106 Toke Street, Timmins, ON
Property no longer active
This property was sold on April 17, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of TNE - Hill District. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $195,000 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.
- 7 Bedrooms and 4 Bathrooms with 4 functional kitchens
- Generous living space spanning 2500-3000 sqft on a premium 41.01 x 79.74 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Water Heater
- Efficient water heating via gas
Description
This centrally located income property featured five one-bedroom units, plus a two-bedroom house (currently tenanted) located on the same lot, for a total of 6 rental units. This property presents significant upside potential, the property is located steps away from Gillies Lake, public beach and conservation area with a walking path with lighting and observation decks. With one unit currently tenanted, there is already income in place, and with renovations, this multi-unit property has the potential to generate a good return on your investment for years to come. The basement unit of 106 Toke has a private access (side porch entrance) that is not available at the moment.
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Property Summary
This multiplex located at 106 Toke Street, Timmins is currently for sale and has been available on SousaSells for 496 days. This property is listed at $195,000 with an estimated mortgage of $649* per month. It has 7 beds, 4 bathrooms, and is 2500-3000 square feet. 106 Toke Street, Timmins is in the TNE - Hill District neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 106 Toke Street, Timmins, ON P4N 6T9
Based on 0 recent similar sales in the pocket.
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 $195,000 in Timmins, the legal minimum down payment is $9,750 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 $1,675 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 $1,675.
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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.