250 Belanger Avenue Timmins, Ontario P4N 2V9
$259,900
Looking for a prime investment or a property to call home? This property is an excellent opportunity, offering the potential for solid cash flow and long-term growth. Perfect for investors who want to take advantage of the 1% Rule in real estate. This well-maintained duplex features a spacious 3 bedroom and 1 bath main floor unit and a 2 bedroom 1 bath basement unit. Ample off street parking for both units, fully fenced in yard with a small storage shed, both units have separate laundry facilities. This property is a fully occupied building providing immediate rental income, making it a compelling option for investors seeking both stability and growth potential. The property's prime location and tenant-ready condition ensure a seamless addition to any portfolio fully tenanted and ready to provide immediate returns. Situated in a highly desirable location, residents enjoy easy access to local amenities, public services, and all the benefits of downtown living. Main floor rents for $1896.25/month, Basement unit rents for$1100/ month. Whether you're an investor looking for consistent cash flow or a homeowner seeking financial assistance from rental income, this duplex is the perfect fit. Don't miss out on this fantastic opportunity! **EXTRAS** Year built 1941, MPAC 301, AGSF 1345, Water & Sewer $1414.22/2024 , Hydro $4741.23/2024, Heat $1261.23/2024 (id:61445)
Property Details
| MLS® Number | T11938164 |
| Property Type | Single Family |
| Community Name | TS - SW |
| Features | Flat Site |
| ParkingSpaceTotal | 2 |
Building
| BathroomTotal | 2 |
| BedroomsAboveGround | 3 |
| BedroomsBelowGround | 2 |
| BedroomsTotal | 5 |
| Appliances | Refrigerator, Two Stoves |
| BasementFeatures | Apartment In Basement |
| BasementType | N/a |
| ExteriorFinish | Aluminum Siding, Brick |
| FoundationType | Block |
| HeatingFuel | Electric |
| HeatingType | Baseboard Heaters |
| StoriesTotal | 2 |
| SizeInterior | 1099.9909 - 1499.9875 Sqft |
| Type | Duplex |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| SizeDepth | 99 Ft ,7 In |
| SizeFrontage | 33 Ft ,10 In |
| SizeIrregular | 33.9 X 99.6 Ft |
| SizeTotalText | 33.9 X 99.6 Ft|under 1/2 Acre |
| ZoningDescription | Na-r3 |
Utilities
| Cable | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/27836438/250-belanger-avenue-timmins-ts-sw-ts-sw
Interested?
Contact us for more information
Daniel Dupuis
Salesperson
255 Algonquin Blvd. W.
Timmins, Ontario P4N 2R8
Nancy Gaudet
Broker
255 Algonquin Blvd. W.
Timmins, Ontario P4N 2R8
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February 08 2025 12:22:45
Revel Realty Inc.