$550,000
 $2,953 est/mo Sourced by Back At You

25 Father Costello Drive,Timmins (SCH - Main Area), ON P0N1G0

Timmins (SCH - Main Area), ON P0N1G0

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Description

This exceptional turn-key investment LEGAL 5PLEX is generating a generous income the moment you close. Featuring a meticulously maintained with modern electrical, plumbing, and HVAC systems means low maintenance and long-term peace of mind. All Five Units are Tenanted by A++ tenants. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. This Multiplex has Annual Gross Rental of Income of $80,640; NOI of $53,688 and a Cap Rate of 10%. The monthly Cash Flow is $2,153 and an ROI of 23.5% . Take part in the very rapid growth of Timmins brought about by opening of new mines. Current Rental Vacancy is 2%. Rare, renovated, and revenue-ready - don't miss this!!!!! (id:374)

Details

MLS #T14091358
Listing TypeFor Sale
StatusActive
Days On Site8
Listing Provided ByRIGHT AT HOME REALTY | DARLO CABRERA ESTRANERO

Features

Bed(s)9
Bath(s) 5 Total
SQ Feet1,500
BasementY
Story(s)2
ZoningEA-CG

Interior

CoolingNone
HeatingRadiant heat, Natural gas
AppliancesWasher, Refrigerator, Water meter, Stove, Dryer
Fireplace Yes / NoNo

Exterior

Lot FeaturesIrregular lot size
Foundation DetailsBlock

Parking

Parking FeaturesNo Garage
Parking Total2

Utilities

UtilitiesSewer, Electricity, Cable
SewerSanitary sewer
Water SourceMunicipal water

Taxes

Tax Annual Amount2520
Tax Year2025

Area Information

ProvinceON
CityTimmins (SCH - Main Area)
Postal CodeP0N1G0
Listing VS Median (in P0N1G0)
Price:
$550,000
low | high
Med:
$399,450
77.372727272727% of Average
sqft:
1,500
low | high
Med:
2,250
2% of Average
$ / sqft:
$367
low | high
Med:
$180
100% of Average
On site:
8
low | high
Med:
92.5
8.648648648649% of Average
Sourced by Back At You

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Preferred Management

Preferred Management

RECO #4036190Office Administrator, Managerpreferred@sutton.com
ProvinceON
CityTimmins (SCH - Main Area)
Postal CodeP0N1G0
Listing VS Median (in P0N1G0)
Price:
$550,000
low | high
Med:
$399,450
77.372727272727% of Average
sqft:
1,500
low | high
Med:
2,250
2% of Average
$ / sqft:
$367
low | high
Med:
$180
100% of Average
On site:
8
low | high
Med:
92.5
8.648648648649% of Average
Sourced by Back At You
Listing Updated: October 19, 2026 at 6:20:38 AM PDT