63 Maple Street, Timmins, ON
Property Highlights
Welcome to this remarkable 2-Storey other located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $320,000 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.
- 6 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 30 x 100 ft lot
- Features a full, partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 4.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free, Storage
- Efficient forced air heating via gas
Description
Two-Home Investment on One Lot! This unique property features two separate, two-story homes on a single lot. Both homes are fully occupied, offering immediate cash flow for an owner-occupant or savvy investor. Each residence has 3 bedrooms and a full basement, with tenants paying their own utilities. Current rents are $1,700 and $1,500 per month, totaling $3,200 in gross monthly income ($38,400 annually). A rare live-in/rent-out setup with reliable tenants and a strong rental track record-perfect for someone looking to reduce their housing costs while building equity. Priced to sell and ready for a new owner to capitalize on the steady income and unique live-in opportunities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 63 Maple Street N, Timmins, ON P4N 6B5
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 $320,000 in Timmins, the legal minimum down payment is $16,000 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 $3,275 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 $3,275.
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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.