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5 BALSAM AVENUE, Kirkland Lake, Ontario, P2N 1W7

MLS® # 1403362
Investment For Sale In Kirkland Lake, Ontario
$399,900
5 Balsam Avenue, Kirkland Lake, ON - Outdoor
5 Balsam Avenue, Kirkland Lake, ON - Outdoor
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Bathroom
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Kitchen
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Kitchen With Double Sink
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Bathroom
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Exterior
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With View
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Exterior
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With View
5 Balsam Avenue, Kirkland Lake, ON  - Outdoor
5 Balsam Avenue, Kirkland Lake, ON  - Outdoor
5 Balsam Avenue, Kirkland Lake, ON  - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON  - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Deck Patio Veranda
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Bathroom
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Kitchen
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Kitchen With Double Sink
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Other Room
5 Balsam Avenue, Kirkland Lake, ON - Indoor Photo Showing Bathroom
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Exterior
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With View
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With Exterior
5 Balsam Avenue, Kirkland Lake, ON - Outdoor With View
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5 BALSAM AVENUE, Kirkland Lake, Ontario, P2N 1W7
$399,900

Property Information:

Introducing a fantastic triplex in the charming town of Kirkland Lake, Ontario! This recently renovated property offers an excellent investment opportunity with three units, each boasting modern upgrades.Unit Features: - Two spacious two-bedroom apartments, perfect for comfortable living. - One cozy one-bedroom apartment, currently rented and generating a steady income with a long-term tenant. - Each unit includes a convenient storage unit, providing ample space for belongings. Additional Highlights: - The middle unit stands out with its large deck, offering a perfect space for relaxation and entertainment. - Plenty of off-street parking available for residents and visitors. Whether you are an investor looking for a lucrative rental property or a homeowner seeking a multi-unit residence, this triplex in Kirkland Lake is a must-see. Don't miss out on this opportunity to own a fully renovated property in a desirable location. Envision the endless possibilities that await you! (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Triplex
  • Amenities: Storage - Locker
  • Basement Development: Not Applicable
  • Basement Type: Unknown
  • Construction Style - Attachment: Attached
  • Easement: Other
  • Exterior Finish: Siding
  • Fixture: Ceiling fans
  • Flooring Type: Flooring Type, Laminate
  • Heating Type: Baseboard heaters, Radiant heat
  • Heating Fuel: Electric, Natural gas
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Built in: 1936
  • Irregular: Yes
  • Lease Type: Lease Type
  • Lot Depth: 85.8 Feet
  • Lot Frontage: 43.3 Feet
  • Lot Size: 43.25 ft X 85.75 ft (Irregular Lot)
  • Storage Type: Storage Shed
  • Zoning: R2
  • Sewer: Municipal sewage system
  • Parking Type: Gravel
  • No. of Parking Spaces: 6

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Location of 5 BALSAM AVENUE, Kirkland Lake, Ontario, P2N 1W7

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

26 hot days expected in 2050

37/100

Moderate-Low

ClimateCheck®

Current data

This property, 5 BALSAM AVENUE , experiences 7 hot days per year at around 29.5 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 26 hot days at 32.7 degrees Celsius.

Projected Avg. Temperature

Past
29.5℃
2050
32.7℃

# Hot Days Per Year

Past
7
2050
26

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

55/100

Moderate

ClimateCheck®

Current data

This property, 5 BALSAM AVENUE , experiences 11 significant 2-day storms per year, with about 288.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 358.6mm of precipitation per year.

Precipitation Per Storm

Past
288.1mm
2050
358.6mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of 5 BALSAM AVENUE, Kirkland Lake, Ontario, P2N 1W7

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$94,875.94

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.99 %

High school certificate or equivalent

27.4 %

Apprenticeship trade certificate/diploma

7.82 %

College/non-university certificate

26.85 %

University certificate (below bachelor)

0.32 %

University Degree

8.62 %

Commuter

Travel To Work

By Car

85.49 %

By Public Transit

0.0 %

By Walking

9.33 %

By Bicycle

0.0 %

By Other Methods

5.18 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

39.89 %

Houses

60.11 %

Own Vs. Rent