587 University Street, Timmins, ON
Property no longer active
This property was sold on October 16, 2025. This listing is for reference purposes only. to view the sold price.
Property Highlights
Welcome to this remarkable Bungalow detached located in the coveted neighborhood of TNW - Upper Melrose. Expertly crafted featuring premium vinyl siding 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.
- 3 Bedrooms and 2 Bathrooms
- Generous living space spanning 700-1100 sqft on a premium 62 x 100 ft lot
- Features a full, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 5.0 total parking spaces available
- Notable attributes: Bar Fridge, On Demand Water Heater, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step inside this extensively renovated 3-bedroom, 2-bath bungalow and fall in love! Featuring a bright, modern layout with stylish, quality finishes throughout, this home is move-in ready. The sleek kitchen flows into open living and dining spaces. Both bathrooms have been beautifully upgraded with upscale features, including double vanity, large walk-in shower, giving the home a fresh luxurious feel. Step outside to Enjoy a new rear and front deck, the ease of a carport, along with plenty of additional parking for family, guests or toys. Don't miss this beautiful home, it's truly a gem and ready for its next owners to enjoy!
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Property Summary
This detached home located at 587 University Street, Timmins is currently for sale and has been available on SousaSells for 294 days. This property is listed at $395,000 with an estimated mortgage of $1,315* per month. It has 3 beds, 2 bathrooms, and is 700-1100 square feet. 587 University Street, Timmins is in the TNW - Upper Melrose 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
Interior Features
Bar Fridge, On Demand Water Heater, Storage, Upgraded Insulation
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 587 University Street, Timmins, ON P4N 5J4
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.