146-148 Cedar Street N

If you’re on the lookout for a fantastic investment opportunity, look no further than this Multi-Family Home for sale in Timmins , located at 146-148 Cedar Street N, Timmins. This splendid 2-storey multiplex is perfect for those wanting to make a savvy addition to their property portfolio. Nestled in the heart of the TNE - Central community, this property boasts an impressive layout and a wealth of features that make it stand out.

The address, 146-148 Cedar Street N, Timmins, reveals a charming side-by-side duplex that offers a total of 11 rooms, including five bedrooms and a den. The layout is particularly appealing, with Unit 146 featuring three bedrooms upstairs and a recreation room in the basement, while Unit 148 is a delightful 2+1 bedroom arrangement. Each unit comes with its own laundry facilities tucked away in the basement, ensuring convenience for all tenants.

One of the highlights of this Multi-Family Home for sale in Timmins is the outdoor space. Both units have their own decks at the back, perfect for enjoying a morning coffee or an evening barbecue. The lot measures a generous 30 X 120 feet, providing ample room for outdoor activities. While there isn’t a pool or a garage, the property does feature a mutual driveway that allows for parking space for two vehicles in the backyard, making it practical for tenants who have their own cars.

Inside, you’ll find that both units are unfurnished, giving new owners the flexibility to style them as they wish. The homes are heated by a water system, and while there is no air conditioning or central vacuum system, the property does have internet access, which is essential for modern living. The absence of a fireplace might be a drawback for some, but the overall appeal of the Multi-Family Home for sale in Timmins more than makes up for it.

The building itself is constructed with an exterior of other materials, which adds to its unique character. The roof shingles have been updated, ensuring that the property is well-maintained and ready for new tenants. The basement is partially finished, providing additional space that can be utilised for various purposes, whether it be storage or a play area for children.

As for the location, 146-148 Cedar Street N, Timmins, is situated conveniently close to local amenities, schools, and parks, making it an attractive option for families and individuals alike. The community of TNE - Central is known for its friendly atmosphere and accessibility, which only enhances the appeal of this Multi-Family Home for sale in Timmins.

With tenants responsible for their own heat and hydro, this property presents a low-maintenance investment opportunity. The potential for rental income is significant, especially given the current demand for housing in the area. Whether you’re a seasoned investor or just starting out, this property is a great choice.

In summary, if you’re searching for a reliable investment that promises both comfort and convenience, look no further than this Multi-Family Home for sale in Timmins at 146-148 Cedar Street N, Timmins. With its spacious layout, excellent location, and the potential for good rental returns, this property is sure to tick all the right boxes. Don’t miss out on this chance to own a piece of Timmins real estate that is not only a smart investment but also a lovely place to call home for your future tenants.

TNE - Central is a vibrant and welcoming neighbourhood nestled in the heart of Timmins, Ontario, offering a unique blend of urban convenience and natural beauty. This area is characterised by its charming residential streets, well-maintained parks, and a variety of local amenities, including shops, cafes, and recreational facilities. With its close proximity to the downtown core, residents enjoy easy access to cultural attractions and community events, while the surrounding green spaces provide ample opportunities for outdoor activities. TNE - Central is an ideal choice for those seeking a friendly atmosphere with a strong sense of community spirit, making it a perfect place to call home.

Schools in the Neighbourhood

The property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance, you will find W. Earle Miller Public School, just 1.7 km away, offering grades JK to 6 in English. For older children, R. Ross Beattie Senior Public School is only 1.2 km from the property, providing education for grades 7 and 8, also in English. Timmins High and Vocational School, located 1.7 km away, caters to students in grades 9 to 12, focusing on both academic and vocational training. Additionally, Timmins Centennial Public School, also 1.7 km from the property, offers a French-language curriculum for grades JK to 8. All schools are part of the District School Board Ontario North East, ensuring a consistent educational standard. While the schools currently have a rating of 0, the proximity to multiple educational options in both English and French provides a diverse learning environment for children. This accessibility to schools enhances the appeal of the property, making it a practical choice for families prioritizing education.