388 Pine Street, Timmins, ON

$199,900
MLS#:T13039758
6 beds
2 baths
2000-2500 sqft
3.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2-Storey"] duplex located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium brick front and vinyl siding construction, this residence presents an exceptional opportunity offered at $199,900 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.

  • 6 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 30 x 114 ft lot
  • Features a ["unfinished"] 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 water heating via gas

This spacious 6-bedroom, 2-bathroom duplex in downtown Timmins offers a great investment opportunity with long-term tenants in place. The property features two separate units, each with 3 bedrooms, its own kitchen, bathroom and laundry, providing consistent rental income. The main floor is currently rented at $975.00 per month + hydro and the upper floor is currently rented at $1,000.00 per month + hydro with the landlord paying the heat ($2,159.49/year). While the duplex may require some updates and maintenance, it is ideally located close to downtown amenities, shops, and transit, ensuring easy access for tenants. This property also features an unfinished basement and attached storage room. With stable occupancy and potential for future improvements, this property is perfect for investors seeking a reliable income stream and future growth. This property also has the potential to host another unit, upon city approval.

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Key Features

Bedrooms
6
Bathrooms
2
Kitchens
2
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/24/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionBrick Front, Vinyl Siding
Lot Size30 × 114 Feet
CountyCochrane
Annual Tax$3,097.42
Legal DescriptionPCL 13846 SEC WAT SRO; LT 69 PL M2T TISDALE RESERVING CERTAIN SURFACE EASEMENTS SET OUT IN TRANSFER TEM32292; ALSO RESERVING TO THE ONTARIO NORTHLAND TRANSPORTATION COMMISSION THE RIGHT TO CROSS SAID LAND IN ACCORDANCE WITH THE TERMS OF AN ORDER OF THE 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 TypeWater
Cooling["None"]

Features

Property Features

Community Features

Location

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388 Pine Street, 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 388 Pine Street S, Timmins, ON P4N 2L3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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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.
Financial Audit

Estimated Costs

Loan Amount$159,920
Monthly Mortgage$929
Property Tax (Est.)$258
Utilities & Maint.$350
Total Monthly Cost$1,537

Strategic Fiscal Clarity

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