8 Poplar Avenue, Kirkland Lake, ON
Property no longer active
This property was sold on December 4, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 3-Storey triplex located in the coveted neighborhood of KL & Area. Expertly crafted featuring premium wood construction, this residence presents an exceptional opportunity offered at $249,000 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.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 3000-3500 sqft on a premium 37.61 x 99.66 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Sump Pump
- Efficient other heating via gas
Description
Located in a peaceful neighborhood, this multi-unit building offers great investment potential. With three fully rented units, two 2-bedroom and one 1-bedroom. This property generates an annual gross income of over $33,000. Updates Includes: New roof (2020, New hot water on demand system (2024), upgraded windows, Fire inspection complete, Parking available for all units, 3 new space heaters and more! Don't miss out on this opportunity to own a profitable rental property.
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Property Summary
This triplex located at 8 Poplar Avenue, Kirkland Lake is currently for sale and has been available on SousaSells for 396 days. This property is listed at $249,000 with an estimated mortgage of $829* per month. It has 5 beds, 3 bathrooms, and is 3000-3500 square feet. 8 Poplar 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
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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 8 Poplar Avenue, Kirkland Lake, ON P2N 2M3
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 $249,000 in Kirkland Lake, the legal minimum down payment is $12,450 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 $2,215 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 $2,215.
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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.