Building Lot For Sale on Kirkland Lake, ON - 10 bed, 10 bath (70 Grierson Road) - $555,000


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Building Lot / Acreage / Apartment For Sale on Kirkland Lake, ON - 10 bed, 10 bath

Main Features

10 Bedrooms
10 Bathrooms
Unspecified Square Feet
1 acres Lot Size
1 Story
Parking Stall, Street Parking

The Basics

  • Price: $555,000
  • Property Type: Building Lot / Acreage / Apartment
  • Ad Type: For Sale
  • Listing ID: 844273

Location

  • Address: 70 Grierson Road
  • City: Kirkland Lake
  • Province/State: Ontario
  • Postal/ZIP Code: P2N 1E2
Property Description
Map Location
Mortgage Calculator
Contact Seller

Located 2 mins away from the town of Kirkland Lake, it is a great opportunity to invest in this 1 acre property. This listing includes two pieces of properties, consists of 2 storey apartment with 10 residential units and a piece of developable land. The Grierson property is sold as a multi unit apartment with tenancy agreements that generate 17% rental income annually. Roof has been newly replaced and some units were just renovated. The McCamus property is sold as a piece of vacant land which is zoned as R2 and is ready for land development.

In the short term, the Grierson property generates positive cashflow for the investors. In the long term, the McCamus property can be used as a long hold or for development use. A great real estate portfolio that generates both short term and long term income. For any interested builders, developers, investors who is seeking for positive cashflow investment package, this is the one! This package comes with property with positive cashflow and development opportunity. This is a Owner’s listing. We welcome potential Buyers or Realtors to inquiry.

Approximate Map Location*

70 Grierson Road, Kirkland Lake, Ontario, Canada   P2N 1E2


* Each seller is responsible for ensuring that their map location is accurate. Please contact the seller directly if you have any questions.
Seller Name: Chris Fan
Contact this Seller at 778-316-1060
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