


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
Parking
Build
Heating & Cooling
Utilities
Ownership Details
Ownership
Taxes
Source
Listing Brokerage
Book A Private Showing
For Sale Nearby
Sold Nearby

- 2
- 1

- 3
- 2

- 3
- 1

- 5
- 2

- 1,500 - 2,000 Sq. Ft.
- 4
- 2

Listing information provided in part by the Toronto Regional Real Estate Board for personal, non-commercial use by viewers of this site and may not be reproduced or redistributed. Copyright © TRREB. All rights reserved.
Information is deemed reliable but is not guaranteed accurate by TRREB®. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.