251 Kirby Avenue, Timmins, ON
Property no longer active
This property was sold on May 12, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $229,900 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.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 108 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Separate Hydro Meter
- Efficient forced air heating via gas
Description
Prime investment opportunity! Attractive rents in the heart of the city! Boasting an impressive rental income of $4,163.75 - this fully-tenanted triplex is a lucrative investment waiting for you to seize. Each unit is a gem of modern living, featuring convenient washer/dryer hookups and recent renovations. With 2 separate hydro meters and a single gas meter, managing utilities is a breeze. The upstairs tenant handles their own hydro costs, enhancing your profitability. Three dedicated parking spaces accessible via the back laneway. Enjoy the tranquility of a fully fenced backyard adorned with two storage sheds offering a total of three secured storage spaces. Situated in the heart of the city, this investment property is surrounded by a myriad of amenities including grocery stores, banks, library, bus station and even the renowned Sikh Temple. Don't miss out on this golden opportunity to elevate your investment portfolio and secure your financial future!! **EXTRAS** Hydro Cost - $2,086, Gas Cost - $3,926.83, Water/Sewer Cost- $3,756
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Property Summary
This triplex located at 251 Kirby Avenue, Timmins is currently for sale and has been available on SousaSells for 584 days. This property is listed at $229,900 with an estimated mortgage of $765* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 251 Kirby Avenue, Timmins is in the TS - SE 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 251 Kirby Avenue, Timmins, ON P4N 1K3
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 $229,900 in Timmins, the legal minimum down payment is $11,495 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 $2,024 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 $2,024.
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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.