$240,000

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256 Sixth Avenue, Timmins (TNE - Hill District) - Single Family for Sale

256 Sixth Avenue, Timmins (TNE - Hill District), Ontario, P4N5M9

4 beds2 baths parking

403 Patricia Boulevard, Timmins (TNE - Hill District), Ontario, P4N6Y7

3 bd2 ba2 pk1,300 ft²Lot size 68 × 101 ft (6,818 sq ft)

Listed by REVEL REALTY INC.

81 Hemlock Street, Timmins (TNE - Hill District), Ontario, P4N6S4

For sale

28 days ago

$360K

81 Hemlock Street, Timmins (TNE - Hill District), Ontario, P4N6S4

3 bd2 ba2 pk1,750 ft²Lot size 30 × 100 ft (3,000 sq ft)

Listed by REALTY NETWORKS INC.

231 Cherry Street, Timmins (TNE - Hill District), Ontario, P4N6W3

For sale

50 days ago

$390K

231 Cherry Street, Timmins (TNE - Hill District), Ontario, P4N6W3

2 bd4 ba4 pk1,750 ft²Lot size 30 × 120 ft (3,600 sq ft)

Listed by REVEL REALTY INC.

Investment analysis

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$240,000

Timmins

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Overview

This 4-bedroom, 2-bathroom home in Timmins is for sale offering roughly 1,300 sq ft of space. Listed at $240,000, it is attractively priced about 33% below the $359,900 median asking price in Timmins. It has been on the market 1 day, fresher than the Timmins average of 20 days.

Houses for Sale in Timmins →All real estate in Timmins →

Description

Move-in ready and newly updated! This 3+1 bedroom, 2-bathroom home offers a fresh, inviting interior with plenty of space for the whole family. Enjoy a large, fully fenced yard with room to relax, entertain, or let the kids and pets play. With ample parking and numerous updates throughout, there's nothing left to do but move in and enjoy! (id:66096)

Property Details

MLS®: T14153640
Property Type: Single Family
Zoning: NA-R3
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Parking: 2
Interior Size: 1,300 ft²
Lot Size: 30 × 120 ft (3,600 sq ft)
Frontage: 30 ft
Storeys: 1
Basement: Unfinished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,224.78/yr
Listed: Yesterday

Rooms

Main level

Living room: 3.6 x 6.3 meters
Bedroom: 3.2 x 3.8 meters
Dining room: 4.5 x 2.9 meters
Kitchen: 2.9 x 4 meters
Bathroom: 2.8 x 2.9 meters

Second level

Bedroom: 2.9 x 3 meters
Bathroom: 2.3 x 3 meters
Loft: 3.6 x 3 meters

Basement

Bedroom: 2.5 x 3.2 meters

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

Market Timing

Days on market

Timmins (TNE - Hill District) listings, avg age

20d

Price / ft²

$185

List price

$240K

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.

Area context

Neighbourhood profile (P4N)

This home lists at $240,000, about 3.3× the local median household income of $73,500.

Carrying it typically needs a household income of about $46,880 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 24,098
Median age: 42.8
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P4N)

$240,000· $185/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $12,000

Min 5%50%

Mortgage payment$1,264/mo

↳ CMHC premium ($9,120 capitalized)

Property tax (est.)$269/mo

Total monthly$1,533

Cash Needed to Close

Down payment (5%)$12,000

Land transfer tax$2,125

Est. closing costs$3,220

Total cash needed$17,345

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

256 Sixth Avenue, Timmins (TNE - Hill District) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

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Neighbourhood profile (P4N)

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