ON > Timmins > Timmins South - West
Timmins, ON P4N 3N4,181 Preston ST
Timmins, ON P4N 3N4,181 Preston ST
Timmins, ON P4N 3N4,181 Preston ST
Timmins, ON P4N 3N4,181 Preston ST
Timmins, ON P4N 3N4,181 Preston ST
Timmins, ON P4N 3N4,181 Preston ST
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Désirée King

Désirée King

+1(416) 333-8520
$ 464,900
Est. payment | /mo

6 Beds

1 Bath

Save
$ 464,900
Est. payment | /mo
Save

6 Beds

1 Bath

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 2000-2500

Subdivision Timmins South - West

MLS Listing ID T10406477

Style 2-Storey

Bedrooms 6

Annual Tax Amount $5,100

Tax Year 2023

Property Sub-Type Fourplex

Property Description

Spacious Fourplex with Strong Rental Income! This larger fourplex offers an exceptional investment opportunity with solid rental income from fully rented units. Situated in a desirable area, each unit features its own unique layout to attract a range of tenants. Property Highlights: Unit 1: Spacious 4-bedroom unit renting at $2,000/month (plus hydro) with a natural gas furnace installed in 2015, providing efficient heating. Unit A: Cozy bachelor unit renting at $850/month (plus hydro), ideal for singles or couples. Unit B: Comfortable 1-bedroom unit renting at $1,100/month (plus hydro), offering a great balance of space and affordability. Unit C: Compact 1 bedroom unit renting at $820/month, all-inclusive for convenient budgeting. Utilities & Heating: Unit 1: Heated by a natural gas furnace, ensuring warmth and energy efficiency. Units A, B, and C: Equipped with electric heating for individualized control. This property boasts strong, reliable rents with room for potential increases. Perfect for investors seeking a low-maintenance asset with a steady income stream **EXTRAS** MPAC 324, Total Sq.Footage 2200, Hydro Tenants, Heat $1140 /12mths, Water-Sewer $4356 / year. This property has central air. The property has gas heat and electric baseboards. The Natural gas fire place is not working.

Location

Province ON

County Cochrane

Community Timmins South - West

Area Cochrane

Zoning NA-R3

Rooms

Family Room No

Basement Partially Finished

Kitchen 4

Interior

Interior Features None

Cooling None

Fireplaces Number 1

Fireplaces Type Natural Gas

Exterior

Parking Features Private

Pool None

Roof Type Asphalt Shingle

Lot Frontage 53.0

Lot Depth 80.0

Total Parking Spaces 4

Building

Foundation Poured Concrete

Others

ParcelsYN No

Listed by REALTY NETWORKS INC.
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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(416) 333-8520

desiree@kingsdownsizing.com

130 King St. W. Unit 1800B, M5X1E3, Toronto, Ontario, Canada

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181 Preston ST