For sale 50$447,000
314 Birch Street North
TNE - Central, Timmins, Ontario P4N6S6
For sale· Added
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
Location
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Property details
Listing
- MLS® number
- T13863352
- Added
- Oct 5, 2026 ()
- Updated
- Oct 5, 2026 ()
- Info refreshed
Overview
- Property type
- Multi-family
- Building type
- Other
- Storeys
- 2
Inside
- Bedrooms
- 4+3
- Bathrooms
- 4
- Heating
- Baseboard heaters, Electric
- Cooling
- None
- Fireplace
- No
Building
- Basement
- Apartment in basement, Separate entrance
- Exterior
- Vinyl siding
- Foundation
- Brick
- Parking
- Attached Garage, Garage · 4 spaces
- Amenities
- Separate Electricity Meters
Land
- Lot size
- 60 x 112.5 ft
- Lot notes
- 60.01 x 112.50
- Zoning
- NA-R3
Services
- Water
- Municipal water
- Sewer
- Sanitary sewer
Location
- Cross streets
- Birch St N & Ninth Ave
Running costs
- Annual property tax
- $5,244
Rooms
| Bedroom | Main level | 1.33 x 1.45 m |
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