1 Fifth Street, Kirkland Lake, ON

$479,000
MLS#:T9292765
4 beds
2 baths
1100-1500 sqft
8.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of KL & Area. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $479,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1100-1500 sqft on a spacious lot (Feet)
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 8.0 total parking spaces available
  • Notable attributes: Other, Other, Storage
  • equipped with unknown central cooling and highly efficient forced air heating via gas

Description

Nicely situated on a generously sized lot (152 ft of frontage) & lined with a row of mature trees is this elegant move-in ready brick bungalow + attached carport. The main level features L-shaped open concept living space with a gorgeous renovated kitchen, granite countertops, an island, adjoining dining / living room. Also on the main level are 3 bedrooms & a 4 PC Jack & Jill bathroom. A set of patio doors near the dining area leads to a 2 tier deck with gazebo, outdoor BBQ work station, a hot tub in a separate structure & a fenced-in yard with a detached brick windowed sunroom. The finished basement has a large primary bedroom with walk-in closet, an enormous rec room, 4 pc bath, laundry & utility room. Great location...a short walk to many of Kirkland Lake schools & so much parking space. Let's not forget about the work shed & gardening shed.

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Property Summary

This detached home located at 1 Fifth Street, Kirkland Lake is currently for sale and has been available on SousaSells for 724 days. This property is listed at $479,000 with an estimated mortgage of $1,594* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 1 Fifth Street, Kirkland Lake is in the KL & Area neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
4
Bathrooms
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date7/22/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionUnknown
BasementFinished
CountyTimiskaming
Annual Tax$5,015.31
Legal DescriptionPCL 12706 SEC CST; PT MINING CLAIM L2728 TECK SRO PT 1 54R3310 EXCEPT PT 1 54R3407; KIRKLAND LAKE ; DISTRICT OF TIMISKAMING

Parking & Garage

Parking Spaces8.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingUnknown

Features

Property Features

Interior Features

Other, Other, Storage, Other, Central Vacuum

Security Features

Community Features

Location

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1 Fifth Street, Kirkland Lake, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 1 Fifth Street, Kirkland Lake, ON P2N 3P6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kirkland Lake.

Configure Loan Settings

Interest Rate4.00%
Down Payment$143,700 (30.0%)
* Minimum Canadian down payment required for this price is $23,950.
Amortization Period30 Years
Estimated Monthly Payment$1,594Based on a loan of $335,300 over 30 years.
Purchase Price$479,000
Loan Amount$335,300
Provincial Land Transfer Tax:$6,055
Total Estimated Closing Taxes:$6,055

About Purchasing a Home in Kirkland Lake, ON

For a property listed at $479,000 in Kirkland Lake, the legal minimum down payment is $23,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $6,055 for this transaction. As this listing is in Kirkland Lake (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,055.

Similar Listings Nearby

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for KL & Area, Kirkland Lake.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$241,236

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Secondary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.