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3 Lake Street

3 Lake Street

Killaloe, Hagarty and Richards, ON

0.3 sqft • Investment • 176 days on market

$700,000

Great opportunity! Updated and renovated 3 storey building. This rooming/boarding house features 11 boarding rooms, 1 bachelor unit, 2 - 1 bedroom units and 1 - 3 bedroom unit. All major renovations have been completed within the last 15 years, shingles, siding, windows, dry-wall, electrical, propane gas boilers-heating system. Ample storage space in the basement, as well as a work shop. All apartments have a full kitchen and a full bathroom. 3 apartments are located on main floor, the 3 bedroom apartment and 2 boarding rooms on second level and third floor, 9 boarding rooms, 2 full bathrooms and large kitchen/dining area (shared by the boarding room tenants). This could be your new venture or a semi-retirement project.

Listing Details

Taxes (2025)
$6,180
Listed
March 4, 2026

Price History

Property

Age
100+

Location & Legal

Cross Street
Queen Street
Zoning
Commercial, Rooming/Boarding House
Parcel Number
575220312
Possession
Flexible

Commercial

Occupancy
Tenant

Included

Rental Items
Propane Tanks

Community

Postal area K0J

Population
34,322
Private dwellings
19,885
Median age
52.4
Average household size
2.3
Median household income
$76,000

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.

Local market

Commercial in Killaloe, Hagarty and Richards · last 12 months

Median sold price
$375,000
Homes sold
39
Median days on market
40
Sale-to-list price
94.0%

Based on 39 recorded sales of commercial properties in Killaloe, Hagarty and Richards over the last 12 months.

Listed by

SIGNATURE TEAM REALTY LTD.

Location

Commercial figures

Annual property tax
$6,180

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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