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$550,000
Status: For Sale
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!!!!!
| Property Type | :Residential Freehold |
|---|---|
| MLS Number | :T14091358 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :18 Oct, 2026 (5 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Cochrane |
|---|---|
| Postal Code | : P0N 1G0 |
| Price | : $550,000 |
|---|---|
| Property Taxes | :$2520.0 |
| Tax Year | :2026 |
|---|
| Bedrooms | :9 + |
|---|---|
| No. of Rooms | :9 |
| Heating | :Radiant |
| Cross Street | :McIntyre and Father Costello |
| Bathrooms | :5 |
|---|---|
| Fuel | :Gas |
| Approx Square Footage | :1500-2000 sqft |
| Fireplace/Stove | :Yes |
| Exterior Finish | :Brick, Metal/Steel Siding |
|---|---|
| Parking Space | :2 |
| Basement | :Unfinished |
18 Oct, 2026
TREB #T14091358
Listed
$550000.0
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