Thursday, August 6th, 2026

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$1,910,000
Available - For Sale
Listing ID: X13445348
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.
Price $1,910,000
Taxes: $19,149.62
Tax Type: Annual
Occupancy by: Tenant
Address: 44 Koval Street South , Pickle Lake, P0V 3A0, Kenora
Postal Code: P0V 3A0
Province/State: Kenora
Legal Description: PCL 6910 SEC DPF; PT MINING CLAIM PA3413
Directions/Cross Streets: Koval St & Lakeview Cres
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Apartment
Use: Apts - Over 20 Units
Building Percentage: T
Total Area: 2.84
Total Area Code:  Acres
Maintenance: 0
Sprinklers: No
Heat Type: Radiant
Central Air Conditioning: No
Sewers: Sanitary
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COLLIERS

44 Koval Street South , Pickle Lake, P0V 3A0, Kenora

Evelina Branitsky
Sales Representative
Dir:
647.888.9606
Bus:
416.739.7200
Fax:
416.739.9367

 
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At a Glance:
Type: Com - Investment
Area: Kenora
Municipality: Pickle Lake
Neighbourhood: Dufferin Grove
Style:
Lot Size: x 382.91(Feet)
Approximate Age:
Tax: $19,149.62
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Evelina Branitsky Sales Representative pic ebranitsky@rogers.com Sutton Group- Admiral Realty Inc., Brokerage Independently owned and operated. pic 1881 Steeles Avenue West, Toronto, Ontario M3H5Y4 pic Dir: 647.888.9606 | Office: 416.739.7200 | Fax: 416.739.9367 Personal Pic

ebranitsky@rogers.com