285-287 Balsam Street, Timmins, ON
Property Highlights
Welcome to this remarkable multiplex located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $119,900 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 30 x 112.5 ft lot size
- Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: Unknown
- equipped with unknown central cooling and highly efficient other heating via gas
Description
Introducing a fantastic opportunity for savvy investors and ambitious homeowners alike! This duplex, a handyman's special, offers incredible potential with a little TLC. The first unit features 2 cozy bedrooms, perfect for a small family or rental income. The second unit boasts 3 spacious bedrooms, providing ample space for larger families or higher rental returns. Both units share a generous, fenced yard—ideal for children, pets, or outdoor entertaining. The property also includes a paved driveway, ensuring convenience and ease of access. Recent updates include new shingles, adding value and peace of mind for the future owner. Whether you're looking to invest, flip, or create your dream home with some elbow grease, this fixer-upper is a rare find. Don't miss out on this diamond in the rough!
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Pricing & Value Insights
Data-driven valuation for 285-287 Balsam Street S, Timmins, ON P4N 2E5
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About Purchasing a Home in Timmins, ON
For a property listed at $119,900 in Timmins, the legal minimum down payment is $5,995 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 $924 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 $924.
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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.