25 Father Costello Drive, Timmins, ON P0N 1G0
Timmins, ON P0N 1G0
About this property
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!!!!!
Property facts & features
- Property type
- Multiplex
- MLS® number
- T14091358
- Source status
- New
- Bedrooms
- 9
- Bathrooms
- 5
- Reported interior area
- Not provided
- Neighbourhood
- Not provided
- Postal code
- P0N 1G0
- Parking spaces
- 2
- Garage
- None
- Lot depth (source units)
- 78.96
- Annual property tax
- 2520
- Basement
- Unfinished
- Laundry
- Not provided
- Interior features
- None
- 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 · $550,000
Multi-event history, valuations and sold comparables require verified property identity and display permissions. No historical events or estimated values have been inferred.
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Explore active properties in Timmins →Listing brokerage: RIGHT AT HOME REALTY. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® T14091358. Information deemed reliable but not guaranteed.