337-345 Preston Street, Timmins, ON
Property Highlights
Welcome to this remarkable Bungalow other located in the coveted neighborhood of TS - SW. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $157,000 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 41 x 105.08 ft lot
- 2.0 total parking spaces available
- Notable attributes: Storage, Separate Hydro Meter
- Efficient baseboard heating via electric
Description
Income property featuring two homes on one lot-an excellent opportunity for investors. The one-bedroom house has been extensively renovated in 2025, offering modern updates. Both properties are currently tenanted, providing immediate income. Includes two parking spaces for added convenience.
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Storage, Separate Hydro Meter
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 337-345 Preston Street, Timmins, ON P4N 3P2
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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 $157,000 in Timmins, the legal minimum down payment is $7,850 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 $1,295 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 $1,295.
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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.