$429,900
2.68 BTC
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Map
245 Cedar Street, Timmins
$429,900
PRICE
8 + 1
BEDROOMS
4
BATHROOMS
T12172626
MLSID

245 Cedar Street, Timmins

This turn key investment has two buildings on one lot, each building has 2 apartments, the front house has 1 x 2 BR , 1 X 3 BR, and the back house 2 x 2 BR units, the main floor apartments have access to the laundry room in the basement, the front house as newly replaced boiler system. The property has a detached garage and a shed. The property takes in $59,330 (2025 projection) in gross rents annually. Large main unit with 3+1 bedroom and full basement. Extra storage in the detached garage. Centrally located - close to schools, parks and churches. Updates: front house (corner building) shingles - 2021; and gas forced air furnace - 2018 and a newly replaced boiler heating system. One hot water tank is owned, two hot water tanks are rented. See Realtor Remarks for Rent Roll
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Summary

Address
245 Cedar Street
Community
MLSID
T12172626
Property Type
Fourplex
Property Category
Bedrooms
8 + 1
Bathrooms
4
Kitchens
4
Zoning
NA R2
Taxes (Annual)
$4,465.00
Tax Year
2024
Published
May 26, 2025
Days on Market
74 Days
Possession Type
Flexible
Possession Details
Flexible
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Inclusions

One (1) Hot Water Tank

Details

Parking Spaces
3
Parking Total
3
Architectural Style
2-Storey
Roof
Shingles
Construction Materials
Stucco (Plaster)
Lot Size
3,440
Lot Width
31 Feet
Lot Depth
112 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Tenant
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with EXP REALTY OF CANADA INC.
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