$418,899

Timmins (Tne - Central) ON, P4N 6J5

MLS® # T12417563

Property Information:

This turn key investment has two buildings on one lot, each building has 2 apartments, the front house has 1 x 2 BR , 1 X 3 BR, and the back house 2 x 2 BR units, the main floor apartments have access to the laundry room in the basement, the front house as newly replaced boiler system. The property has a detached garage and a shed. The property takes in $60,918.72 (September 2025) in gross rents annually. Large main unit with 3+1 bedroom and full basement. Extra storage in the detached garage. Centrally located - close to schools, parks and churches. Updates: front house (corner building) shingles - 2021; and gas forced air furnace - 2018 and a newly replaced boiler heating system. One hot water tank is owned, two hot water tanks are rented. See Realtor Remarks for Rent Roll (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Development: Unfinished
Basement Type: N/A
Exterior Finish: Stucco
Floor Space: 3000 - 3500 sqft
Foundation Type: Concrete
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 8+1
Bathrooms: 4
Floor Space (approx): 3000 - 3500 Square Feet
Irregular: Yes
Lot Depth: 112.5 Feet
Lot Frontage: 30.6 Feet
Lot Size: 30.6 x 112.5 FT
Utility Type: Cable - Available, Sewer - Installed, Hydro - Installed
Zoning: NA R2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Courtesy of: EXP REALTY OF CANADA INC.

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Market Price Trends

Location of 245 CEDAR STREET N, Timmins (TNE - Central), Ontario, P4N 6J5

Lifestyle
Neighbourhood

Demographic Information of 245 CEDAR STREET N, Timmins (TNE - Central), Ontario, P4N 6J5

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$136,185.61

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.56 %

High school certificate or equivalent

29.73 %

Apprenticeship trade certificate/diploma

5.48 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

1.64 %

University Degree

12.76 %

Commuter

Travel To Work

By Car

78.08 %

By Public Transit

3.35 %

By Walking

12.58 %

By Bicycle

0.0 %

By Other Methods

5.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.44 %

Houses

72.56 %

Own Vs. Rent