Button CopyPathCircle CloseCircle Left ArrowArrow Down Icon GreyClosecirclecircleBurger
Royal LePage
Royal LePage
Image 1
Image 2
Image 3
$375,000

126 SEVENTH AVENUE, Timmins (TNE - Central), Ontario, P4N 5N9

MLS® # T12766692

Timmins (Tne - Central) ON, P4N 5N9

MLS® # T12766692

Property Information:

This 5-plex is in very good condition and features a unit mix of two 2-bedroom units, two 1-bedroom units, and one bachelor unit. Current monthly rents for the occupied units are $1,500, $950, $717.50, and $691.88. The basement 2-bed unit is currently vacant and requires renovations. Once renovated, it has the potential market rent of $1,500/month. This property offers a projected 10.09% Cap Rate. This return factors in the basement's potential income and accounts for an 8% property management fee, 5% vacancy allowance, and 5% for maintenance/repairs, alongside all annual taxes, insurance, and utilities.This property is being sold "as-is". Come and have a look! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 1500 - 2000 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Radiant heat
  • Heating Fuel: Natural gas
  • Cooling Type: None
  • Appliances: Stove, Refrigerator

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4+2
  • Bathrooms: 5
  • Floor Space (approx): 1500 - 2000 Square Feet
  • Irregular: Yes
  • Lot Depth: 52 Feet
  • Lot Frontage: 30 Feet
  • Lot Size: 30 x 52 FT
  • Utility Type: Hydro - Installed, Sewer - Installed, Cable - Available
  • Zoning: NA-R3
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 3

REALTOR.ca  

More Detail
Less Detail

⚠ Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 126 SEVENTH AVENUE, Timmins (TNE - Central), Ontario, P4N 5N9

Demographic Information of 126 SEVENTH AVENUE, Timmins (TNE - Central), Ontario, P4N 5N9

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$136,185.61

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.56 %

High school certificate or equivalent

29.73 %

Apprenticeship trade certificate/diploma

5.48 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

1.64 %

University Degree

12.76 %

Commuter

Travel To Work

By Car

78.08 %

By Public Transit

3.35 %

By Walking

12.58 %

By Bicycle

0.0 %

By Other Methods

5.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.44 %

Houses

72.56 %

Own Vs. Rent

More Detail
Less Detail