Welcome to this remarkable ["2 1/2 Storey"] multiplex located in the coveted neighborhood of TNE - Hill District. Expertly crafted featuring premium vinyl siding and brick construction, this residence presents an exceptional opportunity offered at $525,000 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.
Great investment opportunity! This property was formerly used as a 12-unit income property. The current layout may permit up to 13 units, subject to city of Timmins approval. This property is ready for renovation by a skilled handyman or contractor, having been largely stripped down to the studs. Property is being sold "as-is". Projected rental income as a 13-unit property (consisting of 11 one-bedroom units at $1,200/mth & 2 two-bedroom units @ $1,450/mth) would amount to $193,200 annually. A rare opportunity to own an income property with a view of Gillies Lake. Come have a look today! **EXTRAS** Above Grade Square Footage: 6130 , Zoning NA-R2, Hydro - Vacant, Heat - vacant, MPAC 340, water & Sewer is metered
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Data-driven valuation for 177 Lakeshore Road, Timmins, ON P4N 7A1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Timmins.
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