245 Cedar Street, Timmins, ON Image 1

$459,900

$494,900
7.1% dropped

Last price change Jun 9

Fourplex For Sale
MLS - #T12172626
Jun 9- By EXP REALTY OF CANADA INC.

245 Cedar Street, Timmins, ON P4N 6J5

9 Bed
4 Bath
3000-3500 Sqft.
None Garage

Property Description

Property type

Fourplex

Lot size

N/A

Style

2-Storey

Approx. Area

3000-3500 Sqft

About 245 Cedar Street

This turn key investment has two buildings on one lot, each building has 2 apartments, the front house has 1 x 2 BR , 1 X 3 BR, and the back house 2 x 2 BR units, the main floor apartments have access to the laundry room in the basement, the front house as newly replaced boiler system. The property has a detached garage and a shed. The property takes in $59,330 (2025 projection) in gross rents annually. Large main unit with 3+1 bedroom and full basement. Extra storage in the detached garage. Centrally located - close to schools, parks and churches. Updates: front house (corner building) shingles - 2021; and gas forced air furnace - 2018 and a newly replaced boiler heating system. One hot water tank is owned, two hot water tanks are rented. See Realtor Remarks for Rent Roll

Home Overview

Last updated

Jun 9

Virtual tour

None

Basement information

Unfinished

Building size

--

Status

In-Active

Property sub type

Fourplex

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
45990000.0%
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 245 Cedar Street

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$1756.51/ month

Some information about this property - Cedar Street

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