Back to Listings
$447,000
314 Birch St N
Timmins, Ontario
1 / 4
Beds
7
Baths
4
Sqft
1,100
Type
Multiplex
About this Property
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
Listing Details
- MLS #
- T13863352
- Board
- PROPTX
- Market
- ontario
- Property Type
- Multiplex
- Style
- 2-Storey
- Garage
- Attached
- Garage Spaces
- 1
- Parking Spaces
- 4
- Basement
- Apartment, Sep Entrance
- Heating
- Baseboard
- Cooling
- None
- Pool
- None
- Lot Size
- 60.01 × 112.5 ft
- Annual Taxes
- $5,244/yr
- Listed By
- GLOBAL BRICKS REALTY
- Listed On
- October 5, 2026
Room Measurements
| Room | Level | Size |
|---|---|---|
| Br | Main | 1.45 × 1.33 m |
Request information
A REMAX Hallmark® representative will follow up with you.