$399,800
For sale: Detached

RARE COMBINATION of RESIDENTIAL, AGGREGATE RESOURCE and INVESTMENT POTENTIAL on 66 ACRES in the unorganized township of King Kirkland. This unique property includes two PINs, TWO SURFACE RIGHTS MINING CLAIMS plus one partial mining claim, three patented parcels, and approximately 3 ACRES containing an estimated 150,000 CUBIC YARDS of fine sand with some gravel. Confirmation has been obtained from the Ministry of Northern Development, Mines, Natural Resources and Forestry (Kirkland Lake and Timmins Districts) that NO ADDITIONAL EXTRACTION PERMITS ARE REQUIRED for the removal of sand and gravel from the property. Additional features include three separate access points, CONSENT GRANTED FOR A HIGHWAY ENTRANCE FROM HWY 66, and an ARCHAEOLOGICAL ASSESSMENT COMPLETED as part of a previous severance application. Also included is a 2+2-bedroom backsplit home with two bedrooms on the main level and two bedrooms in the raised lower level, all served by 1.5 baths. The kitchen features vinyl flooring and patio doors to the side deck, while the living room offers hardwood flooring and access to the front deck. Large above-grade windows provide natural light to both lower-level bedrooms. Additional features include propane forced-air heating and metal roof (both approximately 5 years old), well, septic system, owned hot water tank and owned water softener. An exceptional opportunity for investors, contractors, aggregate users, recreational enthusiasts, or anyone seeking a northern property with unique resource value and future potential.
Sold data
Detached homes in Kirkland Lake (King Kirkland) took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 17 days and the slowest quarter taking more than 56, across 49 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 32 days.
The median sale price was $239,900.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 31% of sellers reduced their price before finding a buyer.
Based on 49 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kirkland Lake (King Kirkland) 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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