250 Belanger Avenue

Introducing a remarkable opportunity, this Multi-Family Home for sale in Timmins is located at 250 Belanger Avenue, Timmins. This two-storey multiplex is situated in the TS - SW community of Timmins, within the Cochrane area, and offers a unique blend of features that make it an attractive investment for prospective buyers.

The property boasts a generous total of seven rooms, including five well-appointed bedrooms, which are ideal for accommodating families or tenants. The main unit, currently vacant, features three spacious bedrooms, a large living room, and two kitchens, making it an excellent choice for those looking to generate rental income. The presence of an active tenant in the basement apartment adds to the appeal of this Multi-Family Home for sale in Timmins, as it allows for immediate cash flow while the main unit can be rented out at market rates.

At 250 Belanger Avenue, Timmins, the property is equipped with two bathrooms, ensuring convenience for both tenants. The absence of a den or additional rooms means that the layout remains straightforward and functional. The family room provides a welcoming space for relaxation and gatherings, while the absence of central air conditioning may encourage tenants to enjoy the fresh air and natural ventilation that the area offers.

The exterior of the property features durable vinyl siding, which not only enhances the aesthetic appeal but also requires minimal maintenance. The lot measures 34 by 100 feet, providing ample outdoor space for tenants to enjoy. However, it is important to note that there is no pool or garage associated with this Multi-Family Home for sale in Timmins. Parking is available for up to three vehicles, accommodating both the main unit and the basement tenant.

Heating is provided by a baseboard system, ensuring warmth during the colder months, while the property is connected to municipal water and sewer services, adding to the convenience of living at 250 Belanger Avenue, Timmins. The lack of a central vacuum system and fireplace may be seen as limitations, but they do not detract from the overall functionality of the home.

The property is unfurnished, allowing new owners the flexibility to personalise the space according to their preferences. With a building age ranging from 51 to 99 years, this Multi-Family Home for sale in Timmins has stood the test of time and offers a solid investment opportunity in a thriving community.

The location at 250 Belanger Avenue, Timmins, places residents within reach of essential amenities and services, enhancing the desirability of this property. The surrounding area is known for its welcoming atmosphere and community spirit, making it an ideal place for families and individuals alike.

In summary, this Multi-Family Home for sale in Timmins presents a fantastic investment opportunity with its two separate living units, generous bedroom count, and a prime location. With the main unit currently vacant and an active tenant in the basement, new owners can quickly begin to benefit from rental income. The features of the property, including the two kitchens, family room, and ample parking, further enhance its appeal. Don't miss out on the chance to acquire this property at 250 Belanger Avenue, Timmins, and explore the potential it holds for investors and homeowners alike.

The TS - SW community in Timmins is a vibrant and welcoming neighbourhood that embodies the charm of Northern Ontario living. Nestled within the city, this area is characterised by its picturesque landscapes, featuring a mix of lush green spaces and well-maintained parks, perfect for outdoor activities and family gatherings. The community is conveniently located near essential amenities, including shops, schools, and recreational facilities, making it an ideal place for families and individuals alike. With a strong sense of local pride and a friendly atmosphere, TS - SW offers a unique blend of urban convenience and natural beauty, making it a delightful place to call home.

Schools in the Neighbourhood

This 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 2.0 km away, catering to students from Junior Kindergarten to Grade 6. For older children, R. Ross Beattie Senior Public School, located only 0.8 km from the property, serves Grades 7 and 8. Timmins High and Vocational School, which accommodates Grades 9 to 12, is situated 1.3 km away, providing a pathway for secondary education. Additionally, Timmins Centennial Public School, located 1.1 km from the property, offers a French-language education for students from Junior Kindergarten to Grade 8. All schools are part of the District School Board Ontario North East, ensuring a consistent educational standard. While the school ratings are currently not specified, the proximity of these institutions enhances the appeal of this property for families prioritizing education. With a mix of English and French language options, parents can choose the best fit for their children’s educational needs. Overall, this area offers a supportive environment for families seeking quality education within reach.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small population of 396 residents, with an average household size of 1.8 individuals. The community is characterized by a median age of 47.2 years and an average household income of $58,000. Notably, 22.4% of the population falls under the low-income bracket, indicating economic challenges for some residents. The real estate market shows an average property price of $190,000, appealing to various buyers. A significant portion of the population, 55.71%, is single, while 26.32% of households include children, suggesting a mix of family structures. Additionally, 14.63% of residents are immigrants, contributing to the area's cultural diversity. The rental market is prominent, with 67.44% of residents renting their homes, and there are no condominiums available in the area. Educational attainment is moderate, with 32.86% of the population holding a college or university degree. However, a considerable 57.14% of the residents are not in the labor force, which may impact the local economy and community dynamics. Overall, this demographic snapshot highlights a diverse and economically varied community.