29-31 Birch Street, Timmins, ON
Property no longer active
This property was sold on January 31, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium aluminum siding and vinyl siding construction, this residence presents an exceptional opportunity offered at $159,900 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.
- 2 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning < 700 sqft on a premium 28.96 x 119.73 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient radiant heating via gas
Description
Welcome to 29-31 Birch St N in Timmins, On. This 2-unit income property consists of 2 1-bed/1-bath units. 2 hydro meters. 1 gas meter. Currently tenanted. Rent for 29 Birch St N is $860/mth (includes gas, hydro & water). Rent for 31 Birch St is $1,127/mth (includes gas & water). Annual rental income = $23,844. Vender take-back offered on 20K (5%, 1yr term) for a purchase price of 169.9K. Come and have a look today!
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Property Summary
This duplex located at 29-31 Birch Street, Timmins is currently for sale and has been available on SousaSells for 591 days. This property is listed at $159,900 with an estimated mortgage of $532* per month. It has 2 beds, 2 bathrooms, and is < 700 square feet. 29-31 Birch Street, Timmins is in the TNE - Central neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 29-31 Birch Street N, Timmins, ON P4N 6C8
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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 $159,900 in Timmins, the legal minimum down payment is $7,995 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 $1,324 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 $1,324.
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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.