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$550,000

25 Father Costello Dr

Timmins, Ontario

25 Father Costello Dr photo 1
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Beds

9

Baths

5

Sqft

1,500

Type

Multiplex

About this Property

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!!!!!

Listing Details

MLS #
T14091358
Board
PROPTX
Market
ontario
Property Type
Multiplex
Style
2-Storey
Garage
None
Parking Spaces
2
Basement
Unfinished
Heating
Radiant
Cooling
None
Pool
None
Lot Size
41.51 × 78.96 ft
Annual Taxes
$2,520/yr
Listed By
RIGHT AT HOME REALTY
Listed On
October 17, 2026

Features & Extras

Extras

Fridge x5, Stove x5, Coin Operated Washer(1) and Dryer (1)

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