1179 Park Avenue, Timmins, ON

$587,900
MLS#:X9230713
6 beds
3 baths
1500-2000 sqft
5.0 parking
Residential Freehold
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Property no longer active

This property was sold on August 13, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of MTJ - Main Area. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $587,900 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 3 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 48.83 x 111 ft lot
  • Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 5.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: On Demand Water Heater
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

This beautiful spacious 1710 sq ft home features 6 bedrooms and 3 bathrooms including a large foyer with a walk-in closet. The main floor boosts a new fireplace and kitchen with granite countertops and island. The patio with modern gazebo is accessible through the kitchen. The spacious main floor living room and dining room invites an ambiance of warmth great for gatherings. Soak in your jetted tub in the spacious upstairs bathroom. The finished basement has a large recreational area with fireplace, gym, bedroom, bathroom, laundry facility and large walk-in closet for storage. Not only does this home have great curb appeal with an interlock driveway and landscaping, the large, attached garage has plenty of room for storage. Roof was renovated in 2021.The backyard is all fenced in, has a shed including a fire pit area. Great location in a quiet family friendly neighbourhood with a short distance to schools, parks, arenas, restaurants and shopping center. Possession Available on October 28, 2024.

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Property Summary

This detached home located at 1179 Park Avenue, Timmins is currently for sale and has been available on SousaSells for 718 days. This property is listed at $587,900 with an estimated mortgage of $1,957* per month. It has 6 beds, 3 bathrooms, and is 1500-2000 square feet. 1179 Park Avenue, Timmins is in the MTJ - Main Area neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

Bedrooms
6
Bathrooms
3
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 13, 2024
Sold price information is available to members only
Listed Date7/29/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick
BasementFinished
Lot Size48.83 × 111 Feet
CountyCochrane
Annual Tax$6,577.46
Legal DescriptionPCL 14-1 SEC M357C SRO; LT 14 PL M357C MOUNTJOY; CITY OF TIMMINS

Parking & Garage

Parking Spaces5.0
Garage Spaces4
Garage TypeAttached

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Interior Features

On Demand Water Heater

Security Features

Community Features

Location

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1179 Park 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 1179 Park Avenue, Timmins, ON P4R 1M3

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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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Timmins.

Configure Loan Settings

Interest Rate4.00%
Down Payment$176,370 (30.0%)
* Minimum Canadian down payment required for this price is $33,790.
Amortization Period30 Years
Estimated Monthly Payment$1,957Based on a loan of $411,530 over 30 years.
Purchase Price$587,900
Loan Amount$411,530
Provincial Land Transfer Tax:$8,233
Total Estimated Closing Taxes:$8,233

About Purchasing a Home in Timmins, ON

For a property listed at $587,900 in Timmins, the legal minimum down payment is $33,790 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 $8,233 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 $8,233.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for MTJ - Main Area, Timmins.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$389,056

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Lionel-Gauthier
Public145 St. Jean Avenue, Timmins, Ontario, P4R 0J7
6.7
W Earle Miller
Public200 Victoria Avenue, Timmins, Ontario, P4N 8G9
4.3
Don-Bosco
Public400 Lonergan Boulevard, Timmins, Ontario, P4P 1C7
4.4
École catholique St-Gérard
Public59 Sterling Avenue E, Timmins, Ontario, P4N 1R7
3.1
Pinecrest
Public542 Toke Street, Timmins, Ontario, P4N 6W1
1.9

Secondary Schools

Theriault
Public341 Thériault Boulevard, Timmins, Ontario, P4N 7K3
4.4
Timmins
Public451 Thériault Boulevard, Timmins, Ontario, P4N 8B2
3.7
O’Gorman
Public150 George Avenue, Timmins, Ontario, P4N 4M1
5.3

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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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.

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.