34 Floral Avenue

Welcome to this fantastic investment opportunity located at 34 Floral Avenue, Timmins. This charming multi-family home for sale in Timmins is nestled in a quiet neighbourhood, making it an ideal choice for both investors and homeowners alike. Whether you’re looking to generate income from both units, live in one and rent the other, or explore short-term rental opportunities such as Airbnb, this property offers exceptional flexibility and potential.

The property, a multiplex building styled over two storeys, boasts an inviting exterior clad in vinyl siding. As you approach 34 Floral Avenue, Timmins, you will immediately appreciate the well-maintained façade that speaks to the care and attention given to this home over the years. With an age of 51-99 years, this residence has stood the test of time and is ready for its next chapter.

Inside, you will find a total of nine rooms, including four bedrooms and two bathrooms, providing ample space for comfortable living. The main floor features a spacious two-bedroom unit that is bright and functional, perfect for a small family or as a rental unit. The upper level offers a one-bedroom unit, complete with a versatile living/bedroom space that can easily adapt to your needs. This layout not only maximises the living space but also enhances the income-generating potential of this multi-family home for sale in Timmins.

Both units are equipped with two kitchens, allowing for convenience and independence for each living space. While there is no additional kitchen, the existing facilities are more than sufficient for daily living. The absence of a den and a family room means that the focus remains on the essential living spaces, making this home a practical choice for those seeking a straightforward investment.

In terms of amenities, this property comes unfurnished, allowing new owners to put their personal stamp on the space. The heating is provided by a forced air system, ensuring a warm and cosy environment during the colder months. Although there is no air conditioning or central vacuum system, the property does benefit from municipal water and sewer services, which adds to the convenience of living at 34 Floral Avenue, Timmins.

One of the standout features of this multi-family home for sale in Timmins is the full unfinished basement. This space presents a blank canvas for potential buyers, offering the opportunity to create additional living areas or storage solutions as needed. The backyard is expansive, providing ample outdoor space for relaxation or play, and there is parking available for one car in the attached garage, two in the driveway, and even more space for four additional vehicles at the back.

The property sits on a generous lot measuring 45 X 132 feet, providing plenty of outdoor space for gardening or entertaining. While there is no pool or fireplace, the possibilities for outdoor enjoyment are endless, especially in such a tranquil setting. The location of 34 Floral Avenue, Timmins, is also a significant advantage, as it is situated between Maclean Drive and Waterloo Drive, making it accessible and convenient for daily commuting.

In conclusion, this multi-family home for sale in Timmins represents a remarkable opportunity for savvy buyers or investors looking to capitalise on the potential of a well-located property. With its adaptable layout, income-generating possibilities, and the charm of a quiet neighbourhood, 34 Floral Avenue, Timmins, is truly a smart choice for anyone seeking a versatile and promising investment. Don’t miss out on the chance to make this property your own and explore all the possibilities it has to offer!

The TM - TNW - Algonquin to Jubilee area in Timmins is a vibrant and diverse geographic entity that offers a unique blend of natural beauty and urban convenience. Nestled amidst the stunning landscapes of Northern Ontario, this community features a mix of residential neighbourhoods, parks, and local amenities, all within easy reach of the city centre. The region is characterised by its welcoming atmosphere, with a strong sense of community spirit, making it an ideal place for families and individuals alike. Residents can enjoy a variety of outdoor activities, from hiking and fishing to winter sports, while also benefiting from the conveniences of local shops, schools, and services. With its rich cultural heritage and strong community ties, the TM - TNW - Algonquin to Jubilee area is a wonderful 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 1.4 km away, offering classes from Junior Kindergarten to Grade 6. For older students, R. Ross Beattie Senior Public School is only 0.7 km away, serving Grades 7 and 8. Additionally, Timmins High and Vocational School, located 1.2 km from the property, caters to students in Grades 9 to 12, providing a pathway to higher education and vocational training. For those interested in French-language education, Timmins Centennial Public School is also nearby, situated 1.7 km away and offering classes 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 to these institutions offers a variety of educational options for children of different ages, enhancing the appeal of this property for potential buyers seeking a family-friendly neighborhood.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 442 residents, with an average household size of 2.2 individuals. The community's demographic profile indicates a median age of 38 years and an average household income of $77,000. Approximately 16% of the population is classified as low-income, while 47.22% of residents are single. Households with children make up 29.63% of the community, highlighting a family-oriented environment. The housing market shows an average property price of $184,000, with 32.5% of residents renting their homes and only 5% living in condominiums. Education levels are relatively high, with 40.3% of the population holding a college or university degree. However, a significant portion of the population, 45.45%, is not participating in the labor force, which may indicate a mix of retirees, students, or individuals engaged in other pursuits. Notably, the area has no recorded immigrants, suggesting a stable, homogenous community. Overall, this demographic snapshot reflects a modestly affluent, family-friendly neighborhood with a blend of singles and families, alongside a noteworthy educational attainment level.