$447,000
Est. payment $1,979/moCalculate yours
314 Birch Street N, Timmins, ON P4N 6S6
TNE - Central, Timmins, ON P4N 6S6
- 4 + 3 Beds
- 4 Baths
- 1 Garage
- 1,100 Sq Ft
Listing courtesy of GLOBAL BRICKS REALTY MLS® T13863352
About this home
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
Property details
Overview
- Property Type
- Multiplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 1,100 sqft
Interior
- Bedrooms
- 4 + 3
- Bathrooms
- 4
- Kitchens
- 4
- Basement
- Apartment, Separate Entrance
Building & Systems
- Heating
- Baseboard (Electric)
- Cooling
- None
- Exterior
- Vinyl Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 60.01 x 112.5 Feet
- Parking
- Attached garage · 4 total
- Zoning
- NA-R3
Financial
- Property Taxes
- $5,244 (2026)
Location
- Neighbourhood
- TNE - Central
- Cross Street
- Birch St N & Ninth Ave
- Direction Faces
- East
Listing
- MLS® Number
- T13863352
- Days on Market
- 13
- Listed On
- 2026-10-05
- Possession
- TBA
- Listed By
- GLOBAL BRICKS REALTY
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
- Excluded
- Tenants belongings
- Rental items
- 3 hot water tank rented $42.44/month
Mortgage calculator
Estimated mortgage payment
$1,979 per month
- Principal and interest
- $1,979
- Property tax
- $437
- Condo fees
- $0
- Estimated monthly cost
- $2,416
Your mortgage
- Mortgage amount
- $357,600
- Mortgage insurance
- Not needed
- Interest over 25 years
- $236,166
Cash to close
- Down payment
- $89,400
- Land transfer tax
- $5,415
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $94,815
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
This photo could not be loaded.