$459,000
Available - For Sale
Listing ID: T12091454
84 Main Stre , Timmins, P0N 1H0, Cochrane
| 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* |
| Price | $459,000 |
| Taxes: | $6257.00 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 84 Main Stre , Timmins, P0N 1H0, Cochrane |
| Postal Code: | P0N 1H0 |
| Province/State: | Cochrane |
| Directions/Cross Streets: | Main St. and Shamrock Ave |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Apartment |
| Use: | Apts - 6 To 12 Units |
| Building Percentage: | T |
| Total Area: | 5628.50 |
| Total Area Code: | Square Feet |
| Washrooms: | 0 |
| Heat Type: | Baseboard |
| Central Air Conditioning: | No |
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| ALLOWAY PROPERTY GROUP LTD. |
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Shaukat Malik, M.Sc
Broker Of Record
Dir:
647-575-1010
Bus:
416-400-9125
Fax:
1-866-516-3444
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At a Glance:
| Type: | Com - Investment |
| Area: | Cochrane |
| Municipality: | Timmins |
| Neighbourhood: | SP - Main Area |
| Tax: | $6,257 |
| Fireplace: | N |
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