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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
One (1) Hot Water Tank
City: Timmins
Neighborhood: TNE - Central
Purchase Price | $494900 |
Down Payment | $98980 |
Mortgage Insurance | $0 |
Total Mortgage | $395920 |
Mortgage Payment | $2440 |
Property Taxes | $372 |
Maintenance Fees | $0 |
Monthly Payment | $2812 |
Located at 245 Cedar St N , this Timmins house is available for sale. This property was listed for $494,900 on Wed May 28 2025. This house's size is 3000-3500 Sqft. It has 8 bedrooms and 4 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 245 Cedar St N, Timmins is situated in the TNE - Central neighbourhood.
MLS#: T12172626 · $494,900 · 8 bedroom house in TNE - Central, Timmins