Timmins, ON P4N 2E4,202 Balsam ST S
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Timmins, ON P4N 2E4,202 Balsam ST S
Timmins, ON P4N 2E4,202 Balsam ST S
Timmins, ON P4N 2E4,202 Balsam ST S
Timmins, ON P4N 2E4,202 Balsam ST S

$205,000

Est. payment /mo

$229,900

10.8%
Est.Price: ?

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202 Balsam ST S Timmins, ON P4N 2E4

2 Beds

2 Baths

0.5 Acres Lot

SOLD DATE : 05/23/2025

Key Details

Sold Price $205,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 1100-1500

Subdivision Ts - Se

MLS Listing ID T12067794

Sold Date 05/23/25

Style 1 1/2 Storey

Bedrooms 2

Building Age 51-99

Annual Tax Amount $2,165

Tax Year 2024

Lot Size 0.500 Acres

Property Sub-Type Duplex

Property Description

Excellent Investment Opportunity Vacant Duplex with Strong Rental Potential! If youre looking to break into the real estate investment market, look no further. This duplex offers immediate income potential with both units vacant upon closing perfect for setting your own rents or moving in while renting out the other unit. The main floor unit features a spacious 2-bedroom layout, ideal for small families or working professionals, while the upper unit offers a cozy and bright 1-bedroom apartment. Both units share convenient on-site laundry. Additional perks include parking for up to four vehicles, making it attractive for tenants with multiple cars or guests. Projected market rents are strong, with the 2-bedroom unit estimated at $1,500$1,600/month all-inclusive, and the 1-bedroom unit at $1,100/month all-inclusive. Whether you're an investor or a homeowner looking to offset your mortgage, this property checks all the boxes.

Location

State ON

County Cochrane

Community Ts - Se

Area Cochrane

Zoning EA-CG

Rooms

Family Room Yes

Basement Unfinished

Kitchen 2

Interior

Interior Features None

Cooling None

Exterior

Pool None

Roof Type Asphalt Shingle

Lot Frontage 30.0

Lot Depth 56.35

Total Parking Spaces 4

Building

Foundation Concrete

Others

Senior Community No

ParcelsYN No

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Listed by REALTY NETWORKS INC.
agent

Max Ortoli

+1(416) 398-1111

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