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Investment signal

$395,000

69 MCCAMUS AVENUE

Beds

Baths

Sqft

—

Year

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Location

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About this home

Fantastic Investment Opportunity! Fourplex, with great location and walking distance to downtown/shopping amenities. The 25'x25' garage with heat and power offers further income potential.The building features 2 x 2 bedroom 1 bathroom units (main floor unit tenanted, second floor unit vacant) , 2 x 1 bedroom 1 bathroom units (main floor unit tenanted, second floor unit vacant). The basement has laundry for the tenants, and an additional area that provides ample space with finishing potential for an additional unit or storage, there is walk up access to separate entrance. Retrofit (2021). Roof (2019). Siding Plus Layer of Insulation (2022). Coin Operated Laundry (2022). (id:65958)

Subtype: Multi-family
Structure: Fourplex
Community: KL & Area
Lot dimensions: 45 x 105 FT ; 45' front, 105', 55', 15', 115'
Bedrooms: 6 above grade
Parking: 5 total
Stories: 2
On market: Apr 13, 2026
Status changed: Apr 13, 2026
Annual tax: $3,331 (2025)
Zoning: R1
Photos: 26
MLS#: T12989172
Area: KIRKLAND_LAKE_(KL_&_AREA)

Features and systems

Parking

Detached GarageGarage

Basement

PartialSeparate entranceWalk-upN/AN/A

Appliances

WasherRefrigeratorWater meterStoveDryerWater Heater - Tankless

Heating

Baseboard heatersRadiant heatNot knownNatural gas

Cooling

None

Exterior

Vinyl siding

Foundation

UnknownConcrete

Lot

Irregular lot size

Utilities

SewerElectricity

Positive cash flow ~$442/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)2026 default 5.49% — adjust to your rate holdAmortization (years)

Cash on cash

6.71%

Cap rate

7.23%

GRM

10.0

Break-even rent

$2,835

Financing

Down payment$79,000

Loan amount$316,000

Mortgage$1,939/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$181

Insurance$80

Maintenance$329

CapEx reserve$165

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: 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.

Lifestyle 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.

Mortgage estimate

Estimated $1,939/mo at 5.49% with 20% down, 25-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 13, 2026.