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Investment Opportunity Triplex with Commercial Zoning! This unique triplex offers an excellent investment opportunity with two properties on one lot, generating strong rental income and providing commercial zoning for added flexibility. Property Details: Two-Bedroom Unit Currently rented for $1,100/month One-Bedroom Unit Currently rented for $900/month Back House Currently rented for $1,095/month Additional Features: Three hydro meters, allowing tenants to pay their own electricity in the future Two gas meters for efficient utility management Fully tenanted, ensuring immediate cash flow Commercial zoning, offering long-term potential for business use or redevelopment This is a turnkey investment with stable rental income and the potential for increased revenue. Whether you're an investor looking to expand your portfolio or seeking a property with future commercial possibilities, this triplex is a rare find.
City: Timmins
Neighborhood: TS - SW
Purchase Price | $199900 |
Down Payment | $39980 |
Mortgage Insurance | $0 |
Total Mortgage | $159920 |
Mortgage Payment | $985 |
Property Taxes | $214 |
Maintenance Fees | $0 |
Monthly Payment | $1200 |
Located at 95 Algonquin Blvd W , this Timmins house is available for sale. This property was listed for $199,900 on Tue Apr 01 2025. This house's size is 1500-2000 Sqft. It has 7 bedrooms and 3 bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 3 parking spots. 95 Algonquin Blvd W, Timmins is situated in the TS - SW neighbourhood.
MLS#: T12054587 · $199,900 · 7 bedroom house in TS - SW, Timmins