141 Balsam Street, Timmins, ON
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Property Highlights
Welcome to this remarkable 2-Storey duplex located in the coveted neighborhood of TNE - Central. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $238,800 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 29 x 120 ft lot
- Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Storage, Water Meter
- Efficient forced air heating via gas
Description
Investor's Dream & First-Time Buyer's Delight! Discover the ultimate income-generating gem with this duplex, perfect for investors and first-time buyers alike. Each unit boasts two spacious bedrooms, private laundry facilities, and access to a beautifully maintained garden. Enjoy the convenience of being just a short walk away from grocery stores, restaurants, and public transportation. Plus, there's even more potential to maximize your investment with a partially finished basement, already featuring a bedroom and bathroom perfect for a third unit! Seize this incredible opportunity today! Property code is 332, Zoning: NA-R3, Water Meter Installed (water & sewer approx. $85/month). Separate Hydro meters for each unit, New Water Meter Installed, Gas Furnace (2022), Existing furniture included in.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 141 Balsam Street N, Timmins, ON P4N 6G8
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Timmins, ON
For a property listed at $238,800 in Timmins, the legal minimum down payment is $11,940 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,113 for this transaction. As this listing is in Timmins (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,113.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
