261 Kimberley Avenue, Timmins, ON

$20,000
MLS#:T12061668
0 beds
0 baths
< 700 sqft
Residential Freehold
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Property no longer active

This property was sold on June 11, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable vacant land located in the coveted neighborhood of TS - SE. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $20,000 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
  • Generous living space spanning < 700 sqft on a premium 30 x 108 ft lot
  • Notable attributes: None

Description

This vacant residential lot offers proximity to downtown, with the library, transit station, and local businesses all within walking distance. Residentially zoned with opportunity for future development. The City of Timmins, known for its rich mining history, strong community, and access to nature, this property provides a connection to both urban amenities and the outdoors. Timmins offers year-round recreation, local shops, and essential services.

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Property Summary

This vacant land located at 261 Kimberley Avenue, Timmins is currently for sale and has been available on SousaSells for 469 days. This property is listed at $20,000 with an estimated mortgage of $67* per month. It has 0 beds, 0 bathrooms, and is < 700 square feet. 261 Kimberley 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

000
Living Area
< 700 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJune 11, 2025
Sold price information is available to members only
Listed Date4/4/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeVacant Land
Lot Size30 × 108 Feet
CountyCochrane
Annual Tax$1,127.81
Legal DescriptionPCL 2797 SEC WAT SRO; LT 51 PL M2T TISDALE RESERVING TO THE ONTARIO NORTHLAND TRANSPORTATION COMMISSION, THE RIGHT TO CROSS SAID LAND, AND TO LAY DOWN THEIR ROW NINETY-NINE FT IN WIDTH ON AND OVER SAID LAND OR ANY PT THEREOF AS MAY HEREAFTER BE FOUND NECESSARY OR EXPEDIENT; SAID RESERVATION TO BE OF THE SURFACE RIGHTS ONLY IN ACCORDANCE WITH THE TERMS OF AN ORDER OF THE LIEUTENANT-GOVERNOR IN COUNCIL DATED 22ND FEBRUARY 1909.; S/T RESERVATION IN C3456; CITY OF TIMMINS

Parking & Garage

Heating & Cooling

Features

Property Features

Interior Features

None

Security Features

Community Features

Location

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261 Kimberley 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 261 Kimberley Avenue, Timmins, ON P4N 1L8

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.

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Interest Rate4.00%
Down Payment$6,000 (30.0%)
* Minimum Canadian down payment required for this price is $1,000.
Amortization Period30 Years
Estimated Monthly Payment$67Based on a loan of $14,000 over 30 years.
Purchase Price$20,000
Loan Amount$14,000
Provincial Land Transfer Tax:$100
Total Estimated Closing Taxes:$100

About Purchasing a Home in Timmins, ON

For a property listed at $20,000 in Timmins, the legal minimum down payment is $1,000 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 $100 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 $100.

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City & Neighborhood Guide

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

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$329,265

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

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

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%

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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.