1201 Riverside Drive, Timmins, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of MTJ - Main Area. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,900 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.
- 0 Bedrooms and 2 Bathrooms
- Premium 55.73 x 535.86 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating via gas
Description
Exceptional commercial opportunity in the heart of Auto Alley! Situated in a prime high-visibility location, this property offers endless possibilities for investors, developers, and business owners alike. Utilize the existing building for your current or future business needs, or take advantage of this outstanding site to design and construct a custom facility tailored to your vision. With ample on-site parking, excellent exposure, and tremendous redevelopment potential, the options are virtually limitless. A rare chance to secure a premier commercial property in one of the area's most sought-after business corridors. Don't miss this opportunity to bring your business plans to life!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1201 Riverside Drive, Timmins, ON P4R 1A3
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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 $349,900 in Timmins, the legal minimum down payment is $17,495 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 $3,724 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 $3,724.
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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.