Welcome to this remarkable [] investment located in the coveted neighborhood of Pickle Lake. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,910,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
44 Koval Street offers the opportunity to acquire a 23-unit multifamily property situated on a large 2.84-acre site in Pickle Lake, Ontario. The property features a practical suite mix of 11 one-bedroom units and 12 two-bedroom units, providing rental housing in a northern market with limited supply. One unit is currently being used as storage space and may be converted back to a rentable residential suite. The property also includes a 12-car garage, providing additional flexibility and ancillary income potential. Two bays have been converted to office space, while additional bays are being converted to storage units currently under construction. The storage program has the potential to expand to approximately 20 units in total, while still preserving flexibility for future ownership to rent garage spaces directly. Pickle Lake is Ontario's northernmost community with year-round, all-weather road access and functions as an important northern service, transportation, airport cargo, and supply hub. The community supports surrounding remote northern communities, winter road activity, resource-related operations, and access to the Ring of Fire region. Pickle Lake is also well known for fishing, hunting, and outdoor recreation, reinforcing its role as both a residential community and a gateway to Northern Ontario's wilderness.
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Data-driven valuation for 44 Koval Street S, Pickle Lake, ON P0V 3A0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.