455 Fourth Ave
Matheson, Black River-Matheson
$475,900
Buy with Dwelly and Save $4,759
Home Details
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Listing Description
Investors Dream Turnkey Duplex with Positive Cash Flow Located in the heart of Matheson (near Timmins), ON. Appraised Higher Than Asking. It is fully rebuilt and beautifully renovated duplex with long-term value. This property features 2 fully separate and city-approved 2-bedroom units, currently leased for $7,800/month to a reputable paving company providing reliable, high-yield rental income. Fully Furnished: Includes TVs, beds, cutlery, furniture. All New Features: Walls, Spray-Form Insulation, Flooring (durable, high quality, water-heater), and Roofing. Stainless steel appliances in 2 separate Kitchens. New washer & dryer (shared laundry in basement). New windows and doors. Large Lot with potential for future expansion of additional rental units. Utilities included! Steps from Black River. Minutes from Bingham Memorial Hospital. Optional Property Maintenance Services by Seller. This is a hassle-free, income-generating property in a prime location. A rare turnkey opportunity in a high-demand rental area, ideal for corporate housing or long-term investment.
City: Black River-Matheson
Neighborhood: Matheson
Property History
Rooms
Room dimensions for 455 Fourth Ave, Black River-Matheson
Market Trends and Insights
Mortgage Calculator
Your estimated monthly payment for 455 Fourth Ave is 2554
Price
$Rate
%Ammortization
Down Payment
$Total Mortgage
| Purchase Price | $475900 |
| Down Payment | $95180 |
| Mortgage Insurance | $0 |
| Total Mortgage | $380720 |
Monthly Payment
| Mortgage Payment | $2346 |
| Property Taxes | $208 |
| Maintenance Fees | $0 |
| Monthly Payment | $2554 |
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About 455 Fourth Ave, Black River-Matheson
Located at 455 Fourth Ave , this Black River-Matheson house is available for sale. This property was listed for $475,900 on Tue Jul 22 2025. This house's size is 1500-2000 Sqft. It has 4 bedrooms and 2 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 4 parking spots. 455 Fourth Ave, Black River-Matheson is situated in the Matheson neighbourhood.
MLS#: T12298416 · $475,900 · 4 bedroom house in Matheson, Black River-Matheson