109 Poplar Avenue, Kirkland Lake

$249,000
109 Poplar Avenue

$249,000

New
50d
Detached1 1/2 Storey

109 Poplar Avenue, Kirkland Lake

Total Monthly Obligation $1,555

Beds
2
Baths
2
Park
3
Sqft
1100-1500
DOM
50d
Score
29
Yield
8.0%
Cash on Cash
7.8%
Cap Rate
6.3%
5Y IRR
21.9%
10Y IRR
19.8%
Property Type-Detached
MLS® Number-T13742852
Beds-2
Bathrooms-2
Size-1100-1500 sqft
Lot Size-39.86 × 99.65 ft
Listed on site-Sep 3, 2026
Style-1 1/2 Storey
Building Type-Detached
Age-51-99
Taxes-$2,111.11 (2026)
Parking-3 - None
Basement-Unfinished
Heating-Forced Air (Gas)
Brokerage-ROYAL LEPAGE NORTHERN GOLD REALTY
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-South
Exterior-Brick, Metal/Steel Siding
Roof-Asphalt Shingle
Foundation-Unknown
Sewer-Sewer
Possession-TBD
Neighbourhood-Kirkland Lake
Title-Residential Freehold

No agent assigned

This unique offering presents two homes for the price of one, creating an exceptional opportunity for multi-generational living or rental potential. The first home is a beautifully remodeled two-bedroom, two-bath residence, where the main level boasts an open-concept kitchen, living, and dining area, along with a spacious master bedroom featuring a walk-in closet and a luxurious four-piece bath with a jetted tub. Upstairs, a large loft area-easily transformed into two bedrooms-accompanies a three-piece bath with a soaking tub. The second home is a charming three-bedroom, one-and-a-half-bath residence with a comfortable living room and kitchen. Outdoors, both homes enjoy a paved driveway with parking for three, and the fully fenced yard provides privacy and space. Don't miss this rare dual-home gem!

$
$
%
%
$
$
$
(utilities, internet...)
$
%
%

Closing Costs

Mortgage Amount
$199,200
Land Transfer Taxes$2,215
Legal Fees (Est.)
$
Total cash required for closing$53,515

Total Monthly Obligation

$1,555/mo
Mortgage $1,004
Monthly Loss $1,291
Principal$264
Interest$740
Property Tax$176
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
4.5%32
Cash-on-Cash
-1.6%5
5-Year IRR
14.6%69
10-Year IRR
14.4%
Returns Index
36.0/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
29/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$19,800/yr
NOI
$11,209/yr
Net Cash Flow
-$70/mo
Cash Margin
-4.3%2
Cash Flow Index
2.1/ 100
Risk Profile
Weight: 20%
DSCR
0.9322
LTV Ratio
80.0%18
Vacancy Buffer
6.1 mo92
Risk Index
44.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 109 Poplar Avenue

Time

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Data last updated within the past 24 hours.