79 Government Rd E - Apartments FOR SALE


Kirkland Lake, ON P2N 1A6
$1,100,000 CAD
866-530-7737

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$1,100,000 CAD
Apartments - FOR SALE
null | Request Cap Rate

79 Government Rd E
Kirkland Lake, ON P2N 1A6


HIGHLIGHTS

  • 16 unit property
  • Corner Building
  • Prime Location

OVERVIEW

A rare, purpose-built 16-unit investment opportunity in Kirkland Lake, one of Northern Ontario's most prominent markets. This well-maintained property boasts significant value-add potential, a diverse unit mix, and the unique advantage of being paired with an additional 23 units from the same portfolio for an even greater investment opportunity! A diverse unit mix with1 studio unit, 3 one-bedroom units, 1 three-bedroom unit and11 two-bedroom units, all with common area access from the front or side. All units have their own hydro meter, with fourteen units currently paying their own hydro. Heat is gas based through a well maintained boiler and water is municipal. The property sits on a 4,962 sq. ft. lot with ample street parking. The property is located right off of the Trans- Canada Hwy and within walking distance to some of the main employers.

FOR SALE DETAILS

PRICE

$1,100,000 CAD

PRICE/SF

$222 CAD /SF

# OF UNITS

16

PRICE/UNIT

$68,750

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R2

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Andrew OdoardieXp RealtyMore Info
866-530-7737

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Andrew OdoardieXp RealtyMore Info
866-530-7737

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.