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84 Main Street Image 1

$459,000

Apr 18Investment For Sale
bedroomsbed
washrooms0bath
MLS - #T12091454

84 Main Street, Timmins, ON P0N 1H0

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Average Price
45900000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

About 84 Main Street

Exceptional 6-plex investment opportunity at 84 Main Street, Timmins. Detached two-storey multi-residential building featuring six units. Perfectly situated at the intersection of Main and Shamrock, the property provides tenants with convenient access to local amenities, public services, and all the essentials of downtown living. Spanning approximately 5,628 square feet, this freestanding structure offers a blend of functionality and character, ensuing both tenant satisfaction and investor appeal. The building is designed with practical features that enhance its utility and ease of management. An enclosed rear porch provides access to the basement, while a wooden exterior staircase ensures easy entry to the second floor. The side gravel parking lot accommodates parking for all suites. Timmins is a community on the rise, fueled by a dynamic economic landscape and growing real estate market. Recent data highlights a surge in residential sales and increasing property values, a testament to the city's thriving development. Efforts to expand housing options and address supply challenges have positioned Timmins as an attractive destination for investors and residents alike. From a vibrant downtown core to the scenic beauty of Northern Ontario, the city combines opportunity with quality of life, making it an ideal place to invest. Excellent CAP RATE! *13% IRR*

Home Overview

Last updated

Apr 18

Virtual tour

None

Basement information

Building size

5628.5

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Listed by ALLOWAY PROPERTY GROUP LTD.

Additional Details

Basement:N/A
Cooling:No
Heating:Baseboard
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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Walk Score for 84 Main Street

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