290 - 292 Spruce Street, Timmins, ON
Property no longer active
This property was sold on November 5, 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 TS - SE. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $186,900 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.
- 4 Bedrooms and 2 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 131.05 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Water Heater, Separate Hydro Meter
- Efficient water heating via gas
Description
This well-maintained duplex is a fantastic investment, offering three sources of rental income. The main floor unit features 1 bedroom and 1 bathroom, while the upstairs unit offers 2 bedrooms and 1 bathroom. Both units are currently rented, making it a turnkey opportunity for investors. With two hydro meters, tenants can manage their own utilities, adding to the property's convenience. The detached garage, accessible year-round from the laneway, provides additional rental income. Located close to numerous amenities, including shopping, schools, and public transportation, this property is in a highly accessible area. Whether you're looking to expand your investment portfolio or secure a multi-unit property with strong rental potential, this duplex is worth considering! **EXTRAS** Year Built: 1937; Above Ground Square Footage: 1774 sq. ft.; Property Code: 332; Heat: received 2 bills $299 and $341, Hydro: Tenanted; Water/Sewer: $2466.30 ; Annual Insurance: $2146.00.
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Property Summary
This duplex located at 290 - 292 Spruce Street, Timmins is currently for sale and has been available on SousaSells for 442 days. This property is listed at $186,900 with an estimated mortgage of $622* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 290 - 292 Spruce 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
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Parking & Garage
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Water Heater, Separate Hydro Meter
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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 290 - 292 Spruce Street S, Timmins, ON P4N 2M9
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 $186,900 in Timmins, the legal minimum down payment is $9,345 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 $1,594 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 $1,594.
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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.