$375,000

Timmins (Mtj - Main Area) ON, P4N 4C1

MLS® # T12509524

Property Information:

The Seller of this 4 plex will entertain a Vendor Take Back (VTB) mortgage in second place for serious inquiries only. The building has a good layout and is in a sought after area of the city with good public transportation and is centrally located near a conservation area and park, nature trails and local amenities. This is a great investment opportunity , with four self-contained apartments that are fully tenanted. One upstairs unit has been recently renovated, adding immediate value and appeal and the property offers ample parking and outdoor leisure areas for the tenants. (id:27)

Building Features:

Style: Multiplex
Building Type: Fourplex
Basement Type: Crawl space
Exterior Finish: Vinyl siding
Floor Space: 2500 - 3000 sqft
Foundation Type: Unknown
Heating Type: Baseboard heaters
Heating Fuel: Electric
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 7
Bathrooms: 4
Floor Space (approx): 2500 - 3000 Square Feet
Irregular: Yes
Lot Depth: 96.7 Feet
Lot Frontage: 76.1 Feet
Lot Size: 76.1 x 96.7 FT
Utility Type: Cable - Available, Hydro - Installed, Sewer - Installed
Zoning: NA-R2
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 4

Courtesy of: EXP REALTY OF CANADA INC.

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⚠ Potential Investment Performance

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Market Price Trends

Location of 557 NORMAN STREET, Timmins (MTJ - Main Area), Ontario, P4N 4C1

Lifestyle
Neighbourhood

Demographic Information of 557 NORMAN STREET, Timmins (MTJ - Main Area), Ontario, P4N 4C1

Life Stage

Growing Families

Employment Type

Mixed

Average Household Income

$124,064.34

Average Number of Children

1.68

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.31 %

High school certificate or equivalent

35.1 %

Apprenticeship trade certificate/diploma

8.52 %

College/non-university certificate

29.28 %

University certificate (below bachelor)

1.21 %

University Degree

8.58 %

Commuter

Travel To Work

By Car

93.65 %

By Public Transit

0.02 %

By Walking

1.88 %

By Bicycle

0.0 %

By Other Methods

4.45 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

3.87 %

Houses

96.13 %

Own Vs. Rent