Added 1 month ago
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Type: Fourplex
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Style: 2-Storey
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Size: 2000 sqft
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Lot Size: 53 x 80 Feet
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Age: 31-50 years
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Taxes: $5,100 per year
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Days on Site: 3 Days
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Added: Nov 04, 2024 (1 month ago)
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Updated:
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Last Checked: 3 hours ago
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MLS®#: T10406477
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Listed By: Realty networks inc.
Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream
Extras
MPAC 324, Total Sq.Footage 2200, Hydro Tenants, Heat $1140 /12mths, Water-Sewer $4356 / year. This property has central air. The property has gas heat and electric baseboards. The Natural gas fire place is not working.
Upcoming Open Houses
We do not have information on any open houses currently scheduled.
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Property
Status: Sale
Property Type: Fourplex
Style: 2-Storey
Size (sq ft): 2000
Age: 31-50
Area: Timmins
Community: Timmins South - West
Inside
Bedrooms: 6
Bathrooms: 1
Kitchens: 4
Rooms: 6
Den/Family Room: No
Air Conditioning: None
Fireplace: Yes
Washrooms: 1
Utilities
Electricity: Yes
Gas: Yes
Cable: Yes
Telephone: Yes
Building
Basement: Part Fin
Heat Type: Forced Air
Heat Source: Gas
Exterior: Stucco/Plaster
Energy Certificate: N
Green Verification Status: N
Water Supply: Municipal
Special Designation: Other
Retirement: N
Parking
Driveway: Private
Garage Type: None
Covered Parking Spaces: 4
Total Parking Spaces: 4
Fees
Tax Year: 2023
Tax Legal Description: PCL 3594 SEC SEC SRO; PT LT 19 PL M48T MOUNTJOY; PT LT 20 PL M48
Taxes: $5,100
Land
Cross Street: Off Middleton
Municipality District: Timmins
Fronting On: West
Parcel Number: 654221171
Parcel of Tied Land: N
Pool: None
Sewer: Sewers
Lot Depth: 80 Feet
Lot Frontage: 53 Feet
Acres: < .50
Zoning: NA-R3
Very Walkable
- Most errands can be accomplished on foot.
Very Bikeable
- Most errands can be accomplished on bike.
École catholique St-Charles
Elementary: CatholicÉcole catholique St-Gérard
Elementary: CatholicÉcole catholique Jacques-Cartier (Timmins)
Elementary: CatholicSacred Heart School
Elementary: CatholicR Ross Beattie Senior Public School
Elementary: PublicTimmins Centennial Public School
Elementary: PublicNCDSB Access Center Secondary School
Secondary: CatholicPACE Alternative & Continuing Education
Secondary: PublicÉcole secondaire Cochrane
Secondary: PublicO'Gorman High School
Secondary: CatholicÉcole secondaire catholique Theriault
Secondary: CatholicTimmins High and Vocational School
Secondary: Public-
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