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MLS® T14091358
Timmins, ON
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!!!!!
Inclusions
Fridge x5, Stove x5, Coin Operated Washer(1) and Dryer (1)
Exclusions
All tenant belongings
Broker
RIGHT AT HOME REALTY
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Multiplex
25 Father Costello Drive Timmins
Timmins
Type
Multiplex
Basement
Unfinished
Parking
None (2)
Property Tax
~$2,520/yr
Heating
Radiant
Buying Essentials
Square Feet
1750 sqft
Facing Direction
South
Parking
None (2)
Finances
List Price
$550,000
Price per SQFT
$314/sqft
Property Tax
~$2,520/yr
Property Specs
Property Type
Multiplex
MLS Size
1750 sqft
Basement
Unfinished
Living & Amenities
Heating Type
Radiant
Features
None
Policies & Utilities
Neighbourhood
Timmins
Listed On
Oct 17, 2026
Days on Market
Current: 21 days
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