$279,000

For saleJust listed

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514 Martin Avenue, Timmins (TNW - Riverpark) - Single Family for Sale

514 Martin Avenue, Timmins (TNW - Riverpark), Ontario, P4P1A4

4 beds2 baths parking

909 Denise Street, Timmins (TNW - Riverpark), Ontario, P4P1A7

4 bd2 ba2 pk900 ft²Lot size 31 × 98 ft (2,989 sq ft)

Listed by EXP REALTY OF CANADA INC.

777 Airport Road, Timmins (TNW - Riverpark), Ontario, P4P0A5

For salePrice drop

21 days ago

$800K$950K

↓ $150K (16%) price drop

777 Airport Road, Timmins (TNW - Riverpark), Ontario, P4P0A5

5 bd2 ba13 pk2,250 ft²

Listed by REVEL REALTY INC.

Investment analysis

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$279,000

Timmins

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Overview

This 4-bedroom, 2-bathroom home in Timmins is for sale offering roughly 900 sq ft of space. Its $279,000 asking price sits right in line with the $279,000 median in Timmins. It has been on the market 1 day, fresher than the Timmins average of 10 days.

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

Description

This 3+1 bedroom semi-detached home offers 1.5 bathrooms, a functional layout, and many updates throughout. With plenty of living space and an additional bedroom in the basement, this property is a great opportunity for first-time buyers, families, or investors. (id:66096)

Property Details

MLS®: T14146074
Property Type: Single Family
Zoning: NA R2
Bedrooms: 4
Beds (above / below): 3 above · 1 below
Bathrooms: 2
Half Baths: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 30 × 110 ft (3,300 sq ft)
Frontage: 30 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Forced air, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,203.09/yr
Listed: Yesterday

Rooms

Main level

Living room: 4.86 x 4.12 meters
Kitchen: 4.86 x 3.07 meters
Primary Bedroom: 4.42 x 2.91 meters
Bedroom 2: 2.83 x 2.6 meters
Bedroom 3: 3.78 x 2.88 meters
Bathroom: 2.74 x 1.37 meters

Basement

Utility room: 4.33 x 1.89 meters
Recreational, Games room: 4.5 x 3.6 meters
Bedroom 4: 5.74 x 3.3 meters
Laundry room: 2.05 x 4.74 meters

Second level

Workshop: 4.44 x 2.01 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 (TNW - Riverpark) listings, avg age

10d

Price / ft²

$310

List price

$279K

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 (P4P)

This home lists at $279,000, about 2.8× the local median household income of $101,000.

Carrying it typically needs a household income of about $54,498 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $101,000
Population: 3,232
Median age: 41.2
Owner / renter: 68% / 32%
Avg. household size: 2.4

Source: Statistics Canada, 2021 Census (FSA P4P)

$279,000· $310/ft²

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Full Cost Breakdown

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Down Payment5% · $13,950

Min 5%50%

Mortgage payment$1,469/mo

↳ CMHC premium ($10,602 capitalized)

Property tax (est.)$267/mo

Total monthly$1,736

Cash Needed to Close

Down payment (5%)$13,950

Land transfer tax$2,660

Est. closing costs$3,337

Total cash needed$19,947

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

514 Martin Avenue, Timmins (TNW - Riverpark) - Single Family for Sale

Rental cashflow calculator

Description

Property Details

Rooms

Features

Services

Market Timing

Location

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Neighbourhood profile (P4P)

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