$333,333
↓ $25,667 from $359,000
Est. payment $1,476/moCalculate yours
7 Federal Street, Kirkland Lake, ON P2N 1E4
Kirkland Lake, Kirkland Lake, ON P2N 1E4
- 5 Beds
- 3 Baths
- 3 Garage
- 1,500 Sq Ft
Listing courtesy of SHERRY PANAGAPKA REAL ESTATE LTD. MLS® T13557036
About this home
Located in the quiet and friendly Federal neighborhood, this triplex is ideal as an investment property or as a multi-generational family residence. Upstairs is a three-bedroom unit (one bedroom is presently used as a laundry room) while the main level has two self sufficient one-bedroom apartments. Two units are presently vacant. The third unit will be vacant as of Oct. 31, 2026…this will allow Buyer to choose tenants and to set the rents. The full unfinished basement has lots of space, a convenient workshop and a laundry area for main level tenants. Included are all appliances (three fridges, three stoves, two dishwashers, chest freezer and two sets of washers and dryers). There are four parking spaces with two located under the convenient carport. The rustic two bay outer building provides lots of extra storage space for your tools and toys. Many upgrades completed include: steel roof (2016), electrical upgrades, new steel support posts in the basement and a recently refinished entrance foyer. Conveniently located a short walk to Northern College and Kirkland Lake District Hospital. Live in one unit and have the other two units subsidize costs while your investment grows or add this triplex to your investment portfolio & rent out all three units. Now’s the perfect time to invest as the region anticipates substantial growth in the very near future.
Property details
Overview
- Property Type
- Triplex
- Style
- 2-Storey
- For
- For Sale
- Status
- Price Change
- Size
- 1,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Unfinished, Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Window Unit(s)
- Exterior
- Other
- Foundation
- Poured Concrete
- Roof
- Metal
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 40 x 95 Feet
- Parking
- Carport garage · 4 total
- Zoning
- R2
Financial
- Property Taxes
- $3,129 (2026)
Location
- Neighbourhood
- Kirkland Lake
- Cross Street
- Foss Lane
- Direction Faces
- South
Listing
- MLS® Number
- T13557036
- Days on Market
- 97
- Listed On
- 2026-07-13
- Possession
- To Be Negotiated
- Listed By
- SHERRY PANAGAPKA REAL ESTATE LTD.
Rooms
Features
Interior
- Storage
Pool
- None
- Included
- All appliances: Main Level Front: Fridge, Gas Stove. Main Leve Unit rear: Fridge, Gas Stove, Dishwasher "as is", Second Level Unit: Fridge, Gas Stove (Ignitor on this stove doesn't work) Unit, Washer, Dryer. Basement: Washer Dryer.
- Excluded
- Possibility of negotiating some of the remaining furniture main level front unit & upper level unit with an accepted offer. Tenants personal belongings.
- Rental items
- RELIANCE: H20 Tank $134.90 quarterly (May 27, 2015 Manufacture Date)
Mortgage calculator
Estimated mortgage payment
$1,476 per month
- Principal and interest
- $1,476
- Property tax
- $261
- Condo fees
- $0
- Estimated monthly cost
- $1,737
Your mortgage
- Mortgage amount
- $266,666
- Mortgage insurance
- Not needed
- Interest over 25 years
- $176,111
Cash to close
- Down payment
- $66,667
- Land transfer tax
- $3,475
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $70,142
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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