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91 Taylor Ave

Taylor AveKirkland LakeON, P2N 2L5

5
Beds
3
Baths
$309,999
List Price
91 Taylor Ave, Kirkland Lake, ON - 1 of 3
91 Taylor Ave, Kirkland Lake, ON - 2 of 3
91 Taylor Ave, Kirkland Lake, ON - 3 of 3
New
19 days on market

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... Show More

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.

Property Details

Size

Sq. Ft. Not Available
5 Beds
5 Above Grade
3 Baths

Parking

3 Parking Spaces
None

Build

Year Built
-
Model Name
-
Basement
Part Bsmt
Exterior
Vinyl Siding
Foundation
-
Builder Name
-
Stories
-
Flooring
-
Roof
-

Heating & Cooling

Heating
Forced Air
Cooling
Central Air

Utilities

Water
-
Sewer
Sewers
SHOW LESS

Ownership Details

Ownership

Title
Freehold
Zoning
Residential

Taxes

Property Tax Year
2024-01-01
Property Tax Amount
$2,100

Source

Listing Brokerage

MLS® Listing
T11953633
Last Updated
February 3, 2025
Brokerage
RE/MAX PREMIER INC.
Call us 800-591-0566

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