$ 479.000

242 244 248 Cedar St S, Timmins

10 Photos

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 2

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 3

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 4

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 5

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 6

242 244 248 Cedar St S, Timmins, ON P4N2H1 Photo 7

Bedrooms: 6
Bathrooms: 4
MLS®: x8229540

Type: Fourplex
Added: 20 days ago

Property Details

Attention Investors! Renovated fourplex featuring two updated units and ten parking spaces. The property consists of two 1-bedroom units on the second floor and a spacious 3-bedroom unit on the main floor, which can potentially be divided into two separate units. Additional storage space is available in the basement. The fourth unit, a 1-bedroom, is located in a separate back house. Significant upgrades include new windows, electrical, and plumbing systems. The sale includes two lots, and three units is currently occupied. Projected rental income is $6500 per month.Please provide 48 hours notice for all showings. (id:1945)

Best Mortgage Rates

Property Information

Heating: Baseboard heaters, Electric
Stories: 2
Basement: Unfinished, N/A
Utilities: Electricity
Photos Count: 10
Parking Total: 10
Bedrooms Total: 6
Structure Type: Fourplex
Street Dir Suffix: South
Tax Annual Amount: 3955.52
Exterior Features: Vinyl siding
Lot Size Dimensions: 61.7 x 99.68 FT

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Nearby Places

Name	Type	Address	Distance
CJWT-FM	On March 4, 2016, the CRTC approved Wawatay's appl...		0.3 km
CKTT-FM	Exemption order for low-power radio stations that ...		0.4 km
Timmins	The city's economy is based on natural resource ex...		0.5 km
Timmins	Locality	Timmins	0.6 km
Tim Hortons	Cafe	400 Algonquin Blvd E	0.7 km
Days Inn & Conference Centre - Timmins	Lodging	14 Mountjoy St S	0.7 km
Hollinger Park	The park is located on the site of what was once M...		0.8 km
Shania Twain Centre	It exhibited memorabilia, awards and other persona...		1.0 km
Gillies Lake	A boardwalk offers wheelchair access avoiding a hi...		1.5 km
Super 8 Timmins	Lodging	730 Algonquin Blvd E	1.5 km
Comfort Inn Timmins	Lodging	939 Algonquin Blvd E	1.7 km
O'Gorman High School	School	150 George St	1.7 km

Similar undefineds Stat in Timmins

We have found 2 undefined that closely match the specifications of the property located at 242 244 248 Cedar St S with distances ranging from 2 to 1 kilometers away. The prices for these similar properties vary between 370,000 and 390,000, providing a good range for comparison. Moreover, we have also discovered that there are a few open undefined in the P4N2H1 postal code area of Timmins Ontario Canada.

242 244 248 Cedar St S mortgage payment

Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 242 244 248 Cedar St S. The current price of the property is $479,000, and the mortgage rate being used for the calculation is 4.44%, which is a competitive rate offered by Ratehub.ca. Assuming a conventional mortgage with a 20% down payment, the total amount borrowed would be $383,200. This would result in a monthly mortgage payment of $2,240 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree	20
University / Below bachelor level	10
College	30
University degree at bachelor level or above	30

Neighbourhood Marital Status Stat

Married	100
Widowed	45
Divorced	75
Separated	30
Never married	165
Living common law	65
Married or living common law	165
Not married and not living common law	315

Neighbourhood Construction Date

1961 to 1980	75
1981 to 1990	20
1991 to 2000	25
2006 to 2010	10
1960 or before	195

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