$399,900

Investment For Sale In Timmins (TM - TNW - Algonquin to Jubilee), Ontario

$399,900

Property Information:

Woah!- Tremendous opportunities with this large renovated triplex in such a prime location. You'll be surprised with what it offers including exceptional space, flexibility, and great income potential. This property features a detached garage, a wealth of parking, massive partially fenced backyard with the creek flowing beautifully to finish it off. That goes without saying you've got your very own fountain pond, an above-ground pool, with a custom gorgeous wrap-around deck, creating a rare outdoor oasis for a multi-unit property. The main owner's unit spans three full levels and includes two immense bedrooms, (potential for a third) three bathrooms, google nest thermostat and a walk-out patio, providing a private and comfortable living space ideal for an owner-occupant or premium rental. The upper-level one-bedroom apartment is currently rented for $950 per month, generating steady income. The third unit, a main-floor one-bedroom apartment, is currently rented for $900 per month, adding additional assets. This property is well suited for investors or buyers looking to live in one unit while having their mortgage substantially offset by rental income, all while enjoying a resort-style backyard rarely found in multi-unit properties, in town. Mpac code 333, Monthly gas $211, yearly hydro $2456, water $1669.98 and sewer $1,999.44 (id:27)

Building Features:

  • Style: Triplex
  • Building Type: Triplex
  • Basement Development: Finished
  • Basement Type: N/A
  • Exterior Finish: Vinyl siding
  • Floor Space: 2000 - 2500 sqft
  • Foundation Type: Concrete
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Central air conditioning

Property Features:

  • Property Type: Multi-family
  • Bedrooms: 4
  • Bathrooms: 5
  • Half Bathrooms: 1
  • Features: Irregular lot size
  • Floor Space (approx): 2000 - 2500 Square Feet
  • Irregular: Yes
  • Lot Depth: 150 Feet
  • Lot Frontage: 68.2 Feet
  • Lot Size: 68.3 x 150 FT
  • Pool Type: Above ground pool
  • Utility Type: Sewer - Installed, Hydro - Installed, Cable - Available
  • Zoning: NA-R3, RD-HAZ
  • Sewer: Sanitary sewer
  • Parking Type: Detached garage, Garage
  • No. of Parking Spaces: 8

Courtesy of: REALTY NETWORKS INC.

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This listing content provided by REALTOR.ca has been licensed by REALTOR® members of The Canadian Real Estate Association.