202 Balsam Street, Timmins, ON Image 1

$229,900

Duplex For Sale
MLS - #T12067794
Apr 7- By REALTY NETWORKS INC.

202 Balsam Street, Timmins, ON P4N 2E4

2 Bed
2 Bath
1100-1500 Sqft.
None Garage

Property Description

Property type

Duplex

Lot size

.50-1.99

Style

1 1/2 Storey

Approx. Area

1100-1500 Sqft

About 202 Balsam Street

Excellent Investment Opportunity Vacant Duplex with Strong Rental Potential! If youre looking to break into the real estate investment market, look no further. This duplex offers immediate income potential with both units vacant upon closing perfect for setting your own rents or moving in while renting out the other unit. The main floor unit features a spacious 2-bedroom layout, ideal for small families or working professionals, while the upper unit offers a cozy and bright 1-bedroom apartment. Both units share convenient on-site laundry. Additional perks include parking for up to four vehicles, making it attractive for tenants with multiple cars or guests. Projected market rents are strong, with the 2-bedroom unit estimated at $1,500$1,600/month all-inclusive, and the 1-bedroom unit at $1,100/month all-inclusive. Whether you're an investor or a homeowner looking to offset your mortgage, this property checks all the boxes.

Home Overview

Last updated

Apr 7

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Duplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Unfinished
Cooling:None
Heating:Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
22990000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 202 Balsam Street

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$878.06/ month
$183,920 Principal and Interest

Some information about this property - Balsam Street

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