320 Birch Street, Timmins, ON
Property Highlights
Welcome to this remarkable Bungalow duplex located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $279,900 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
- Generous living space spanning 700-1100 sqft on a premium 30 x 112.5 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient baseboard heating via electric
Description
Great investment opportunity! This newly renovated duplex is an excellent addition to any investment portfolio. The main floor unit is currently rented for $1,300 per month plus hydro, providing immediate income. The basement unit will be vacant at the end of the month and offers the potential to generate approximately $1,500 per month plus hydro. Recent renovations help minimize maintenance concerns while maximizing rental appeal. Whether you're an experienced investor or just starting out, this property offers strong income potential and excellent value. Mpac 332, hydro tenant gas $45 per month (hot water tank) water and sewer 2400
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 320 Birch Street N, Timmins, ON P4N 6E6
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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 $279,900 in Timmins, the legal minimum down payment is $13,995 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 $2,674 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 $2,674.
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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.