250 Belanger Avenue Timmins, Ontario P4N 2V9
$259,900
Looking for a prime investment or a property to call home? This property is an excellent opportunity, offering the potential for solid cash flow and long-term growth. Perfect for investors who want to take advantage of the 1% Rule in real estate. This well-maintained duplex features a spacious 3 bedroom and 1 bath main floor unit and a 2 bedroom 1 bath basement unit. Ample off street parking for both units, fully fenced in yard with a small storage shed, both units have separate laundry facilities. This property is a fully occupied building providing immediate rental income, making it a compelling option for investors seeking both stability and growth potential. The property's prime location and tenant-ready condition ensure a seamless addition to any portfolio fully tenanted and ready to provide immediate returns. Situated in a highly desirable location, residents enjoy easy access to local amenities, public services, and all the benefits of downtown living. Main floor rents for $1896.25/month, Basement unit rents for$1100/ month. Whether you're an investor looking for consistent cash flow or a homeowner seeking financial assistance from rental income, this duplex is the perfect fit. Don't miss out on this fantastic opportunity! **EXTRAS** Year built 1941, MPAC 301, AGSF 1345, Water & Sewer $1414.22/2024 , Hydro $4741.23/2024, Heat $1261.23/2024 (id:50886)
Property Details
| MLS® Number | T11938164 |
| Property Type | Multi-family |
| Community Name | TS - SW |
| Features | Flat Site |
| Parking Space Total | 2 |
Building
| Bathroom Total | 2 |
| Bedrooms Above Ground | 3 |
| Bedrooms Below Ground | 2 |
| Bedrooms Total | 5 |
| Age | 51 To 99 Years |
| Appliances | Two Stoves, Two Refrigerators |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Exterior Finish | Aluminum Siding, Brick |
| Foundation Type | Block |
| Heating Fuel | Electric |
| Heating Type | Baseboard Heaters |
| Stories Total | 2 |
| Size Interior | 1,100 - 1,500 Ft2 |
| Type | Duplex |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 99 Ft ,7 In |
| Size Frontage | 33 Ft ,10 In |
| Size Irregular | 33.9 X 99.6 Ft |
| Size Total Text | 33.9 X 99.6 Ft|under 1/2 Acre |
| Zoning Description | Na-r3 |
Utilities
| Cable | Available |
| Sewer | Available |
https://www.realtor.ca/real-estate/27836438/250-belanger-avenue-timmins-ts-sw-ts-sw
Contact Us
Contact us for more information
Daniel Dupuis
Salesperson
255 Algonquin Blvd. W.
Timmins, Ontario P4N 2R8
(705) 288-3834
Nancy Gaudet
Broker
255 Algonquin Blvd. W.
Timmins, Ontario P4N 2R8
(705) 288-3834
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March 24 2025 10:15:33
Timmins Cochrane & Timiskaming District Association of REALTORS®
Revel Realty Inc.