For Sale - 44 Koval Street, Pickle Lake, Ontario

Est payment $9,172/mo
Views   3
Time on Jump  15 day
  • Opportunity to own a 23-unit multifamily property on 2.84 acres.
  • Mix of 11 one-bedroom and 12 two-bedroom rental units available.
  • Potential for additional income with garage and storage space conversions.
  • Located in a community with year-round access and vital services.
  • Great outdoor recreation opportunities with fishing and hunting nearby.



44 koval street offers the opportunity to acquire a 23-unit multifamily property situated on a large 2. 84-acre site in pickle lake, ontario. The property features a practical suite mix of 11 one-bedroom units and 12 two-bedroom units, providing rental housing in a northern market with limited supply. One unit is currently being used as storage space and may be converted back to a rentable residential suite. The property also includes a 12-car garage, providing additional flexibility and ancillary income potential. Two bays have been converted to office space, while additional bays are being converted to storage units currently under construction. The storage program has the potential to expand to approximately 20 units in total, while still preserving flexibility for future ownership to rent garage spaces directly. Pickle lake is ontario's northernmost community with year-round, all-weather road access and functions as an important northern service, transportation, airport cargo, and supply hub. The community supports surrounding remote northern communities, winter road activity, resource-related operations, and access to the ring of fire region. Pickle lake is also well known for fishing, hunting, and outdoor recreation, reinforcing its role as both a residential community and a gateway to northern ontario's wilderness.
Listing IDX13445348
Address44 Koval Street
CityPickle Lake, Ontario
Price$1,910,000
StyleInvestment
Land Size2.84
TypeIndustrial/Commercial
StatusFor Sale
Subtype InvestmentBasement 1Heating / Cooling RadiantSewer Sanitary
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Listing Agency:  COLLIERS

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44 Koval Street
Pickle Lake , Ontario
$1,910,000
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