201-203 Balsam Street, Timmins (TS - SE), Ontario, P4N2E3


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$405,000
Timmins
This multi-family property in Timmins is for sale.
Investment Opportunity! This 6-unit income property is an excellent addition to any investor's portfolio. Featuring 4 tenant-occupied units and 2 vacant units, this property offers both immediate income and future growth potential. Conveniently located close to local amenities, transit, shopping, and services, tenants will enjoy easy access to everything they need. Property is being sold "as-is". (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 167 days on market, against an average age of 81 days across the listings currently for sale in this city
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 103.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 6-bed multi-family in Timmins (TS - SE) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $405,000, about 5.5× the local median household income of $73,500.
Carrying it typically needs a household income of about $79,111 (20% down, 25-yr amortization, stress-tested) — roughly 8% above the area median.
Source: Statistics Canada, 2021 Census (FSA P4N)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice