521 Princess Street, Timmins, ON
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Property Highlights
Welcome to this remarkable 2-Storey detached located in the coveted neighborhood of Porcupine - East. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $489,000 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.
- 3 Bedrooms and 4 Bathrooms
- Generous living space spanning 1500-2000 sqft on a premium 49.96 x 130.68 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available with a convenient attached configuration
- Notable attributes: Water Heater
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
This beautiful 2-storey home is located on a large 49.9 foot x 130.7 foot lot in Porcupine. Featuring an attached garage, fully fenced yard and a huge deck. This home boasts a main floor laundry, large living room, dining room and spacious kitchen. The upstairs has the primary bedroom with a 4 piece ensuite, 2 bedrooms and a 4 piece bathroom. Rec room in the basement, as well as a room that can be used as a bedroom or office. Updates include front door, patio doors, 4 main floor windows (2022), Wall mounted ductless AC unit in master (2022)Second floor windows in the front of the house (2023), gazebo (2023) second floor windows in the back of the house (2024), main floor flooring, upstairs hallway and staircase Jan 2024.
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Pricing & Value Insights
Data-driven valuation for 521 Princess Street, Timmins, ON P0N 1C0
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About Purchasing a Home in Timmins, ON
For a property listed at $489,000 in Timmins, the legal minimum down payment is $24,450 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 $6,255 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 $6,255.
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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.
