346 Hemlock Street, Timmins, ON

$269,900
MLS#:T9278560
0 beds
0 baths
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable multiplex located in the coveted neighborhood of TNE - Hill District. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $269,900 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 111 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

Nicely maintained duplex w/ an insulated & wired 1-car detached garage in a great location! The seller is willing to provide vacant possession of the entire building. 2 electricity meters and 1 gas meter. The seller is currently using the basement (partially finished) as a 1-bdrm apartment. There may be an opportunity for a savvy investor to convert the basement into a 3rd lawful unit. It's a good opportunity to move into a nice building or to set your own rent. Come and have a look today!

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Property Summary

This multiplex located at 346 Hemlock Street, Timmins is currently for sale and has been available on SousaSells for 758 days. This property is listed at $269,900 with an estimated mortgage of $898* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 346 Hemlock Street, Timmins is in the TNE - Hill District neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.

Key Features

0
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/14/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeMultiplex
ConstructionUnknown
BasementUnknown
Lot Size30 × 111 Feet
CountyCochrane
Annual Tax$2,562.52
Legal DescriptionSee attached in documents

Parking & Garage

Parking Spaces3.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeOther
CoolingUnknown

Features

Property Features

Interior Features

Unknown

Security Features

Community Features

Location

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346 Hemlock Street, Timmins, ON
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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 346 Hemlock Street, Timmins, ON P4N 6T2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Timmins.

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Interest Rate4.00%
Down Payment$80,970 (30.0%)
* Minimum Canadian down payment required for this price is $13,495.
Amortization Period30 Years
Estimated Monthly Payment$898Based on a loan of $188,930 over 30 years.
Purchase Price$269,900
Loan Amount$188,930
Provincial Land Transfer Tax:$2,524
Total Estimated Closing Taxes:$2,524

About Purchasing a Home in Timmins, ON

For a property listed at $269,900 in Timmins, the legal minimum down payment is $13,495 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 $2,524 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 $2,524.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Timmins.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$333,958

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

Pinecrest
Public542 Toke Street, Timmins, Ontario, P4N 6W1
1.9
W Earle Miller
Public200 Victoria Avenue, Timmins, Ontario, P4N 8G9
4.3
École catholique St-Gérard
Public59 Sterling Avenue E, Timmins, Ontario, P4N 1R7
3.1
Don-Bosco
Public400 Lonergan Boulevard, Timmins, Ontario, P4P 1C7
4.4

Secondary Schools

O’Gorman
Public150 George Avenue, Timmins, Ontario, P4N 4M1
5.3
Theriault
Public341 Thériault Boulevard, Timmins, Ontario, P4N 7K3
4.4
Timmins
Public451 Thériault Boulevard, Timmins, Ontario, P4N 8B2
3.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.