189 Balsam Street, Timmins, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey duplex located in the coveted neighborhood of SE. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $298,000 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 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 71.6 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- Ample parking with 0.0 garage spaces (4.0 total parking spaces)
- Notable attributes: None
- Efficient forced air heating via gas
Description
Great investment opportunity! This three-unit, legal duplex offers strong income in a convenient central location. The property features a spacious four-bedroom apartment currently rented for $1,800 all-inclusive, a one-bedroom unit rented at $1,280 per month, and a two-bedroom unit rented for $1,000 all-inclusive. With plenty of on-site parking and steady rental income, this is an excellent opportunity for investors or owner-occupiers looking to offset living expenses. PAC Code: 322 Hydro: $230 per month Gas: $128 per month Water: $2,949 per year
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Property Summary
This duplex located at 189 Balsam Street, Timmins is currently for sale and has been available for 1 day. This property is listed at $298,000 with an estimated mortgage of $992* per month. It has 7 beds, 3 bathrooms, and is 1500-2000 square feet. 189 Balsam Street, Timmins is in the SE neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in SE, Timmins.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in SE, 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
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Timmins?
If you are looking for a house in Timmins or researching Timmins real estate for sale, this 7-bedroom duplex at 189 Balsam Street, Timmins, ON offers an exceptional opportunity to buy a home in Timmins, Ontario. Whether you are a first-time Timmins home buyer or comparing active Timmins MLS® homes for sale, working with a dedicated Timmins buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Timmins Buyer Budget & Costs
Estimated mortgage: $992*/month*. Estimated Ontario Land Transfer Tax: $2,945. First-time Timmins home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Timmins
Frequently Asked Questions about 189 Balsam Street, Timmins, ON
Q.What is the asking price for 189 Balsam Street, Timmins, ON ?
The current listing price for 189 Balsam Street, Timmins, ON in SE, Timmins is $298,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 189 Balsam Street, Timmins, ON ?
189 Balsam Street, Timmins, ON is a Duplex (1 1/2 Storey) featuring a Full 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 4.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
SE, Timmins
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 189 Balsam Street S, Timmins, ON P4N 2E1
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 $298,000 in Timmins, the legal minimum down payment is $14,900 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 $2,945 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 $2,945.
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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.
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