37 Way St, Timmins

37 Way St, Timmins, ON P4N3C4 Photo 1

1 Photos

  • Living area: 1800 sqft
  • MLS®: tm240784
  • Added: 12 days ago

Property Details

Investment Opportunity: Well-Maintained Triplex with Strong Rental Income! Welcome to this meticulously maintained triplex offering three distinct units, each with its own charm and rental appeal. Situated in a desirable location, this property presents an excellent investment opportunity for savvy investors seeking stable rental income. Prime Location: Conveniently located in a sought-after area, close to amenities, public transit, and major thoroughfares. - **Unit 1:** Charming one-bedroom apartment currently rented for $635 per month. - **Unit 2:** Spacious one-bedroom apartment with hydro included, generating rental income of $900+ per month. - **Unit 3:** Impressive main floor three-bedroom unit rented for $1700 per month, providing ample space for comfortable living. (id:1945)

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Property Information

  • Sewer: Municipal sewage system
  • Heating: Forced air
  • List AOR: Timmins
  • Stories: 2
  • Basement: Full
  • Utilities: Natural Gas, Electricity, Cable, Telephone
  • Directions: Off Mountjoy south
  • Living Area: 1800
  • Photos Count: 1
  • Water Source: Municipal water
  • Parcel Number: 654221747
  • Structure Type: Multi-Family
  • Parking Features: Gravel
  • Tax Annual Amount: 2309
  • Community Features: Bus Route
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Nearby Places

Name Type Address Distance
Timmins At the time of the Canada 2011 Census, its populat... 0.4 km
Days Inn & Conference Centre - Timmins Lodging 14 Mountjoy St S 0.6 km
CJWT-FM Owned by the Wawatay Native Communications Society... 0.7 km
Timmins Locality Timmins 0.8 km
CKTT-FM Owned by Tri-Tel Communications, the station was g... 0.8 km
Tim Hortons Cafe 400 Algonquin Blvd E 1.1 km
Hollinger Park and Brunette Road (formerly Park Road)... 1.3 km
Shania Twain Centre It exhibited memorabilia, awards and other persona... 1.4 km
O'Gorman High School School 150 George St 1.7 km
O'Gorman High School (Timmins) O'Gorman Intermediate School, which is located dow... 1.7 km
Gillies Lake It is served by a publicly accessible 2.5 kilometr... 1.9 km
Super 8 Timmins Lodging 730 Algonquin Blvd E 2.0 km
37 Way St mortgage payment
Based on the given information, we can estimate the monthly mortgage payment for someone interested in purchasing the property located at 37 Way St. The current price of the property is $279,900, 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 $223,920. This would result in a monthly mortgage payment of $1,309 over a 25-year amortization period.

Demographic Information

Neighbourhood Education

Bachelor's degree 10
Certificate of Qualification 25
College 135
University degree at bachelor level or above 10

Neighbourhood Marital Status Stat

Married 215
Widowed 40
Divorced 30
Separated 10
Never married 130
Living common law 105
Married or living common law 325
Not married and not living common law 210

Neighbourhood Construction Date

1961 to 1980 90
1981 to 1990 10
1991 to 2000 15
2006 to 2010 10
1960 or before 190
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