279 Elm Street, Timmins, ON

$210,000
MLS#:T11444136
3 beds
2 baths
1100-1500 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $210,000 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.

  • 3 Bedrooms and 2 Bathrooms with 2 functional kitchens
  • Generous living space spanning 1100-1500 sqft on a premium 29.89 x 112.33 ft lot
  • Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
  • 3.0 total parking spaces available
  • Notable attributes: In-Law Capability, Primary Bedroom - Main Floor
  • equipped with window unit(s) central cooling and highly efficient forced air heating via gas

Description

Located within minutes from all necessities. This 1200 sqft duplex is a great opportunity for an investor and/or first time home buyer looking for additional income to help out with payments. The upper level consists of 2 bedrooms (could convert one of the bedrooms back into 2 if needed) and one 4 piece bathroom. The basement unit is a 1 bedroom and 1 bathroom. Each property has their own updated electrical panel. Updated hot water tank is a rental. Recently serviced furnace which was installed in 2006. Roof redone in 2021. Good size storage shed with a deck in the backyard.

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Property Summary

This detached home located at 279 Elm Street, Timmins is currently for sale and has been available on SousaSells for 596 days. This property is listed at $210,000 with an estimated mortgage of $699* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 279 Elm Street, Timmins is in the TS - SE neighborhood.

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

Key Features

Bedrooms
3
Bathrooms
2
Kitchens
2
Living Area
1100-1500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJanuary 20, 2025
Sold price information is available to members only
Listed Date11/27/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style1 1/2 Storey
ConstructionVinyl Siding
BasementApartment
Lot Size29.89 × 112.33 Feet
CountyCochrane
Annual Tax$2,934.3
Legal DescriptionPCL 2984 SEC WAT SRO; LT 3 PL M60T TISDALE S/T CANADEL GOLD LIMITED AS IN TEM24634; CITY OF TIMMINS

Parking & Garage

Parking Spaces3.0
Garage Spaces3
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingWindow Unit(s)

Features

Property Features

Interior Features

In-Law Capability, Primary Bedroom - Main Floor

Security Features

Community Features

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Location

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279 Elm Street, 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 279 Elm Street S, Timmins, ON P4N 1X3

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$63,000 (30.0%)
* Minimum Canadian down payment required for this price is $10,500.
Amortization Period30 Years
Estimated Monthly Payment$699Based on a loan of $147,000 over 30 years.
Purchase Price$210,000
Loan Amount$147,000
Provincial Land Transfer Tax:$1,825
Total Estimated Closing Taxes:$1,825

About Purchasing a Home in Timmins, ON

For a property listed at $210,000 in Timmins, the legal minimum down payment is $10,500 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 $1,825 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 $1,825.

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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.