$265,000

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59 Montgomery Avenue, Timmins (TS - SW) - Single Family for Sale

59 Montgomery Avenue, Timmins (TS - SW), Ontario, P4N3G1

4 beds1 bath parking

214 Commercial Avenue, Timmins (TS - SW), Ontario, P4N2X4

3 bd2 ba2 pk900 ft²Lot size 33 × 100 ft (3,300 sq ft)

Listed by REVEL REALTY INC.

Investment analysis

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$265,000

Timmins

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Overview

This 4-bedroom, 1-bathroom home in Timmins is for sale offering roughly 900 sq ft of space. Its $265,000 asking price sits right in line with the $269,900 median in Timmins. It has been on the market 2 days, fresher than the Timmins average of 9 days.

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

Property Details

MLS®: T14141880
Property Type: Single Family
Zoning: NA-R3
Bedrooms: 4
Beds (above / below): 2 above · 2 below
Bathrooms: 1
Parking: 2
Interior Size: 900 ft²
Lot Size: 40 × 93 ft (3,720 sq ft)
Frontage: 40 ft
Storeys: 1
Style: Bungalow
Basement: Partially finished, N/A
Heating: Radiant heat, Natural gas
Cooling: None
Garage: No Garage
Ownership: Freehold
Property Tax: $3,333.2/yr
Listed: 2 days ago

Rooms

Main level

Living room: 3.77 x 3.2 meters
Kitchen: 6.23 x 3.21 meters
Bedroom: 2.83 x 3.76 meters
Bedroom 2: 3.27 x 3.52 meters
Laundry room: 1.32 x 2.93 meters
Bathroom: 1.69 x 2.95 meters

Basement

Recreational, Games room: 7.62 x 2.78 meters
Bedroom 3: 2.99 x 3.5 meters
Bedroom 4: 3.18 x 4.2 meters
Utility room: 6.15 x 3.58 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

$294

List price

$265K

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 (P4N)

This home lists at $265,000, about 3.6× the local median household income of $73,500.

Carrying it typically needs a household income of about $51,764 (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)

$265,000· $294/ft²

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Full Cost Breakdown

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Down Payment5% · $13,250

Min 5%50%

Mortgage payment$1,396/mo

↳ CMHC premium ($10,070 capitalized)

Property tax (est.)$278/mo

Total monthly$1,674

Cash Needed to Close

Down payment (5%)$13,250

Land transfer tax$2,450

Est. closing costs$3,295

Total cash needed$18,995

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

59 Montgomery Avenue, Timmins (TS - SW) - Single Family for Sale

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Description

Property Details

Rooms

Features

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Market Timing

Location

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Neighbourhood profile (P4N)

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