49 Dale Avenue

Introducing a remarkable opportunity in the heart of Timmins: a Multi-Family Home for sale in Timmins , located at 49 Dale Avenue, Timmins. This impressive five-unit building presents an abundance of potential for investors and those seeking to capitalise on the thriving rental market in the area. With a strategic location at the intersection of Elm Street South and Dale Avenue, this property is situated within the TS - SE community, making it an attractive option for prospective tenants.

The building itself is a well-constructed multiplex featuring a two-storey design, clad in durable stucco plaster. The property boasts a total of 20 rooms, including 10 bedrooms and 6 bathrooms, providing ample space for multiple tenants. Each of the five units has been thoughtfully designed to maximise comfort and functionality. Units A and B each comprise two bedrooms and one bathroom, complete with convenient laundry hookups. Unit C offers a slightly larger layout with two bedrooms, one and a half bathrooms, and a basement recreation room, also equipped with laundry hookups. On the upper level, Units D and E mirror the layout of Units A and B, featuring two bedrooms and one bathroom, with Unit E additionally offering laundry hookups for added convenience.

Currently, four of the five units are vacant, presenting an exceptional opportunity for value-add improvements. This Multi-Family Home for sale in Timmins is primed for transformation into modern, income-generating apartments, allowing for significant rental income potential. The high ceilings throughout the building contribute to a spacious and airy atmosphere, while the three main floor units enjoy direct access to the basement, which is partially finished and could be further developed to enhance the living space.

At 49 Dale Avenue, Timmins, the property is equipped with municipal water and sewer services, ensuring reliable utilities for all tenants. The heating system is forced air, providing efficient warmth during the colder months. However, it is worth noting that the property does not feature air conditioning, a pool, or a fireplace, nor does it come furnished. There is no central vacuum system in place, and the building lacks a garage or designated parking spaces, which may require consideration for potential tenants.

The lot measures an ample 30 by 119 feet, offering enough space for outdoor activities or landscaping, should the new owner wish to enhance the exterior appeal of this Multi-Family Home for sale in Timmins. While there is no additional land included with the property, the current layout and structure provide a solid foundation for future improvements and developments.

In summary, this Multi-Family Home for sale in Timmins at 49 Dale Avenue, Timmins, is a prime investment opportunity that should not be overlooked. With its generous number of bedrooms and bathrooms, coupled with the potential for renovation and increased rental income, this property is ideally suited for those looking to make a mark in the real estate market. The vacant units offer a blank canvas for creative updates, and the building's high ceilings and spacious layout promise a comfortable living environment for future tenants.

Seize the chance to invest in this Multi-Family Home for sale in Timmins and unlock the potential for strong future cash flow. Whether you are an experienced investor or a first-time buyer, 49 Dale Avenue, Timmins, is a property that warrants your attention. Don’t miss out on this exceptional opportunity to enhance your portfolio in a vibrant community.

TS - SE, located in the city of Timmins, Ontario, is a vibrant and welcoming geographic area that offers a unique blend of natural beauty and urban convenience. Nestled amidst the stunning landscapes of Northern Ontario, this community is characterised by its lush green spaces, well-maintained parks, and proximity to the scenic Mattagami River. Residents enjoy a peaceful atmosphere while being just a short distance from the amenities of Timmins, including shops, restaurants, and cultural attractions. With a strong sense of local pride and a diverse population, TS - SE is an ideal place for those seeking a harmonious balance between outdoor adventure and community living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest school is Timmins Centennial Public School, just 0.5 km away, offering a French-language curriculum for grades JK to 8. For older students, R. Ross Beattie Senior Public School is situated 1.7 km from the property, catering to grades 7 and 8. Timmins High and Vocational School, located 2.3 km away, serves grades 9 to 12, providing a pathway for secondary education. Additionally, W. Earle Miller Public School, which is 2.8 km from the property, offers English-language instruction for younger students from JK to 6. 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, their proximity and variety of programs available make them accessible options for families looking to settle in the area. Overall, this property is well-positioned for families prioritizing education, with multiple schooling options within a short distance.