515 Cedar Street S

Nestled in the heart of Timmins, this delightful Multi-Family Home for sale in Timmins presents a fantastic opportunity for both investors and those looking to establish a comfortable living arrangement while generating rental income. Located at 515 Cedar Street S, Timmins, this property boasts a prime position between Lee Avenue and Moneta Avenue, ensuring easy access to local amenities and the vibrant community of TS - SE.

This charming multiplex, styled as a 1 1/2 storey building, features a bright and airy main floor unit comprising two well-proportioned bedrooms. The upper unit offers an additional bedroom, making this Multi-Family Home for sale in Timmins an ideal choice for families or individuals seeking a bit of extra space. With a total of four bedrooms across the two units, there is ample room for comfortable living. The property also includes two kitchens, allowing for convenient meal preparation and the flexibility to cater to different lifestyles.

The exterior of the property is clad in durable aluminium siding, providing a low-maintenance option that will stand the test of time. The lot measures a generous 45 X 104 feet, offering a large yard that is perfect for outdoor activities, whether for tenants or the owners themselves. While there is no pool or garage space, the property does provide parking for up to four vehicles, ensuring that residents and guests have easy access.

Inside, the home features a total of five rooms, including the two bedrooms in the main unit and the one in the upper unit. Although there is no den or family room, the layout allows for comfortable living arrangements. The bathrooms are conveniently located, with a total of two to serve the needs of both units. It's worth noting that the home is unfurnished, allowing new owners the freedom to personalise the space to their liking.

Heating is provided by a radiant system, ensuring a warm and cosy environment during the colder months. While there is no air conditioning or central vacuum system, the property is equipped with municipal water and sewer services, providing essential utilities for everyday living. Additionally, internet access is available, making it easy for residents to stay connected.

The unfinished basement offers potential for further development, whether for additional storage or as a future living space, depending on the new owner's vision. This aspect adds to the versatility of the Multi-Family Home for sale in Timmins, allowing for future enhancements that could increase its value and appeal.

This property is a perfect opportunity for those looking to live in one unit while renting out the other, giving you the chance to pick your own tenants and set your own rents. The flexibility of this arrangement makes it a lucrative investment for those looking to enter the rental market or expand their existing portfolio.

In summary, 515 Cedar Street S, Timmins, is a well-appointed Multi-Family Home for sale in Timmins that combines practicality with potential. With its spacious layout, ample outdoor space, and the ability to generate rental income, this property is an excellent choice for anyone looking to invest in a vibrant community. Don't miss out on the chance to make this charming duplex your own—whether you're looking to live in one unit and rent the other or simply seeking a solid investment opportunity, this Multi-Family Home for sale in Timmins is worth considering. Come and explore the possibilities that await you at 515 Cedar Street S, Timmins!

TS - SE, located in the city of Timmins, Ontario, is a vibrant and welcoming neighbourhood that offers a unique blend of natural beauty and urban convenience. Nestled amidst the stunning landscapes of Northern Ontario, this area features a mix of residential homes, local amenities, and recreational spaces, making it an ideal place for families and individuals alike. With easy access to parks, walking trails, and nearby lakes, residents can enjoy the great outdoors while still being close to the heart of Timmins, where shops, restaurants, and community services are readily available. The strong sense of community spirit and the friendly atmosphere make TS - SE 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. The closest school is Timmins Centennial Public School, just 0.7 km away, offering French language instruction for grades JK to 8. For older students, R. Ross Beattie Senior Public School is situated 2.1 km from the property, catering to grades 7 and 8, while Timmins High and Vocational School, also 2.7 km away, serves grades 9 to 12. Additionally, Schumacher Public School, located 2.7 km from the home, provides English instruction for grades 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, they offer a range of programs in both English and French, catering to diverse linguistic preferences. The proximity of these schools enhances the appeal of the property, providing families with easy access to quality education options within a short distance.