91 Taylor Ave

Kirkland Lake | | P2N 2L5
  • 5
  • 3
  • 0

$309,999

Est. Mtg $1,051 /mo
  • Days on market

    159

  • Status

    New

Listing Broker RE/MAX PREMIER INC.
Since listed: 3 views

Home details

MLS #:

T11953633

Property type:
Triplex
Style:
2-Storey
Taxes:
$2,100
Possession:
Immediate/Tbd
Lot Front:
33.88   Feet
Lot Depth:
101.0   Feet
Basement:
Part Bsmt |
Driveway Pkg:
3
Heat:
Gas | Forced Air

Description


91 Taylor Ave, , Kirkland Lake, Ontario is a Triplex property in Kirkland Lake and in the community in the P2N 2L5 postal code


This income-generating triplex offers a fantastic opportunity for investors looking for strong cash flow and minimal management responsibilities. Fully tenanted and professionally managed, this property features two spacious 2-bedroom units and one well-maintained 1-bedroom unit, making it an excellent addition to any real estate portfolio. With an impressive annual rental income of $35,000+ and low operating expenses, this property delivers exceptional returns and a high cap rate, making it a rare find in todays market. Located in the heart of Kirkland Lake, this property benefits from the towns growing demand for quality rental housing. The area is experiencing a population boom, fueled by gold mining operations, government offices, a regional hospital, and Northern College, all of which drive a steady demand for housing. With low vacancy rates and a strong rental market, investors can feel confident in the long-term sustainability of this asset. Kirkland Lake is a thriving regional hub along the Trans-Canada Highway, offering a mix of small-town charm and modern amenities typically found in much larger cities. Residents enjoy easy access to shopping, dining, schools, healthcare facilities, and recreational activities, enhancing the overall desirability of rental properties in the area. This is a turnkey, hands-off investment that requires minimal oversight while delivering strong, consistent returns. Whether you're a seasoned investor or just starting to build your portfolio, this property is a smart choice for long-term wealth building..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-10 2023-08 $390,000 $390,000 Ter X5783102
2024-11 2025-02 $359,999 $329,999 Ter T10428743
2025-02 2025-02 $309,999 $309,999 New T11953633
2023-08 $390,000 $390,000 X5783101

Comparables

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sold Date Address List Price sold Price DOM
2025-02 5-7 Lincoln Ave, $749,900 $750,777 15
2024-10 319 Dufferin Ave, $399,000 $385,000 27
2024-08 43 Centre St N, $700,000 $700,000 121
2024-04 178 Montgomery Rd, $899,900 $890,000 16
2024-04 84 Superior St, $679,900 $640,000 46
2024-03 198 Nelson St, $299,900 $500,000 7
2024-02 27 Berryman Ave, $569,500 $540,000 24
2023-11 4958 Maple Ave, $749,000 $710,000 30
2023-09 27 Grenville Ave, $1,000,000 $1,125,000 13
2023-09 55 Mckelvie Ave, $375,000 $370,000 17
2023-08 209 York St, $699,900 $667,500 54
2023-08 223 Dundas St E, $449,000 $440,000 19
2023-06 35 Dain Ave, $499,900 $470,000 36
2023-05 785 Nelson St, $550,000 $547,500 9
2023-04 111 Wellington St W, $389,000 $379,000 3

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Kirkland Lake :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 91 Taylor Ave

Based on available 3rd party data

$1361

Approximate costs per month

Mortgage
$1051 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$175 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX PREMIER INC.
Data Source: TRREB

Payment calculator

$1226 monthly. In association with: TD Bank
%
  • Principal and Interest
    1051 /mo
  • Property Taxes
    $175 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Mike Zamani, Realtor

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