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Serving Oakville, Burlington, Mississauga, Milton, and Hamilton in selling, buying, investing and leasing.

D: 905.399.9544 O: 905-844-5000

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76 & 74 Prospect Avenue

Beds 16
Baths 11
MLS® Number 40147708

$800,000

Status Conditional
City Kirkland Lake
County Timiskaming
Listing Type Residential Income
Postal Code P2N 2W5
Driveway Spaces 8.00
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Prime multi-residential investment property in Kirkland Lake, Ontario. This solid brick construction 11 unit building was built in the 1930's and is comprised of four 1 bed/1 bath, six 2 bed/1 bath and one bachelor units. Building is equipped with security camera system and locked front entrance. Excellent location in the town known for gold mining and solid employment growth. This building is sold as a package with 74 Prospect which is a vacant lot next door with 8 tenant parking spaces. Separately metered utilities. Recent renovations to unit #5 (2010), unit #6 (2016), new hallways carpets & paint (2016). Some windows replaced in 2016. Gross rents $7,583.33/month. Cap 5.95. Full list of financials available. Financials calculated over 12 months period. Square footage is approximate, buyer to do own due diligence.
Directions Prospect & Taylor Ave

Interior

Basement Type Full Basement
Heating Hot Water-other
Interior Features None
Square Feet 6350.00 SqFt
Cooling None
Laundry Feature Coin Operated,in Basement

Exterior

Acres Range < 0.5
Construction Materials Brick
Foundation Poured Concrete
Lot Size Acres 0.0000
Parking Spaces Total 0
Roof Asphalt Rolled

Additional Information

Appox Age 51-99 Years
Area Influences Park,Rec./Community Centre,Schools
Common Interest Freehold/none
Septic/Sewer Sewer (Municipal)
Water Source Municipal
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Schedule a showing (optional):

Wilma Fournier

Sales Representative

Sutton Group Quantum Realty