427 Wilson Avenue, Timmins (TS - SW), Ontario, P4N2T9

For sale

16 days ago

$509K

427 Wilson Avenue, Timmins (TS - SW), Ontario, P4N2T9

6 bd4 ba4 pk2,250 ft²Lot size 40 × 100 ft (4,000 sq ft)

Listed by EXP REALTY OF CANADA INC.

103 Commercial Avenue, Timmins (TS - SW), Ontario, P4N2W9

For sale

19 days ago

$330K

103 Commercial Avenue, Timmins (TS - SW), Ontario, P4N2W9

4 bd3 ba3 pk1,300 ft²Lot size 33 × 100 ft (3,300 sq ft)

Listed by REVEL REALTY INC.

Investment analysis

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$279,900

Timmins

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$279,900

For saleJust listed

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54 Windsor Avenue, Timmins (TS - SW) - Multi-family for Sale

54 Windsor Avenue, Timmins (TS - SW), Ontario, P4N3A9

5 beds3 baths5 parking900 ft²40 × 99 ft (3,960 sq ft) lot sizeListed 5 days ago

Overview

This multi-family property in Timmins is for sale offering roughly 900 sq ft of space. It has been on the market 5 days, fresher than the Timmins average of 9 days.

Multi-Family Properties for Sale in Timmins →All real estate in Timmins →

Description

INVEST SMART. ONE PROPERTY, TRIPLE THE INCOME! This well-maintained property offers three bright and inviting units - two functional 1-bedroom apartments on the main floor, and a spacious 3-bedroom unit on the lower level, perfect for a larger family or owner occupancy. Each unit has its own hydro meter, making utility management simple and efficient. The home sits on a good-sized lot with a fenced yard and a 12x16 shed for extra storage. Updates include a roof (2014) and a boiler (approx. 10 years old), providing peace of mind for years to come. With ample parking and solid rental potential, this triplex is a great addition to any investor's portfolio or an ideal option for live-in owners seeking income support. (id:66096)

Property Details

MLS®: T14131304
Property Type: Multi-family
Zoning: NA-R3
Bedrooms: 5
Beds (above / below): 2 above · 3 below
Bathrooms: 3
Parking: 5
Interior Size: 900 ft²
Lot Size: 40 × 99 ft (3,960 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Finished, Full
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Property Tax: $3,149/yr
Listed: 5 days ago

Rooms

Main level

Bedroom: 2.51 x 3.96 meters
Kitchen: 2.45 x 3.06 meters
Living room: 3.18 x 4.15 meters
Kitchen: 2.45 x 3.06 meters
Bedroom: 2.51 x 3.45 meters
Living room: 3.69 x 4.27 meters

Basement

Bedroom 3: 2.71 x 2.74 meters
Kitchen: 3.47 x 3.8 meters
Living room: 3.33 x 4.05 meters
Bedroom: 3.32 x 3.33 meters
Bedroom 2: 2.9 x 4.54 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 (TS - SW) listings, avg age

Price / ft²

$311

List price

$280K

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 $279,900, about 3.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $54,674 (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)

$279,900· $311/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $13,995

Min 5%50%

Mortgage payment$1,474/mo

↳ CMHC premium ($10,636 capitalized)

Property tax (est.)$262/mo

Total monthly$1,737

Cash Needed to Close

Down payment (5%)$13,995

Land transfer tax$2,674

Est. closing costs$3,340

Total cash needed$20,009

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54 Windsor Avenue, Timmins (TS - SW) - Multi-family for Sale

Description

Property Details

Rooms

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Neighbourhood profile (P4N)

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