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Investment signal

$199,900

111 TAYLOR AVENUE

Save this home

Beds

6

Baths

3

Sqft

Year

Type

Multi-family

Suite

Investment signal

Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Kirkland Lake (KL & Area). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Great investment opportunity in the heart of Kirkland Lake. This fully tenanted triplex offers three self-contained units, each featuring two bedrooms, one bathroom, and a practical kitchen-living room layout. Located in a mature residential neighbourhood, the property is within close proximity to schools, parks, medical facilities, and local amenities. With stable tenancy already in place, this is an ideal option for investors seeking a turnkey addition to their portfolio in a community with consistent rental demand. Some photos are virtually staged. (id:65958)

Subtype
Multi-family
Structure
Triplex
Community
KL & Area
Lot dimensions
40 x 100 FT
Bedrooms
6 above grade
Parking
4 total
Stories
2
On market
Apr 7, 2026
Status changed
Apr 24, 2026
Annual tax
$1,786.19
Photos
11
MLS#
T12967430
Area
KIRKLAND_LAKE_(KL_&_AREA)

Features and systems

Parking

No Garage

Basement

UnfinishedN/A

Appliances

RefrigeratorStove

Heating

Other

Cooling

None

Exterior

Vinyl siding

Foundation

Block
Positive cash flow ~$1,903/mo at these assumptions

Cash on cash

57.12%

Cap rate

16.29%

GRM

5.0

Break-even rent

$1,297

Financing

Down payment$39,980
Loan amount$159,920
Mortgage$810/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$92
Insurance$80
Maintenance$167
CapEx reserve$83
Vacancy loss$165

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $810/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.

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