For Sale: 314 Birch Street N, Timmins, ON - REW
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$447,000
7 bd • 4 ba • 1100 - 1499 sf • Multifamily
314 Birch Street N
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$447,000
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314 Birch Street NTimmins, ON, P4N 6S6

  • 7 Bed
  • 4 Bath
  • 1100 - 1499 Sqft
  • Multifamily

About this home

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 (id:63626)
Listed by: RAJANI SURESH, Salesperson, Global Bricks Realty

Home facts and features

Price details
List Price
$447,000
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Gross Taxes for 2026
$5,244
Home facts
Bedrooms
7
Full Bathrooms
4
Parking Spaces
4
Parking Details
Garage, Attached Garage
Property Type
Multifamily
Depth
112.5 feet
Frontage
60.0 feet
Exterior Finish
Vinyl siding
Heating Type
Baseboard heaters, Electric
Basement Details
Apartment in basement, Separate entrance, ,
Features
Separate Electricity Meters
Agent details
Primary Agent
RAJANI SURESH
Primary Broker
Global Bricks Realty
Listing details
Days on REW
5 Days
MLS® Number
T13863352
Source
Canadian Real Estate Association
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

St Paul School
  • Catholic
  • JK - 6
É C Jacques-Cartier (Timmins)
  • Catholic
  • JK - 4
O'Gorman Intermediate Catholic School
  • Catholic
  • 7 - 8
O'Gorman High School
  • Catholic
  • 9 - 12
Louis-Rhéaume
  • Catholic
  • JK - 3
R Ross Beattie Senior Public School
  • Public
  • 7 - 8
É C Sacré-Coeur (Timmins)
  • Catholic
  • 5 - 8
ÉS C Theriault
  • Catholic
  • 9 - 12
Pinecrest Public School
  • Public
  • JK - 6
W Earle Miller Public School
  • Public
  • JK - 6
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
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Call Agent
Salesperson
RAJANI SURESH
Phone:
647-703-8361
Office:
905-588-4653
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