7 Federal Street
Kirkland Lake, ON
- 5 bed
- 3 bath
- approx. 1500-2000 sqft
- Triplex
- 68 days on market
Located in the quiet and friendly Federal neighborhood, this triplex is ideal as an investment property or as a multi-generational family residence. Upstairs is a three-bedroom unit (one bedroom is presently used as a laundry room) while the main level has two self sufficient one-bedroom apartments. Two units are presently vacant. The third unit will be vacant as of Oct. 31, 2026...this will allow Buyer to choose tenants and to set the rents. The full unfinished basement has lots of space, a convenient workshop and a laundry area for main level tenants. Included are all appliances (three fridges, three stoves, two dishwashers, chest freezer and two sets of washers and dryers). There are four parking spaces with two located under the convenient carport. The rustic two bay outer building provides lots of extra storage space for your tools and toys. Many upgrades completed include: steel roof (2016), electrical upgrades, new steel support posts in the basement and a recently refinished entrance foyer. Conveniently located a short walk to Northern College and Kirkland Lake District Hospital. Live in one unit and have the other two units subsidize costs while your investment grows or add this triplex to your investment portfolio & rent out all three units. Now's the perfect time to invest as the region anticipates substantial growth in the very near future.
Listing Details
- Taxes (2026)
- $3,129
- Originally Listed
- $359,000
- Listed
- July 13, 2026
Price History
Property
- Style
- 2-Storey
- Construction
- Other
- Roof
- Metal
- Foundation
- Poured Concrete
- Interior
- Storage
- Lot Size
- 40 x 95 Feet
Parking
- Garage
- Carport
- Covered Spaces
- 3
- Total Parking
- 4
Utilities
- Sewer
- Sewer
- Heat Source
- Gas
Location & Legal
- Cross Street
- Foss Lane
- Zoning
- R2
- Parcel Number
- 612280261
- Possession
- Flexible
- Occupancy
- Owner+Tenant
Included
- Inclusions
- All appliances: Main Level Front: Fridge, Gas Stove. Main Leve Unit rear: Fridge, Gas Stove, Dishwasher "as is", Second Level Unit: Fridge, Gas Stove (Ignitor on this stove doesn't work) Unit, Washer, Dryer. Basement: Washer Dryer.
- Exclusions
- Possibility of negotiating some of the remaining furniture main level front unit & upper level unit with an accepted offer. Tenants personal belongings.
- Rental Items
- RELIANCE: H20 Tank $134.90 quarterly (May 27, 2015 Manufacture Date)
Schools
Elementary
- Federal Public School0.4 km
Public · DSB Ontario North East · 180 students
Grade 3 reading: 22% met the provincial standard · Grade 6 math: 4% met the provincial standard
- Central School1.2 km
Public · DSB Ontario North East · 285 students
Grade 6 math: 11% met the provincial standard
- Kirkland Lake District Composite Elementary School1.4 km
Public · DSB Ontario North East · 135 students
Secondary
- École secondaire catholique l’Envolée du Nord1.5 km
French Catholic · CSDC des Grandes Rivières · 55 students
Grade 10 literacy: 91% met the provincial standard
- Kirkland Lake District Composite Secondary School2.6 km
Public · DSB Ontario North East · 440 students
Grade 10 literacy: 73% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
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
Residential Freehold in Kirkland Lake · last 12 months
- Median sold price
- $187,500
- Homes sold
- 180
- Median days on market
- 38
- Sale-to-list price
- 91.6%
Based on 180 recorded sales of residential freehold properties in Kirkland Lake over the last 12 months.
Rooms
3-piece on Main, 4-piece on Main, 4-piece on Second
Second
- Bathroom5'2" x 4'2"
- Bedroom13'6" x 10'
- Bedroom 211'6" x 9'9"
- Bedroom 311' x 8'4"
- Kitchen10' x 6'6"
- Living Room21'4" x 10'6"
Main
- Bathroom0'7" x 5'10"
- Bedroom10'4" x 9'6"
- Bedroom10'6" x 8'
- Foyer6'9" x 5'6"
- Kitchen7'4" x 13'6"
- Kitchen11'6" x 10'9"
- Living Room11' x 11'6"
- Living Room10'6" x 9'3"
- Living Room10'6" x 9'3"
- Mud Room4' x 6'3"
Listed by
SHERRY PANAGAPKA REAL ESTATE LTD.
Walk Score
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Location
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Mortgage Calculator
$66,667
Estimated Monthly Payment
$1,638
Land transfer tax
Ontario land transfer tax only. An estimate — not legal or financial advice. Municipal land transfer tax applies in Toronto and is not included.
Investment Analysis
No recent nearby lease data. Enter a rent to see the numbers.
Mortgage: $1,638/mo (20% down, 5.5%)
Taxes: $261/mo · Insurance: $83/mo
Estimates only. Consult a financial advisor.
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