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23 Prospect Avenue

23 Prospect Avenue

Kirkland Lake, ON

  • 8,466 sqft
  • Store W Apt/Office
  • 73 days on market
$750,000

Nestled in the heart of downtown Kirkland Lake, this prime commercial and residential building is located at the busiest intersection in town-ensuring maximum visibility and traffic flow. The building comprises five fully rented commercial units, along with three residential units-a one-bedroom, a two-bedroom, and a three-bedroom-each currently leased. There's also exciting potential to create a fourth residential unit, offering flexibility for future growth. With a strong rental income and a coveted location, this property is an investor's dream-don't miss this rare opportunity!

Listing Details

Taxes (2025)
$9,033
Listed
June 30, 2026

Price History

Property

Age
51-99
Lot Size
60.4 x 78.73 Feet

Parking

Garage
None

Location & Legal

Cross Street
Prospect Ave & Government Rd
Zoning
C1
Parcel Number
614070476
Possession
Flexible
Occupancy
Tenant

Commercial

Office / Apartment Area
3236 Sq Ft

Included

Rental Items
Hot Water Tank: $12/MTH

Community

Postal area P2N

Population
6,944
Private dwellings
3,943
Median age
45.2
Average household size
2
Median household income
$60,800

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Kirkland Lake · last 12 months

Median sold price
$190,000
Homes sold
186
Median days on market
40
Sale-to-list price
91.9%

Based on 186 recorded sales of commercial properties in Kirkland Lake over the last 12 months.

Listed by

ROYAL LEPAGE NORTHERN GOLD REALTY

Walk Score

Walk Score is unavailable for this address right now.

Commercial figures

Building area
8,466 sq ft
Price per sq ft
$88.59
Annual property tax
$9,033
Tax per sq ft
$1.07

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

Online

Reita said:

Reita is an automated assistant, not a licensed real estate agent. This listing mentions The building comprises five fully rented commercial units, along with three residential units-a one-bedroom, a two-bedroom, and a three-bedroom-each currently leased.. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?

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