84 Main Street, Timmins, ON P0N 1H0

Timmins P0N 1H0 Ontario

MLS: T12091454

$459,000

Added 7 days ago | For Sale

Listed by: ALLOWAY PROPERTY GROUP LTD.

About Property

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, fueled 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! *13% IRR*

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 50 X 112.57
  • Water:Municipal
  • Garage Spaces: /None
  • Driveway:
  • Heating Fuel:
  • Cross Street:Main St. and Shamrock Ave
  • Basement: ,
  • Possession Date:TBA
  • Annual Property taxes: $6257
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Baseboard
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:T12091454

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
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