3
See all 3 photos
$494,900
Est. payment /mo
9 Beds
4 Baths
Active
245 Cedar ST N Timmins, ON P4N 6J5
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 3000-3500
Subdivision Tne - Central
MLS Listing ID T12172626
Style 2-Storey
Bedrooms 9
Annual Tax Amount $4,465
Tax Year 2024
Property Sub-Type Fourplex
Property Description
This turn key investment has two buildings on one lot, each building has 2 apartments, the front house has 1 x 2 BR , 1 X 3 BR, and the back house 2 x 2 BR units, the main floor apartments have access to the laundry room in the basement, the front house as newly replaced boiler system. The property has a detached garage and a shed. The property takes in $59,330 (2025 projection) in gross rents annually. Large main unit with 3+1 bedroom and full basement. Extra storage in the detached garage. Centrally located - close to schools, parks and churches. Updates: front house (corner building) shingles - 2021; and gas forced air furnace - 2018 and a newly replaced boiler heating system. One hot water tank is owned, two hot water tanks are rented. See Realtor Remarks for Rent Roll
Location
Province ON
County Cochrane
Community Tne - Central
Area Cochrane
Zoning NA R2
Rooms
Family Room No
Basement Unfinished
Kitchen 4
Separate Den/Office 1
Interior
Interior Features None
Cooling None
Inclusions One (1) Hot Water Tank
Exterior
Pool None
Roof Type Shingles
Lot Frontage 30.58
Lot Depth 112.5
Total Parking Spaces 3
Building
Foundation Concrete
Others
Senior Community No
Listed by EXP REALTY OF CANADA INC.