$298,500

Timmins (Tne - Hill District) ON, P4N 6R2

MLS® # T12470117

Property Information:

Great Investment Opportunity! This solid income property on Tamarack Street features four units-one 3-bedroom, one 2-bedroom, and two 1-bedroom apartments-making it perfect for investors seeking reliable rental income. With three units already occupied providing immediate revenue and one vacant unit ready for your personal touch to boost returns, the potential here is huge! Located in a desirable area with strong rental demand, this property offers both stability and opportunity-an exciting addition to any investment portfolio! (id:27)

Building Features:

Style: Multiplex
Building Type: Other
Basement Development: Finished
Basement Type: N/A
Exterior Finish: Vinyl siding
Fire Protection: Smoke Detectors
Floor Space: 1500 - 2000 sqft
Foundation Type: Block
Heating Type: Forced air
Heating Fuel: Natural gas
Cooling Type: None

Property Features:

Property Type: Multi-family
Bedrooms: 5+1
Bathrooms: 4
Access Type:
Amenities Nearby: Public Transit, Hospital
Community Features: School Bus
Features: Flat site
Floor Space (approx): 1500 - 2000 Square Feet
Irregular: Yes
Lot Depth: 92.5 Feet
Lot Frontage: 30.0 Feet
Lot Size: 30 x 92.5 FT
Utility Type: , Hydro - Installed, Cable - Available, , Sewer - Installed, Wireless - Available
View Type: City view
Zoning: NA-R3
Sewer: Sanitary sewer
Parking Type: No Garage
No. of Parking Spaces: 3

Courtesy of: ZIEMINSKI REAL ESTATE INC

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⚠ Potential Investment Performance

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Market Price Trends

Location of 262 - 264 TAMARACK STREET, Timmins (TNE - Hill District), Ontario, P4N 6R2

Lifestyle
Neighbourhood

Demographic Information of 262 - 264 TAMARACK STREET, Timmins (TNE - Hill District), Ontario, P4N 6R2

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$136,185.61

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

27.56 %

High school certificate or equivalent

29.73 %

Apprenticeship trade certificate/diploma

5.48 %

College/non-university certificate

22.83 %

University certificate (below bachelor)

1.64 %

University Degree

12.76 %

Commuter

Travel To Work

By Car

78.08 %

By Public Transit

3.35 %

By Walking

12.58 %

By Bicycle

0.0 %

By Other Methods

5.99 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

27.44 %

Houses

72.56 %

Own Vs. Rent