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6 to 12 Koval ST

6 to 12 Koval ST

Pickle Lake, Ontario

  • Other
$1,850,000

Trophy Investment Asset – Fully Leased AAA-Tenant Strip Mall in Downtown Pickle Lake Rare opportunity to acquire one of the largest and most prominent commercial properties in downtown Pickle Lake. Strategically positioned at the epicenter of the town’s commercial core, this high-performing strip mall offers exceptional stability, visibility, and long-term value. With a 0% vacancy rate sustained over the past 3 years, every unit — including areas originally designated for common use in the last year — is fully leased. This property attracts and retains top-tier tenants, all of whom are AAA-rated and operating under Triple Net (NNN) leases, ensuring reliable, hands-off income for ownership. Recent capital upgrades include the installation of multiple new furnaces and a new compressor unit, enhancing energy efficiency and reducing ongoing maintenance expenses. Property Highlights: • Entire roof redone in 2019 with 20yr warranty • Landmark commercial asset in downtown Pickle Lake • Fully leased – 0% vacancy over 3+ years • Even common areas monetized through leasing • Anchored by AAA tenants on Triple Net leases • Recent mechanical updates: new furnaces and compressor unit • High-traffic location with premium visibility and access • Strong in-place cash flow with minimal landlord obligations This is an ideal acquisition for investors seeking a secure, cash-flowing asset in a supply-constrained market. With a tenant roster of nationally and regionally recognized businesses, this property offers long-term income certainty and low operational risk. Contact us today to request and schedule a private tour.

Price History

Property

Lot Size
1.2 acres

Schools

Elementary

  • Crolancia Elementary School0.3 km

    Public · Keewatin-Patricia DSB · 70 students

    Grade 3 reading: 60% met the provincial standard

Secondary

  • Crolancia Secondary School0.4 km

    Public · Keewatin-Patricia DSB

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 P0V

Population
22,944
Private dwellings
9,106
Median age
30.8
Average household size
3.1
Median household income
$71,500

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.

Walk Score

21

Walk

35

Bike

Scores by Walk Score®

Mortgage Calculator

$370,000

Estimated Monthly Payment

$9,088

Land transfer tax

Estimated land transfer tax$33,475

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: $9,088/mo (20% down, 5.5%)

Taxes: $0/mo · Insurance: $463/mo

Estimates only. Consult a financial advisor.

R

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