$199,900

For sale

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147 Essa Avenue South, Timmins (SP - Main Area) - Single Family for Sale

147 Essa Avenue South, Timmins (SP - Main Area), Ontario, P0N1H0

2 beds2 baths3 parking ft²

134 Bloor Avenue, Timmins (SP - Main Area), Ontario, P0N1H0

3 bd2 ba3 pk1,300 ft²Lot size 50 × 80 ft (3,985 sq ft)

Listed by REVEL REALTY INC.

Investment analysis

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$199,900

Timmins

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Overview

This 2-bedroom, 2-bathroom home in Timmins is for sale offering roughly 350 sq ft of space. Listed at $199,900, it is attractively priced about 26% below the $269,900 median asking price in Timmins. It has been on the market 12 days, fresher than the Timmins average of 39 days.

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Description

Perfect for first-time buyers or those looking to downsize, this inviting 1+1 bedroom, 2-bathroom home is situated in a quiet, desirable location close to walking trails and Porcupine Lake. Featuring central air, all appliances included, and a 14x24 detached garage offering plenty of space for parking or storage, this property is a great opportunity to get into the market. Enjoy the peaceful surroundings while remaining close to outdoor recreation and amenities. Immediate possession available! (id:66096)

Property Details

MLS®: T14110016
Property Type: Single Family
Zoning: NA-R2
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 2
Parking: 3
Interior Size: 350 ft²
Lot Size: 50 × 100 ft (5,000 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $2,507/yr
Listed: 12 days ago

Rooms

Main level

Foyer: 1.92 x 1.83 meters
Family room: 4.63 x 2.71 meters
Kitchen: 4.63 x 2.96 meters
Primary Bedroom: 3.81 x 3.48 meters

Basement

Bedroom 2: 3.99 x 2.99 meters
Recreational, Games room: 5.52 x 4.42 meters
Laundry room: 3.41 x 1.62 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Stove, Dryer, Freezer, Blinds, Window Coverings, Water Heater
Foundation: Block
Exterior: Vinyl siding

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

12d

Timmins (SP - Main Area) listings, avg age

39d

Price / ft²

$572

List price

$200K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Area context

Neighbourhood profile (P0N)

This home lists at $199,900, about 2.2× the local median household income of $90,000.

Carrying it typically needs a household income of about $39,047 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $90,000
Population: 9,435
Median age: 40
Owner / renter: 77% / 23%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P0N)

$199,900· $572/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $9,995

Min 5%50%

Mortgage payment$1,053/mo

↳ CMHC premium ($7,596 capitalized)

Property tax (est.)$209/mo

Total monthly$1,262

Cash Needed to Close

Down payment (5%)$9,995

Land transfer tax$1,724

Est. closing costs$3,100

Total cash needed$14,819

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147 Essa Avenue South, Timmins (SP - Main Area) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

Nearby Places

Neighbourhood profile (P0N)

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Full Cost Breakdown