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Est. payment /mo
New
25 Father Costello DR Timmins, ON P0N 1G0
9 Beds
5 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Multiplex
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1500-2000
Subdivision Sch - Main Area
MLS Listing ID T14091358
Style 2-Storey
Bedrooms 9
Annual Tax Amount $2,520
Tax Year 2026
Property Sub-Type Multiplex
Property Description
This exceptional turn-key investment LEGAL 5PLEX is generating a generous income the moment you close. Featuring a meticulously maintained with modern electrical, plumbing, and HVAC systems means low maintenance and long-term peace of mind. All Five Units are Tenanted by A++ tenants. Professional property management is already in place and available to be retained, ensuring a seamless transition with no gaps in cash flow. This Multiplex has Annual Gross Rental of Income of $80,640; NOI of $53,688 and a Cap Rate of 10%. The monthly Cash Flow is $2,153 and an ROI of 23.5% . Take part in the very rapid growth of Timmins brought about by opening of new mines. Current Rental Vacancy is 2%. Rare, renovated, and revenue-ready - don't miss this!!!!!
Location
Province ON
County Cochrane
Area Cochrane
Zoning EA-CG
Rooms
Family Room No
Basement Unfinished
Kitchen 5
Interior
Interior Features None
Cooling None
Inclusions Fridge x5, Stove x5, Coin Operated Washer(1) and Dryer (1)
Exterior
Pool None
Roof Type Membrane
Lot Frontage 41.51
Lot Depth 78.96
Total Parking Spaces 2
Building
Foundation Block
Others
Senior Community No
Security Features None
ParcelsYN No
Listed by RIGHT AT HOME REALTY