$189,900
For sale: Multiplex

Great investment opportunity in the heart of Kirkland Lake. This fully tenanted triplex offers three self-contained units, each featuring two bedrooms, one bathroom, and a practical kitchen-living room layout. Located in a mature residential neighbourhood, the property is within close proximity to schools, parks, medical facilities, and local amenities. With stable tenancy already in place, this is an ideal option for investors seeking a turnkey addition to their portfolio in a community with consistent rental demand. Some photos are virtually staged.
Sold data
Multiplex homes in Kirkland Lake took a median of 42 days to sell over the last 730 days, with the quickest quarter selling within 20 days and the slowest quarter taking more than 83, across 33 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 115 days.
The median sale price was $324,900.
Homes sold for about 8.9% below asking on average, so there was room to negotiate.
About 6% of sales closed above the list price.
Around 30% of sellers reduced their price before finding a buyer.
Based on 33 recorded sales in the last 2 years — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kirkland Lake has 4 Fraser Institute–rated schools (2 elementary and 2 secondary), averaging 2.6/10.
School ratings from the Fraser Institute's Ontario school report cards.
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