8 Dixon Avenue

Nestled in the heart of Kirkland Lake, at 8 Dixon Avenue, this remarkable Multi-Family Home for sale in Kirkland Lake presents an exceptional opportunity for both investors and those seeking a spacious residence. This property, a well-maintained multiplex, boasts a 2-storey design and is situated on a generous corner lot measuring 40 by 100 feet. With its prime location in the KL & Area community, this home offers the perfect blend of modern comfort and investment potential.

The exterior of the building features durable vinyl siding, ensuring that maintenance is kept to a minimum. The property has undergone extensive capital improvements, including newer windows and shingles, which enhance its overall appeal and longevity. As you step inside this Multi-Family Home for sale in Kirkland Lake, you will find a total of 13 rooms, including three kitchens, making it an ideal setup for multiple families or tenants.

The main floor apartment is particularly impressive, comprising three spacious bedrooms and two full bathrooms. This unit also includes its own in-suite laundry facilities, making it highly attractive to long-term tenants. The thoughtful design of the upstairs units does not go unnoticed; each of the two well-sized units features two bedrooms and one bathroom, providing ample space for comfortable living. The separate front and back entrances for these units ensure privacy for all occupants, a significant advantage in a multi-family setting.

One of the standout features of this Multi-Family Home for sale in Kirkland Lake is the provision of parking. The property offers parking space for up to four vehicles, complete with a private triple driveway, which is a rare find in the area. Additionally, there is a storage shed and separate basement storage areas for each unit, further enhancing the practicality of this home. Each unit is also equipped with hook-ups for washers and dryers, ensuring that laundry facilities are easily accessible.

The home is heated by a radiant heating system, providing a cosy atmosphere during the colder months. However, it is important to note that there is no air conditioning, no fireplace, and no central vacuum system in the property. The absence of a pool also means that maintenance in that regard is non-existent, allowing for a more straightforward living experience. The home is currently unfurnished, offering the new owners the opportunity to personalise the space to their liking.

Located at 8 Dixon Avenue, Kirkland Lake, this Multi-Family Home for sale in Kirkland Lake is ideally positioned close to local schools and amenities, making it a desirable location for families and individuals alike. The municipal water and sewer services further add to the convenience of living in this property.

With an age range of 51 to 99 years, this building carries a certain charm and character that is hard to find in newer constructions. The potential for this property is immense; there is flexibility in converting the building back into a four-plex or the option to live in one unit while renting out the others to build equity.

In summary, this Multi-Family Home for sale in Kirkland Lake at 8 Dixon Avenue is a versatile investment opportunity that should not be overlooked. With its spacious accommodations, modern upgrades, and prime location, it is perfectly suited for those looking to enter the rental market or for families needing ample living space. Don’t miss your chance to own this low-maintenance, income-generating asset in a fantastic location.

KL & Area, nestled within the charming city of Kirkland Lake, offers a unique blend of natural beauty and small-town charm. This picturesque region is characterised by its stunning landscapes, including lush forests and serene lakes, making it an ideal haven for outdoor enthusiasts. The community boasts a rich history rooted in gold mining, which has shaped its vibrant culture and local economy. Residents enjoy a close-knit atmosphere, where friendly faces and local events foster a sense of belonging. With a range of amenities, recreational activities, and a welcoming spirit, KL & Area presents an inviting opportunity for those seeking a tranquil yet engaging lifestyle in Northern Ontario.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you'll find Federal Public School, situated just 1.8 km away, offering grades from Junior Kindergarten to Grade 6 with instruction in English. Closer still, at only 0.9 km, are both Kirkland Lake District Composite School and Central Public School. The former caters to students in grades 7 to 12, while the latter serves younger students from Junior Kindergarten to Grade 6, providing a French language curriculum. All schools are part of the District School Board Ontario North East, ensuring a consistent educational standard. While the school ratings are not specified, the proximity to these institutions offers convenience and accessibility for families with children. With two schools within walking distance, parents can feel confident in the educational options available to their children, enhancing the appeal of this property for potential buyers looking for a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 562 residents, with an average household size of 1.8 individuals. The community has a median age of 46.2 years, indicating a mature demographic. The average household income stands at $74,000, although 22.8% of the population is classified as low-income. The average property price in the area is $172,000, which may appeal to potential buyers. A significant portion of the population, 53.61%, is single, while 32.14% of households include children, suggesting a mix of family structures. The area has a high rental rate, with 50.79% of residents renting their homes, and notably, there are no condominiums available. Educational attainment is relatively high, with 47% of residents holding a college or university degree. However, half of the population is not participating in the labor force, which may reflect various socio-economic factors. Additionally, immigrants make up a small percentage of the community at 1.72%. Overall, this demographic snapshot indicates a stable, mature community with diverse living arrangements and educational backgrounds.