• 416-845-9558
  • estateofchoice@gmail.com
Sandeep Mehra
Realtor
Pontis Realty Inc., Brokerage
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Sandeep Mehra
Realtor
  • Home
  • About
  • Properties
  • Calculator
    • Land Transfer Tax Calculator
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    • Mortgage Affordability Calculator
    • CMHC Premium Calculator
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314 Birch Street N, Timmi...

Cochrane, P4N 6S6
  • 1100-1500 Sq-Ft
  • 7 Bedrooms
  • - Garage
  • 4 Bathroom
Start From
$ 447,000

Descripation

Well-maintained 4-unit multiplex on a large lot with laneway access and a detached garage.Features two 2-bedroom units on the main floor, one 2-bedroom and one 1-bedroom unit in thebasement. All units are occupied with tenants paying rent on time. Recent updates include newdoor seals throughout, plus a new door, windows, flooring, fridge, and paint in Unit 4 (Feb.2023). Awning installed for Unit 3 in Nov. 2023. Baseboard heating; hydro and heat paid bytenants. Gross annual income of approximately $49,020 an attractive 7% to 8% cap rate,including garage rental. Great income-producing investment opportunity

Essential Information

  • Price: $447000
  • For: Residential Freehold
  • Property Types: Multiplex
  • Area: 1100-1500 SQFT
  • Country: CA
  • City: Timmins
  • Garages:
  • Bedrooms: 7
  • Bathrooms: 4

Amenities

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Pontis Realty Inc., Brokerage
  • 7275 Rapistan Court, Mississauga, Ontario L5N 5Z4
  • 416-845-9558
  • estateofchoice@gmail.com

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