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Home ON Timmins
202 BALSAM STREET S
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202 BALSAM STREET S $229,900
5 days ago
$229,900
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202 BALSAM STREET S
Timmins (TS - SE), Ontario P4N2E4

MLS® Number: T12067794
2
Bedrooms
2
Bathrooms
1100 - 1500
Square Feet

Listing 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. (40201237)

Location Description

Balsam

Property Summary

Property Type
Multi-family
Building Type
Duplex
Storeys
1.5
Square Footage
1100 - 1500 sqft
Community Name
TS - SE
Land Size
30 x 56.4 FT|1/2 - 1.99 acres
Age Of Building
51 to 99 years
Annual Property Taxes
$2,165
Parking Type
No Garage
Time on REALTOR.ca
5 days

Building

Bedrooms
Above Grade
2
Bathrooms
Total
2
Interior Features
Basement Type
N/A (Unfinished)
Building Features
Foundation Type
Concrete
Heating & Cooling
Heating Type
Forced air (Natural gas)
Utilities
Utility Type
Cable (Installed), Sewer (Installed)
Utility Sewer
Sanitary sewer
Water
Municipal water
Exterior Features
Exterior Finish
Vinyl siding
Parking
Parking Type
No Garage
Total Parking Spaces
4

Measurements

Square Footage
1100 - 1500 sqft

Land

Lot Features
Frontage
30 ft
Land Depth
56 ft ,4 in
Other Property Information
Zoning Description
EA-CG
Data provided by: Timmins, Cochrane & Timiskaming District Association of REALTORS® 490 Waterloo Road, Timmins, Ontario P4N 4Y8

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