421 Birch Street, Timmins, ON
Property no longer active
This property was sold on October 16, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable multiplex located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium unknown construction, this residence presents an exceptional opportunity offered at $395,000 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.
- 0 Bedrooms and 0 Bathrooms
- Premium 29.79 x 105.24 ft lot size
- Features a unknown basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available
- Notable attributes: Unknown
- equipped with unknown central cooling and highly efficient forced air heating via gas
Description
This well-maintained and recently updated triplex is a prime investment opportunity in a family-friendly neighborhood. With 4 hydro meters and ample parking, this property features two fully renovated units and a third unit in excellent condition, with the possibility of creating an extra unit in the basement. The garage offers additional storage or rental income potential. With strong cash flow and modern updates, a zoning compliance letter and a retrofit certificate (2022) this triplex is perfect for investors seeking an income-generating property.
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Property Summary
This multiplex located at 421 Birch Street, Timmins is currently for sale and has been available on SousaSells for 701 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 421 Birch Street, Timmins is in the TS - SE neighborhood.
* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Key Features
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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 421 Birch Street S, Timmins, ON P4N 2B7
Based on 0 recent similar sales in the pocket.
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 $395,000 in Timmins, the legal minimum down payment is $19,750 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 $4,400 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 $4,400.
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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.