42 Majestic Drive, Timmins, ON

$644,444
MLS#:T9274216
5 beds
4 baths
1500-2000 sqft
3.0 parking
Residential Freehold
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Property Highlights

Welcome to this remarkable Bungalow detached located in the coveted neighborhood of MTJ - Beaurivage. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $644,444 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.

  • 5 Bedrooms and 4 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a spacious lot (Feet)
  • Features a finished 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 forced air heating via gas

Description

If you are looking for a great family home, then here it is! This all brick bungalow has 3+ 2 bedrooms, 3 full washrooms and main floor laundry with a 2 pc. washroom. Beautiful kitchen with breakfast nook and eating area with fireplace and a separate formal dining room. Master bedroom has everything you could want, beautiful ensuite, walk in closet and doors leading to private back yard and deck Lower level is fully finished , one of the bedrooms has a walk in closet, huge rec room and games room. Also boasting a sauna and lots of storage. The double attached garage allows you to gain entry to the main floor or the basement. The back deck is accessible either through the kitchen or the master bedroom and the overhead gas heater makes it enjoyable to use year round. I floor heating through out including garage with the exception of one bedroom in basement.

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Property Summary

This detached home located at 42 Majestic Drive, Timmins is currently for sale and has been available on SousaSells for 746 days. This property is listed at $644,444 with an estimated mortgage of $2,145* per month. It has 5 beds, 4 bathrooms, and is 1500-2000 square feet. 42 Majestic Drive, Timmins is in the MTJ - Beaurivage neighborhood.

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

Key Features

Bedrooms
5
Bathrooms
4
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold price information is available to members only
Listed Date6/25/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural StyleBungalow
ConstructionUnknown
BasementFinished
CountyCochrane
Annual Tax$8,347.18
Legal DescriptionLOT 12, PL 6M488, CITY OF TIMMINS. S/T EASEMENT ON GROOS OVER PT 8 PL 6R8000, AS IN CB21843

Parking & Garage

Parking Spaces3.0
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingUnknown

Features

Property Features

Interior Features

Unknown

Security Features

Community Features

Location

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42 Majestic Drive, 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 42 Majestic Drive, Timmins, ON P4R 1N6

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.

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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$193,333 (30.0%)
* Minimum Canadian down payment required for this price is $39,444.
Amortization Period30 Years
Estimated Monthly Payment$2,145Based on a loan of $451,111 over 30 years.
Purchase Price$644,444
Loan Amount$451,111
Provincial Land Transfer Tax:$9,364
Total Estimated Closing Taxes:$9,364

About Purchasing a Home in Timmins, ON

For a property listed at $644,444 in Timmins, the legal minimum down payment is $39,444 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 $9,364 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 $9,364.

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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.