25 Vipond Road, Timmins, ON

$275,000
MLS#:T9278567
0 beds
0 baths
1.0 parking
Residential Freehold
Loading property media...

Property Highlights

Welcome to this remarkable multiplex located in the coveted neighborhood of SCH - Main Area. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $275,000 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.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Unknown
  • equipped with unknown central cooling and highly efficient forced air heating via gas

Description

Great income property on the corner of Fourth Avenue and Vipond Road. 2 houses on one lot. Front house rents at $1700 per month plus utilities and includes parking. 2+1 bedrooms and central air plus a fenced yard with storage sheds. Duplex has 2+1 bedroom in 25A and 2 bedrooms in 25B. On street parking. Great Tenants. *Square footage is a total for both houses. Main house is 950 sqft and the Duplex is 980 sqft.*

Schedule a Tour

Contact us to schedule a private viewing of this property.

Contact Agent

Generate CMA Report

Property Summary

This multiplex located at 25 Vipond Road, Timmins is currently for sale and has been available on SousaSells for 747 days. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 25 Vipond Road, Timmins is in the SCH - Main Area neighborhood.

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

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionUnknown
BasementUnknown
CountyCochrane
Annual Tax$2,074.96
Legal Description** Legal description is attached in documents **

Parking & Garage

Parking Spaces1.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingUnknown

Features

Property Features

Fenced Yard

Interior Features

Unknown

Security Features

Community Features

Location

Initializing map...
25 Vipond Road, Timmins, ON
Loading local market trends...

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 25 Vipond Road, Timmins, ON P0N 1G0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
Loading stats...

Properties in this area are selling at a steady pace.

Market Trend
Calculating trend...

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$82,500 (30.0%)
* Minimum Canadian down payment required for this price is $13,750.
Amortization Period30 Years
Estimated Monthly Payment$915Based on a loan of $192,500 over 30 years.
Purchase Price$275,000
Loan Amount$192,500
Provincial Land Transfer Tax:$2,600
Total Estimated Closing Taxes:$2,600

About Purchasing a Home in Timmins, ON

For a property listed at $275,000 in Timmins, the legal minimum down payment is $13,750 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 $2,600 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 $2,600.

Similar Listings Nearby

City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$333,958

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

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

Secondary Schools

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

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

Need more details or a custom CMA?

Generate a full market evaluation or explore city guides using the sidebar links.

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.