564 Maclean Drive Timmins, Ontario P4N 4X1
$439,900
Prime Investment Triplex with Strong Returns. This well-maintained property offers a private yard, double car garage, and abundant parking. It features a spacious 4-bedroom main-floor unit and a 2-bedroom upper unit (both currently tenanted) plus a 2-bedroom basement suite with an office, presently owner-occupied. The building generates $4,800 in monthly rental income, delivering a robust 9% cap rate and an annual NOI of $39,547. An outstanding opportunity for investors or owner-occupants looking for immediate cash flow and established tenants. (id:50886)
Property Details
| MLS® Number | T12432525 |
| Property Type | Multi-family |
| Community Name | TNE - North |
| Equipment Type | Water Heater |
| Features | Irregular Lot Size, Flat Site, Carpet Free |
| Parking Space Total | 6 |
| Rental Equipment Type | Water Heater |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 7 |
| Bedrooms Total | 7 |
| Age | 51 To 99 Years |
| Amenities | Separate Electricity Meters |
| Appliances | Dryer, Two Stoves, Two Washers, Two Refrigerators |
| Basement Development | Finished |
| Basement Features | Apartment In Basement |
| Basement Type | N/a (finished) |
| Exterior Finish | Brick, Vinyl Siding |
| Foundation Type | Block |
| Heating Fuel | Natural Gas |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,500 - 2,000 Ft2 |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| Detached Garage | |
| Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 90 Ft |
| Size Frontage | 90 Ft |
| Size Irregular | 90 X 90 Ft |
| Size Total Text | 90 X 90 Ft |
| Zoning Description | Na-r3 |
Utilities
| Cable | Installed |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/28925495/564-maclean-drive-timmins-tne-north-tne-north
Contact Us
Contact us for more information
Jacques Pepin
Salesperson
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237 Rosemarie Crex
Timmins, Ontario P4P 1C2
(705) 560-5650
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October 21 2025 05:24:39
Timmins Cochrane & Timiskaming District Association of REALTORS®
RE/MAX Crown Realty (1989) Inc