DETAILS–

Great Investment Opportunity in the City of Timmins!

This investment opportunity features a portfolio of 5 multi-residential income-producing properties offered at 10% cap. In special circumstances, offers for individual properties at premium price (8% cap) may be considered as a standalone.

Portfolio Offered At $1,595,000

51 Windsor Ave is a detached, two-storey residential building with five self-contained units (2×1 bedroom, 3×3 bedroom). The building has been fully renovated from the studs out with new plumbing, electrical, roof, and siding. One unit is gutted and ready to renovate. Three parking spots are available.

22 Balsam St N is a detached, multi-residential building with seven self-contained units (5×1 bedroom, 2×2 bedroom). One unit has been gutted and is ready to renovate. Two parking spots are available. 

102 Fourth Ave is a two-storey residential property with three self-contained units (1×1 bedroom, 1×2 bedroom, 1 bachelor). The property is located in the Schumacher neighbourhood and is a short 10 minute drive from downtown Timmins. Three parking spots are available.

193-195 Fifth Ave is a two-storey property with five self-contained units (2×1 bedroom, 3×2 bedroom). A brand new high efficiency gas boiler system has been installed. One parking spot is available.

Rent Rolls

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