71 Balsam Avenue, Kirkland Lake, ON
Property no longer active
This property was sold on November 5, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow-Raised detached located in the coveted neighborhood of KL & Area. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $438,000 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 premium 27.1 x 114.6 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump, Water Heater, Built-In Oven
- Efficient baseboard heating via electric
Description
ELEGANT 3+1 BEDROOM ELEVATED BUNGALOW with DETACHED GARAGE located in an upscale family-oriented neighbourhood. From the time you step into the spacious foyer / mudroom of this gorgeous home and walk into the open concept living space (grand or great room), it will be love at first sight. From the modern kitchen with built-in appliances, a large prep island, adjoining dining and living room space, this grand room is the perfect space for family & friends to gather. Enjoy a glass of wine in the screen-in covered porch off the living room. The main level features 3 bedrooms & a fully renovated 4 pc bathroom. The primary bedroom has direct access to a generously-sized back deck, fully fenced-in backyard (great for children & pets) & a backdrop of mature trees. The lower level with great floor to ceiling height and so much natural daylight, provides an additional 1300 sq feet of living space. Here you will find a fourth bedroom with gas fireplace & semi 3 piece ensuite, a large family room with an adjoining multi-purpose bonus room & finally a laundry room. This elevated bungalow with fully finished basement would be ideal for different generations to live in. The large detached garage & long driveway provide 4 - 5 parking spaces. With online virtual tour. Don't miss on on this beautiful home. ADDITIONAL INFO: Detached Garage built in 1995 as per MPAC(HYDRO: $3,630.09 (not including hst)May 2024 - April 2025). (HEAT: See Hydro) (WATER SEWER 2025: $314.24 Flat & Quarterly as of July 2025). MPAC code: 301. Green space / property abutting 71 Balsam to the right hand side of the garage is owned by the town of KL (when looking at the front of the house).
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Property Summary
This detached home located at 71 Balsam Avenue, Kirkland Lake is currently for sale and has been available on SousaSells for 426 days. This property is listed at $438,000 with an estimated mortgage of $1,458* per month. It has 4 beds, 2 bathrooms, and is 1100-1500 square feet. 71 Balsam Avenue, 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard
Interior Features
Sump Pump, Water Heater, Built-In Oven, Countertop Range, Air Exchanger
Security Features
Carbon Monoxide Detectors, Smoke Detector
Community Features
Virtual Tours
Location
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 71 Balsam Avenue, Kirkland Lake, ON P2N 1W7
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 $438,000 in Kirkland Lake, the legal minimum down payment is $21,900 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 $5,235 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 $5,235.
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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.