43 DUNCAN AVENUE S, Kirkland Lake

$419,000

For sale: Multiplex

Multiplex at 43 DUNCAN AVENUE S, Kirkland Lake
Property type
Multiplex
Bedrooms / bathrooms
12 bedrooms, 6 bathrooms
Living area
3,500 sqft
MLS®
MLS® T13707330
Neighbourhood
Kirkland Lake

Investment opportunity knocks! This 6-plex building is priced to sell. It features one 1-bedroom apartment, one 3-bedroom apartment, and four 2-bedroom apartments. The fully tenanted property is located in the main downtown area. The buyer has the opportunity to renovate and increase the rents for better cash flow. Net annual income is $59,246.85 according to the seller. Selling '"AS IS".

Sold data

Multiplex homes in Kirkland Lake — recent sold market

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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 115 days.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.

Median days to sell
42
Median sale price
$324,900
Sale-to-list ratio
91.1%
Sold above asking
6%

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

Schools in Kirkland Lake

Kirkland Lake has 4 Fraser Institute–rated schools (2 elementary and 2 secondary), averaging 2.6/10.

Rated schools
4
Elementary
2
Secondary
2
Average rating
2.6 / 10

Top-rated schools in Kirkland Lake

  • Kirkland Lake District Composite — secondaryFraser rating 4.5/10
  • ÉS catholique l'Envolée du Nord — secondaryFraser rating 4.4/10
  • Assomption — elementaryFraser rating 1.5/10
  • Federal — elementaryFraser rating 0.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 43 DUNCAN AVENUE S