38 Duncan Avenue, Kirkland Lake, ON
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Property Highlights
Welcome to this remarkable Other multiplex located in the coveted neighborhood of KL & Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $549,900 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.
- 9 Bedrooms and 7 Bathrooms with 9 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 90 x 94 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 6.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via gas
Description
PRIME MULTI-UNIT INVESTMENT-FULLY OCCUPIED WITH GREAT RETURNS! This fully rented 7-plex is an exceptional investment opportunity, generating a solid net income of approximately $60,000.00 per year. Featuring two spacious two-bedroom apartments & five well-designed one-bedroom apartments, the building offers a strong mix of units that appeal to a wide range of tenants. Originally a church, the property has been thoughtfully transformed into 7 beautiful apartments, blending charm & character with modern comfort. Located in the heart of downtown, this income property would make a valuable addition to your portfolio.
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Key Features
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Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
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Frequently Asked Questions about 38 Duncan Avenue, Kirkland Lake, ON
Q.What is the asking price for 38 Duncan Avenue, Kirkland Lake, ON ?
The current listing price for 38 Duncan Avenue, Kirkland Lake, ON in KL & Area, Kirkland Lake is $549,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 9 bedrooms and 7 bathrooms across approximately 2500-3000 sqft.
Q.What property type and architectural style is 38 Duncan Avenue, Kirkland Lake, ON ?
38 Duncan Avenue, Kirkland Lake, ON is a Multiplex (Other) featuring a Finished, Full basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 6.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
KL & Area, Kirkland Lake
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) × 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
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Property History
No historical data available for this property.
This could be the first listing for this address.
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Pricing & Value Insights
Data-driven valuation for 38 Duncan Avenue S, Kirkland Lake, ON P2N 1X7
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 $549,900 in Kirkland Lake, the legal minimum down payment is $29,990 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 $7,473 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 $7,473.
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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.
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