16
See all 16 photos
$229,900
Est. payment /mo
2 Beds
2 Baths
0.5 Acres Lot
New
202 Balsam ST S Timmins, ON P4N 2E4
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Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1100-1500
Subdivision Ts - Se
MLS Listing ID T12067794
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
Province 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
Listed by REALTY NETWORKS INC.