314 Birch Street N, Timmins, ON P4N 6S6
Timmins, ON P4N 6S6
About this property
Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity
Property facts & features
- Property type
- Multiplex
- MLS® number
- T13863352
- Source status
- New
- Bedrooms
- 7
- Bathrooms
- 4
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- P4N 6S6
- Parking spaces
- 4
- Garage
- Attached
- Lot depth (source units)
- 112.5
- Annual property tax
- 5244.19
- Basement
- Apartment, Separate Entrance
- Laundry
- Not provided
- Interior features
- Separate Hydro Meter
- Exterior features
- Not provided
Values and units are reported by the listing source. Verify measurements and fees with the brokerage.
Floor plans & room measurements
Floor plans and verified room measurements are not available for this property.
Property value & listing history
New · $447,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
Sign in to request eligible VOW access →Plan your monthly ownership costs
Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.
Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.
Explore affordability & closing-cost tools →Location & neighbourhood
A verified map location is not yet available for this listing.
Transit stops, schools and commute information are unavailable until verified sources are connected. Optional overlays remain off.
Explore active properties in Timmins →Listing brokerage: GLOBAL BRICKS REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® T13863352. Information deemed reliable but not guaranteed.