$298,000
↓ $21,900 from $319,900
Est. payment $1,319/moCalculate yours
189 Balsam Street S, Timmins, ON P4N 2E1
TS - SE, Timmins, ON P4N 2E1
- 7 Beds
- 3 Baths
- 1,500 Sq Ft
Listing courtesy of REALTY NETWORKS INC. MLS® T13871388
About this home
Great investment opportunity! This three-unit, legal duplex offers strong income in a convenient central location. The property features a spacious four-bedroom apartment currently rented for $1,800 all-inclusive, a one-bedroom unit rented at $1,280 per month, and a two-bedroom unit rented for $1,000 all-inclusive. With plenty of on-site parking and steady rental income, this is an excellent opportunity for investors or owner-occupiers looking to offset living expenses. PAC Code: 322 Hydro: $230 per month Gas: $128 per month Water: $2,949 per year
Property details
Overview
- Property Type
- Duplex
- Style
- 1 1/2 Storey
- For
- For Sale
- Status
- New
- Size
- 1,500 sqft
Interior
- Bedrooms
- 7
- Bathrooms
- 3
- Kitchens
- 3
- Basement
- Full
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- None
- Exterior
- Stucco (Plaster)
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 30 x 71.6 Feet
- Parking
- None garage · 4 total
- Zoning
- NA-R3
Financial
- Property Taxes
- $2,351 (2026)
Location
- Neighbourhood
- TS - SE
- Cross Street
- First Ave
- Direction Faces
- West
Listing
- MLS® Number
- T13871388
- Days on Market
- 11
- Listed On
- 2026-10-07
- Possession
- ASAP
- Listed By
- REALTY NETWORKS INC.
Features
Interior
- None
Pool
- None
- Included
- 2 fridges, 2stoves, 2 washer and 2 dryers
- Rental items
- 2 Hot water tanks rented at $51 per month
Mortgage calculator
Estimated mortgage payment
$1,319 per month
- Principal and interest
- $1,319
- Property tax
- $196
- Condo fees
- $0
- Estimated monthly cost
- $1,515
Your mortgage
- Mortgage amount
- $238,400
- Mortgage insurance
- Not needed
- Interest over 25 years
- $157,444
Cash to close
- Down payment
- $59,600
- Land transfer tax
- $2,945
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $62,545
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
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