TS - SW Real Estate for Sale

5 Listings
373 Commercial Avenue, Timmins
4
BEDS
3
BATHS
$364,900
FOR SALE
Endless possibilities await in this massive 3,696 sq/ft. home situated on a 40 x 100 ft. lot. Whether you're an investor, renovator, or visionary buyer, this property is a blank canvas ready to be transformed. Homes with this much space and potential are rare-seize the opportunity to make it your own.
48 Cameron Street, Timmins
3
BEDS
3
BATHS
$150,000
FOR SALE
Come and see this cozy house that is close to everything. House has been renovated in many areas including shingles and interior work. This home is priced right for first time buyers looking for their first home. The main floor consists of 1 large primary bedroom, good size living room and kitchen. basement is partly finished with washer and dryer. On the second floor are 2 more good sized bedrooms and a 2pc bathroom.
181 Preston Street, Timmins
6
BEDS
5
BATHS
$399,900
FOR SALE
This legal four-plex is located in a strong, desirable neighborhood extremely close to the newly constructed Francophone Health Centre, making it an ideal long-term investment with stable tenant demand. The property is fully income producing and offers a solid revenue stream with excellent upside. The building consists of four self-contained units with a strong rental mix. The current rental income totals $4,850 per month or $58,200 annually. The main unit at 181 Preston rents for $2,000 per month plus utilities. Unit A at 147 Middleton rents for $850 per month plus utilities. Unit C at 147 Middleton rents for $880 per month with the owner paying hydro. Unit D at 147 Middleton rents for $1,120 per month plus hydro. Operating costs are well managed. Water and sewer are approximately $4,824 annually, property taxes are $5,592 per year, Reliance hot water rental is $759.24 per year, insurance is $2,959.20 annually, and hydro for one unit is approximately $1,260 per year, for total operating expenses of $16,654.44 annually. This produces a net operating income of approximately $41,545.56 per year. Based on an asking price of $399,900, the property delivers an approximate 10.4% cap rate, making this an exceptionally strong cash-flowing investment. This is a rare opportunity to acquire a legal four-plex in a prime location with proven income, excellent tenant demand, and outstanding investment fundamentals. MPAC 324, Total Sq.Footage 2200, Hydro Tenants, Heat $1140 /12mths, Water-Sewer $4356 / year.
54 Windsor Avenue, Timmins
2+3
BEDS
3
BATHS
$289,900
FOR SALE
This well-maintained property offers three bright and inviting units - two functional 1-bedroom apartments on the main floor, and a spacious 3-bedroom unit on the lower level, perfect for a larger family or owner occupancy. Each unit has its own hydro meter, making utility management simple and efficient. The home sits on a good-sized lot with a fenced yard and a 12x16 shed for extra storage. Updates include a roof (2014) and a boiler (approx. 10 years old), providing peace of mind for years to come. With ample parking and solid rental potential, this triplex is a great addition to any investor's portfolio or an ideal option for live-in owners seeking income support.
89 Way Avenue, Timmins
4
BEDS
3
BATHS
$259,900
FOR SALE
SUPER DUPLEX with an excellent tenant that you want to KEEP forever! Side by side 2 bedroom units with main floor laundry in each. Large open concept, updated flooring, separate hydro meters, both have entrance porches for easy entry and plenty of room for coats and more! Basement access only in 89 Way Unit perfect for storage. Beautiful backyard with two sheds. Buy and hold, INVEST in the BEST today!!
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