84 Main Street, Timmins, ON Image 1

$399,000

$459,000
13.1% dropped

Last price change Jun 1

Investment For Sale
MLS - #T12091454
Jun 1- By ALLOWAY PROPERTY GROUP LTD.

84 Main Street, Timmins, ON P0N 1H0

Bed
Bath
5628.5 Sqft.
None Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

5628.5 Sqft

About 84 Main Street

Exceptional 6-plex investment opportunity at 84 Main Street, Timmins. Detached two-storey multi-residential building featuring six units. Perfectly situated at the intersection of Main and Shamrock, the property provides tenants with convenient access to local amenities, public services, and all the essentials of downtown living. Spanning approximately 5,628 square feet, this freestanding structure offers a blend of functionality and character, ensuing both tenant satisfaction and investor appeal. The building is designed with practical features that enhance its utility and ease of management. An enclosed rear porch provides access to the basement, while a wooden exterior staircase ensures easy entry to the second floor. The side gravel parking lot accommodates parking for all suites. Timmins is a community on the rise, fuelled by a dynamic economic landscape and growing real estate market. Recent data highlights a surge in residential sales and increasing property values, a testament to the city's thriving development. Efforts to expand housing options and address supply challenges have positioned Timmins as an attractive destination for investors and residents alike. From a vibrant downtown core to the scenic beauty of Northern Ontario, the city combines opportunity with quality of life, making it an ideal place to invest. Excellent CAP RATE!

Home Overview

Last updated

Jun 1

Virtual tour

None

Basement information

Building size

5628.5

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
39900000.0%
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 84 Main 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$1523.91/ month

Some information about this property - Main Street

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