7 Federal Street

About This Home
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. The upstairs & lower front units are vacant. 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 experiences potential substantial growth in the very near future. (Water is metered monthly: June 2026 $142.34)
Property Information
Building Details
Features & Amenities
Financials & Fees
Inclusions & Exclusions
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.
Possibility of negotiating some of the remaining furniture main level front unit & upper level unit with an accepted offer. UNIT 2 (rear main level rented unit) All belongings within this unit with the exception of the appliances & dishwasher
Location
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View MoreSource: Toronto Regional Real Estate Board (TRREB), via PropTx Innovations Inc.
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