61 Sixth Avenue, Timmins, ON
Property Highlights
Welcome to this remarkable Other detached located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $399,900 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.
- 2 Bedrooms and 5 Bathrooms
- Generous living space spanning 3000-3500 sqft on a premium 70 x 60 ft lot
- Features a partial basement basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available
- Notable attributes: None
- Efficient water heating via gas
Description
Unique Commercial/Residential opportunity near downtown Timmins! This spacious building offers versatile layouts for both business and living. Currently features an incredible private fitness facility with a basketball net, full MMA/boxing training area, and weight training space.The main floor boasts two bedrooms, a kitchen, and two bathrooms, providing a comfortable living area, with ample additional space for business operations on the expansive lower level. The functional basement includes 3 additional bathrooms, 6 private rooms/offices, two large common areas, perfect for boardrooms, group training, or custom needs.This building is ideal for a gym with an integrated clinic, a private school, daycare, medical/dental/chiropractic offices, massage therapy , the endless possibilities truly cater to your vision!Enjoy the convenience of one private parking space, with plenty of on-street parking nearby. The property also includes a private, fully-fenced courtyard, a rare downtown find, perfect for pets or a safe play area for children, complete with a deck ideal for a BBQ and outdoor seating.Having undergone many upgrades in the last few years, this building is ready for your business or custom residential plans. Don't miss this exceptional opportunity!
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Pricing & Value Insights
Data-driven valuation for 61 Sixth Avenue, Timmins, ON P4N 5L8
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About Purchasing a Home in Timmins, ON
For a property listed at $399,900 in Timmins, the legal minimum down payment is $19,995 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 $4,474 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 $4,474.
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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.