153 Bannerman Avenue, Timmins, ON

$249,900
MLS#:T13115960
7 beds
3 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] triplex located in the coveted neighborhood of TS - SW. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $249,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 40 x 92 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: None
  • equipped with ["none"] central cooling and highly efficient other heating via gas

Experience the perfect blend of stability and long-term growth with this well-positioned triplex, offering immediate and consistent rental income from three fully occupied units. Thoughtfully configured, the property features two spacious, side-by-side units spanning the main and upper levels, along with an additional lower-level apartment currently occupied by a long-term tenant-adding an extra layer of reliability to your investment. Each unit is separately metered for hydro, allowing for straightforward utility management and added efficiency. Existing tenancies provide seamless income continuity from day one, making this an excellent addition to any real estate portfolio. The exterior offers a private backyard space along with dedicated parking-highly desirable features that enhance tenant appeal and contribute to sustained occupancy. This is more than just a multi-unit property-it's a strategic acquisition for the discerning investor seeking cash flow, stability, and future appreciation in one complete package.

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Key Features

Bedrooms
7
Bathrooms
3
Kitchens
3
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date5/11/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeTriplex
ConstructionVinyl Siding
Lot Size40 × 92 Feet
CountyCochrane
Annual Tax$2,885.09
Legal DescriptionPCL 5096 SEC SEC SRO; LT 86 PL M26S MOUNTJOY RESERVING TO THE ONTARIO NORTHLAND TRANSPORTATION COMMISSION THE RIGHT TO CROSS SAID LANDS AND TO LAY DOWN THEIR RIGHT- OF-WAY NINETY-NINE FEET IN WIDTH ON AND OVER SAID LANDS OR ANY PART THEREOF AS MAY HEREAFTER BE FOUND NECESSARY OR EXPEDIENT; SAID RESERVATIONS TO BE OF THE SURFACE RIGHTS ONLY IN ACCORDANCE WITH THE TERMS OF AN ORDER OF OUR LIEUTENANT-GOVERNOR IN COUNCIL, DATED THE 22ND FEBRUARY, 1909.; CITY OF TIMMINS

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
Cooling["None"]

Features

Property Features

Community Features

Location

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153 Bannerman Avenue, Timmins, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 153 Bannerman Avenue, Timmins, ON P4N 2Y7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Financial Audit

Estimated Costs

Loan Amount$199,920
Monthly Mortgage$1,162
Property Tax (Est.)$240
Utilities & Maint.$350
Total Monthly Cost$1,752

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Timmins.

Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.