385 Cedar Street, Timmins, ON
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $249,900 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.
- 3 Bedrooms and 1 Bathroom
- Generous living space spanning 700-1100 sqft on a premium 39.87 x 105.8 ft lot
- Features a unfinished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Sump Pump
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this inviting 3-bedroom, 1-bath detached home in a family-friendly neighbourhood. This property combines character, practicality, and outdoor space, featuring a large backyard with mature trees and a detached garage. Inside, the main floor features bright and comfortable principal rooms filled with natural light. The home includes an eat-in kitchen designed for everyday convenience and casual dining, with an easy flow into the living room. The functional back mudroom area provides a practical transition space from the outdoors - ideal for coats, footwear, and everyday storage needs. The main floor also includes a convenient bedroom, making the layout suitable for a variety of different buyer needs, including those seeking one-level living potential, guest space, or a flexible home office. Upstairs, you'll find two additional well-proportioned bedrooms offering further versatility for family living or workspace needs. The basement offers untapped potential, ready to be finished to your heart's desire, whether that's additional living space, a recreation area, or hobby and storage space. Step outside to enjoy a spacious backyard framed by mature trees, offering privacy, shade, and plenty of room for gardening, play, or outdoor entertaining. The detached garage adds convenience for parking, workshop use, or extra storage. Located close to schools, parks, shopping, and transit, this home is an excellent opportunity for first-time buyers, downsizers, or investors seeking a well-kept property in an established neighbourhood with long-term appeal.
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Pricing & Value Insights
Data-driven valuation for 385 Cedar Street N, Timmins, ON P4N 6K1
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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 $249,900 in Timmins, the legal minimum down payment is $12,495 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 $2,224 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 $2,224.
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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.