314 BIRCH STREET N, Timmins (TNE - Central)
$447,000
For sale: Multiplex
- Property type
- Multiplex
- Bedrooms / bathrooms
- 7 bedrooms, 4 bathrooms
- Living area
- 1,500 sqft
- MLS®
- MLS® T13863352
- Neighbourhood
- TNE - Central
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
Sold data
Homes in Tne Central — recent sold market
Homes in Tne Central took a median of 20 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 47, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 22 days.
The median sale price was $249,900.
Sellers typically achieved close to their full asking price.
About 47% of sales closed above the list price.
Around 9% of sellers reduced their price before finding a buyer.
- Median days to sell
- 20
- Median sale price
- $249,900
- Sale-to-list ratio
- 100.0%
- Sold above asking
- 47%
Based on 34 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
Schools in Timmins (TNE - Central)
Timmins (TNE - Central) has 8 Fraser Institute–rated schools (5 elementary and 3 secondary), averaging 4.2/10.
- Rated schools
- 8
- Elementary
- 5
- Secondary
- 3
- Average rating
- 4.2 / 10
Top-rated schools in Timmins (TNE - Central)
- Lionel-Gauthier — elementary, TimminsFraser rating 6.7/10
- O'Gorman — secondary, TimminsFraser rating 5.3/10
- Don-Bosco — elementary, TimminsFraser rating 4.4/10
- Theriault — secondary, TimminsFraser rating 4.4/10
- W Earle Miller — elementary, TimminsFraser rating 4.3/10
- Timmins — secondary, TimminsFraser rating 3.7/10
School ratings from the Fraser Institute's Ontario school report cards.
Currently for sale
Homes for sale near 314 BIRCH STREET N
$550,000
Multiplex951,500–2,000 sqft25 FATHER COSTELLO DRIVE, SCH - Main Area, Timmins
$689,900
Detached531,500–2,000 sqft2425 FRONTENAC Street, Sudbury
$639,900
Detached441,500–2,000 sqft1243 Hawthorne Drive, Sudbury
$539,900
Detached431,500–2,000 sqft212 Riverside Drive W, Dowling
$750,000
Detached631,500–2,000 sqft4256 Heritage Drive, Hanmer
$549,900
Detached431,100–1,500 sqft107 Lindsley Street, Greater Sudbury
$899,900
Detached532,500–3,000 sqft110 Armstrong Road, Coniston
$599,000
Detached522,000–2,500 sqft1291 Lakewood Drive, Sudbury