175 Elm Street, Timmins, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey triplex located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $299,900 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.
- 3 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 52.08 x 124.6 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 7.0 total parking spaces available with a convenient detached configuration
- Notable attributes: None
- Efficient water heating via gas
Description
Excellent Investment Opportunity! This spacious triplex offers exceptional income potential and plenty of on-site parking. The main floor features a well-maintained 3-bedroom unit currently rented for $1,700/month, while the upper level offers a 2-bedroom unit rented for $1,400/month. The lower level contains a 3-bedroom unit with excellent potential. With a little TLC, it could be transformed into a beautiful 2-bedroom apartment with an estimated rental income of approximately $1,800/month. The property also includes a detached two-car garage, providing additional storage or tenant parking. A fantastic opportunity for investors looking to add a solid income-producing property with value-add potential to their portfolio. MPac code 333, Hydro $3526 per year, gas $ 3370 per year and water is om a meter and sewer is $1480 per year
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Property Summary
This triplex located at 175 Elm Street, Timmins is currently for sale and has been available on SousaSells for 4 days. This property is listed at $299,900 with an estimated mortgage of $998* per month. It has 3 beds, 3 bathrooms, and is 1500-2000 square feet. 175 Elm Street, Timmins is in the TNE - Central neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 3 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in TNE - Central, Timmins.
- •3 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Families, couples, or downsizers looking for a well-proportioned home in Timmins.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 175 Elm Street, Timmins, ON
Q.What is the asking price for 175 Elm Street, Timmins, ON ?
The current listing price for 175 Elm Street, Timmins, ON in TNE - Central, Timmins is $299,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 3 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 175 Elm Street, Timmins, ON ?
175 Elm Street, Timmins, ON is a Triplex (1 1/2 Storey) featuring a Partially Finished basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 7.0 vehicles (Detached).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Pricing & Value Insights
Data-driven valuation for 175 Elm Street N, Timmins, ON P4N 6A6
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Timmins, ON
For a property listed at $299,900 in Timmins, the legal minimum down payment is $14,995 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,974 for this transaction. As this listing is in Timmins (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,974.
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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.