$324,999
For sale: Multiplex

Versatile Duplex with Excellent Income Potential! This property features two separate 2-bedroom units, with each level offering its own kitchen and full bathroom. The main-floor unit provides a practical and comfortable layout, while the upper unit offers an additional independent living space. The basement has its own separate rear entrance and an existing powder room, creating exciting potential for additional living space or a possible third rental unit, subject to municipal approvals and applicable regulations. An appealing opportunity for investors, multi-generational families, or buyers looking to offset their mortgage with rental income. Convenient Timmins location with easy access to local amenities.
Sold data
Multiplex homes in Timmins (TNE - Central) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 18 days and the slowest quarter taking more than 60, across 60 recorded sales.
The median sale price was $269,900.
Homes sold for about 4.3% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 23% of sellers reduced their price before finding a buyer.
Based on 60 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Timmins (TNE - Central) has 8 Fraser Institute–rated schools (5 elementary and 3 secondary), averaging 4.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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