For Sale: 7 Federal Street, Kirkland Lake, ON - REW
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$359,000
5 bd • 3 ba • 1500 - 1999 sf • Multifamily
7 Federal Street
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$359,000
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7 Federal StreetKirkland Lake, ON, P2N 1E4

  • 5 Bed
  • 3 Bath
  • 1500 - 1999 Sqft
  • Multifamily

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. (id:63626)
Listed by: Sherry Panagapka, Salesperson, SHERRY PANAGAPKA REAL ESTATE LTD.

Home facts and features

Price details
List Price
$359,000
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Gross Taxes for 2025
$3,129
Home facts
Bedrooms
5
Full Bathrooms
3
Parking Spaces
4
Parking Details
Carport, Garage
Property Type
Multifamily
Lot Size
40 ft x 95 ft (3800 ft²)
Depth
95 feet
Frontage
40.0 feet
Heating Type
Forced air, Natural gas
Cooling
Window air conditioner
Basement Details
Unfinished, Full
Appliances
All, Dishwasher, Dryer, Gas stove(s), Refrigerator, Washer
Agent details
Primary Agent
Sherry Panagapka
Primary Broker
SHERRY PANAGAPKA REAL ESTATE LTD.
Listing details
Days on REW
52 Days
Property Views
17
MLS® Number
T13557036
Source
Canadian Real Estate Association
Board
Timmins, Cochrane & Timiskaming District Association of REALTORS®
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Property Insights

Federal Public School
  • Public
  • JK - 6
Central School
  • Public
  • JK - 6
É C Assomption (Kirkland Lake)
  • Catholic
  • JK - 6
Kirkland Lake District Composite School
  • Public
  • 7 - 12
Sacred Heart Catholic School
  • Catholic
  • JK - 8
Jean-Vanier School
  • Catholic
  • 7 - 12
St Jerome School
  • Catholic
  • JK - 4
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Office:
705-642-6454
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