419 Mountjoy Street, Timmins, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of TS - SW. Expertly crafted featuring premium aluminum siding construction, this residence presents an exceptional opportunity offered at $425,000 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.
- 7 Bedrooms and 6 Bathrooms with 6 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 78.8 x 48 ft lot
- Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Other
- Efficient water heating via gas
Description
Solid investment property well south of Downtown. 5 unit property, fully tenanted. New Navian Combi tankless boiler installed March2022. All electrical updated to 100 amp breakers. 5 separate electrical meters can be used for upcoming vacancies. New roof 2019. Proven money maker!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 419 Mountjoy Street S, Timmins, ON P4N 1V4
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About Purchasing a Home in Timmins, ON
For a property listed at $425,000 in Timmins, the legal minimum down payment is $21,250 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 $4,975 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 $4,975.
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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.