14-16 Lakeshore Road, Kirkland Lake, ON
Property Highlights
Welcome to this remarkable multiplex located in the coveted neighborhood of KL & Area. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $569,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 78.74 x 225.96 ft lot size
- Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
- 8.0 total parking spaces available
- Notable attributes: Unknown
- equipped with unknown central cooling and highly efficient baseboard heating via gas
Description
PRIME TURN-KEY INCOME PROPERTY: MODERN 4-PLEX RAISED BUNGALOW IN EXCELLENT LOCATION! Discover an exceptional turn-key income property. This fully tenanted raised bungalow offers a unique investment opportunity. Each unit spans two levels, featuring 2 bedrooms and 1 bathroom with an open concept living space. Modern comforts abound with stainless steel appliances, in-unit laundry spaces & ample parking. Each unit is equipped with it’s own heating system, boasting gas- radiant boiler heat & separate hydro meters, ensuring efficiency and autonomy for tenants. Built in 2016, these multi-plex units stand out with its low-maintenance appeal. Conveniently located close to many amenities, it offers tenants an ideal living situation. The properties at 14-16 Lakeshore Rd., & 18-20 Lakeshore Rd., are being sold as a package, with an asking price of $569,900.00 per building. Don’t miss out on this incredible investment opportunity!
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Property Summary
This multiplex located at 14-16 Lakeshore Road, Kirkland Lake is currently for sale and has been available on SousaSells for 773 days. This property is listed at $569,900 with an estimated mortgage of $1,897* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 14-16 Lakeshore Road, 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
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 14-16 Lakeshore Road, Kirkland Lake, ON P2N 3G4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Kirkland Lake, ON
For a property listed at $569,900 in Kirkland Lake, the legal minimum down payment is $31,990 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 $7,873 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 $7,873.
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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.