25 Father Costello Drive Timmins, Ontario P0N 1G0
$550,000
This exceptional turn-key investment LEGAL 5PLEX is generating a generous income the moment you close. Featuring a meticulously maintained with modern electrical, plumbing, and HVAC systems means low maintenance and long-term peace of mind. All Five Units are Tenanted by A++ tenants. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. This Multiplex has Annual Gross Rental of Income of $80,640; NOI of $53,688 and a Cap Rate of 10%. The monthly Cash Flow is $2,153 and an ROI of 23.5% . Take part in the very rapid growth of Timmins brought about by opening of new mines. Current Rental Vacancy is 2%. Rare, renovated, and revenue-ready - don't miss this!!!!! (id:63476)
Property Details
| MLS® Number | T14091358 |
| Property Type | Multi-family |
| Community Name | SCH - Main Area |
| Features | Irregular Lot Size |
| Parking Space Total | 2 |
Building
| Bathroom Total | 5 |
| Bedrooms Above Ground | 9 |
| Bedrooms Total | 9 |
| Appliances | Water Meter, Dryer, Stove, Washer, Refrigerator |
| Basement Development | Unfinished |
| Basement Type | N/a (unfinished) |
| Cooling Type | None |
| Exterior Finish | Brick, Steel |
| Foundation Type | Block |
| Half Bath Total | 1 |
| Heating Fuel | Natural Gas |
| Heating Type | Radiant Heat |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Sqft |
| Type | Other |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 79 Ft |
| Size Frontage | 41 Ft ,6 In |
| Size Irregular | 41.5 X 79 Ft |
| Size Total Text | 41.5 X 79 Ft |
| Zoning Description | Ea-cg |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
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October 18 2026 03:03:12
Toronto Regional Real Estate Board
Right At Home Realty