551 Elm Street, Timmins, ON
Property no longer active
This property was sold on December 2, 2024. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable 1 1/2 Storey detached located in the coveted neighborhood of TS - SE. Expertly crafted featuring premium brick front construction, this residence presents an exceptional opportunity offered at $244,900 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 2 Bathrooms
- Generous living space spanning 1100-1500 sqft on a premium 40 x 137.35 ft lot
- Features a finished, full basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor, Storage, Water Heater
- Efficient forced air heating via gas
Description
Affordable living with 3 bedrooms and garage. Located in a family oriented neighbourhood. This home features a large main bedroom on the main floor and two bedrooms upstairs. Living room and a separate dining room, kitchen along with a large foyer area complete the main floor. The basement consists of a rec room with a brick fireplace, a combo laundry/3 piece bathroom and a workshop. The 1 1/2 car garage in the backyard would be ideal as a workshop or as a man or she cave. Interlock drive. SQ FT -1200
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Property Summary
This detached home located at 551 Elm Street, Timmins is currently for sale and has been available on SousaSells for 618 days. This property is listed at $244,900 with an estimated mortgage of $815* per month. It has 3 beds, 2 bathrooms, and is 1100-1500 square feet. 551 Elm 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
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Public Transit, School
Interior Features
Primary Bedroom - Main Floor, Storage, Water Heater, Water Heater Owned
Security Features
Community Features
Location
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 551 Elm Street S, Timmins, ON P4N 1Y2
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 $244,900 in Timmins, the legal minimum down payment is $12,245 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 $2,174 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 $2,174.
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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.