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Home ON Timmins
84 MAIN STREET
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84 MAIN STREET $459,000
$459,000
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84 MAIN STREET
Timmins (SP - Main Area), Ontario P0N1H0

MLS® Number: T12091454

Listing Description

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* (40279102)

Location Description

Main St. and Shamrock Ave

Property Summary

Property Type
Multi-family
Building Type
Multi-Family
Community Name
SP - Main Area
Land Size
50 x 112.57 FT
Annual Property Taxes
$6,257
Time on REALTOR.ca
12 days

Building

Heating & Cooling
Heating Type
Baseboard heaters
Utilities
Water
Municipal water
Business
Business Type
Residential (Apartments)

Measurements

Square Footage
5628 sqft

Land

Lot Features
Frontage
50 ft
Land Depth
112 ft ,6 in
Other Property Information
Zoning Description
NA-R3
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1

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