ON > Timmins > Tne - Hill District
Timmins, ON P4N 7A1,177 Lakeshore RD
Timmins, ON P4N 7A1,177 Lakeshore RD
Timmins, ON P4N 7A1,177 Lakeshore RD
Timmins, ON P4N 7A1,177 Lakeshore RD
Timmins, ON P4N 7A1,177 Lakeshore RD
Timmins, ON P4N 7A1,177 Lakeshore RD
Kseniya Pichardo Martinez
Kseniya Pichardo Martinez

REALTOR®

+1(226) 336-3810

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$ 495,000

$ 525,000 5.7%

Est. payment | /mo

$ 495,000

$ 525,000 5.7%

Est. payment | /mo

Key Details

Sold Price $495,000

Property Type Multi-Family

Sub Type Multiplex

Listing Status Sold

Purchase Type For Sale

Approx. Sqft 5000 +

Subdivision Tne - Hill District

MLS Listing ID T11893816

Sold Date 04/11/25

Style 2 1/2 Storey

Building Age 51-99

Annual Tax Amount $13,053

Tax Year 2024

Property Sub-Type Multiplex

Property Description

Great investment opportunity! This property was formerly used as a 12-unit income property. The current layout may permit up to 13 units, subject to city of Timmins approval. This property is ready for renovation by a skilled handyman or contractor, having been largely stripped down to the studs. Property is being sold "as-is". Projected rental income as a 13-unit property (consisting of 11 one-bedroom units at $1,200/mth & 2 two-bedroom units @ $1,450/mth) would amount to $193,200 annually. A rare opportunity to own an income property with a view of Gillies Lake. Come have a look today! **EXTRAS** Above Grade Square Footage: 6130 , Zoning NA-R2, Hydro - Vacant, Heat - vacant, MPAC 340, water & Sewer is metered

Location

Province ON

County Cochrane

Community Tne - Hill District

Area Cochrane

Zoning NA-R2

Rooms

Family Room No

Basement Unfinished

Kitchen 0

Interior

Interior Features None

Cooling None

Exterior

Exterior Feature Deck

Parking Features Private

Pool None

Roof Type Unknown

Lot Frontage 49.85

Lot Depth 114.03

Total Parking Spaces 5

Building

Foundation Poured Concrete

Listed by ROYAL LEPAGE NORTHERN REALTY LEADERS
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+1(226) 336-3810

kseniya@kseniyapichardo.com

ON, Canada

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177 Lakeshore RD