DETAILS

Great Investment Opportunity in the City of Timmins!

This investment opportunity features a portfolio of 4 income-producing multi-residential properties with a total of 13 doors.

The portfolio includes 17 Vipond Rd, 196 Windsor Ave, 377 Hemlock St, and 99 Dwyer Ave.

The properties are also available on a standalone basis, at an adjusted premium price.

Portfolio Offered At $971,710

17 Vipond Rd

17 Vipond Rd is a duplex with a separate front and back house unit (2×2 bedroom units). Separate hydro and water meters. The tenants pay own hydro and gas. The back house unit has a finished basement. The front house unit roof was replaced in 2020. 8% cap rate valuation.

Offered at $171,000

196 Windsor Ave

196 Windsor is a multiplex with four separate units (1×3 bedroom, 1×2 bedroom & 2×1 bedroom units). Fully tenanted. The roof was replaced five years ago. Six parking spots available. 

Offered at $307,215

377 Hemlock St

377 Hemlock St is a multiplex with five units (1×2 bedroom & 4×1 bedroom units). Fully tenanted. Five parking spots available. The roof was replaced five years ago and a new indirect water tank has been installed.

Offered at $323,550

99 Dwyer Ave

99 Dwyer is a duplex with a separate front and back house unit (1×3+2 bedroom and 1×1 bedroom). Finished basement in front house unit. Separate hydro meters. 8% cap rate valuation.

Offered at $189,250

FINANCIALS

17 Vipond Rd

Valuation

Rent Rolls

Expenses

196 Windsor Ave

Valuation

Rent Rolls

Expenses

377 Hemlock St

Valuation

Rent Rolls

Expenses

99 Dwyer Ave

Valuation

Rent Rolls

Expenses

Graham F. Alloway
Broker of Record
B.A. LL.B. Hons.
416-443-9000
graham@alloway.net


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