
Other Property Information
Zoning Description
Residential
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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