
Listed by RE/MAX NORTHWEST REALTY LTD..
$1,910,000
Pickle Lake, ON P0V 3A0
The listing does not state a bedroom count.
The listing does not state a bathroom count.
The listing does not say whether there is a second dwelling unit here. Other records in this set state it either way, so this is a silence rather than a no.
Counts and measurements as the listing states them, not verified by us. Source: MLS
Three parties produce a dollar figure for this house, for three different purposes, so they do not agree and were never meant to. The gaps are worked out here rather than left for you to hold in your head.
Our estimate: Not shown: our current listing agreement does not licence this figure for display.
Modelled from comparable sales by the explorer further down this page. Change the comparables there and this number moves, which is the reason it is shown at all.
Nothing of this kind on the record, and nothing here fills it in from an average of other houses.
The figure property tax is apportioned from, valued as of a date that is not today. It is not a market value and no lender treats it as one.
None of these is an appraisal. Your lender orders one of those once an offer is accepted, and it is the figure that decides how much they will actually lend.
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 generates a Year 1 net operating income of approximately $135,752, representing an attractive 7.1% cap rate at the current asking price. 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. The property includes a 12-car garage that provides a meaningful value-add opportunity. Two bays have been converted into office space, while additional bays are currently being converted into storage units. The storage program has the potential to expand to 25 units. The completed storage program could generate an estimated $30,000 in additional annual revenue. This and other adjustments to the revenue stream have the potential to push the cap rate over 10% in the first 5 years, making it a very attractive investment opportunity. 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.
Written by the listing brokerage to sell the house. Nothing in it is verified, so take its claims about condition to an inspection, not from it.
Our estimate for this listing is not shown here
Not shown: our current listing agreement does not licence this figure for display.
The estimate is built by weighing recent comparable sales, and sold comparables for a specific property are licensed to registered users only. It is withheld rather than approximated: an estimate with the sales taken out of it would be a number with nothing behind it.
This listing's price and status history is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Prior asking prices, terminations and relists are licensed to registered users only, and there are no accounts on Nest 360 yet. Nothing here should be read as evidence that the current price is the only price this house has been offered at.
1 years, from $19,150 in 2026 to $19,150 in 2026.
Neighbourhood market statistics is not shown here
Not shown: our current listing agreement does not licence this figure for display.
Medians, sale-to-list ratios and absorption are computed from sold prices, and they are licensed to registered users only. There is no approximate version of a median that would be honest to show in their place.
Figures such as 4.79% sample rates and estimates are illustrative only. Verify all details with a licensed professional before making an offer.

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