$550,000
Available - For Sale
Listing ID: T14091358
25 Father Costello Drive , Timmins, P0N 1G0, Cochrane
| 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!!!!! |
| Price | $550,000 |
| Taxes: | $2520.00 |
| Assessment Year: | 2025 |
| Occupancy: | Tenant |
| Address: | 25 Father Costello Drive , Timmins, P0N 1G0, Cochrane |
| Directions/Cross Streets: | McIntyre and Father Costello |
| Rooms: | 9 |
| Bedrooms: | 9 |
| Bedrooms +: | 0 |
| Family Room: | F |
| Basement: | Unfinished |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 4 | Main |
| Washroom Type 2 | 4 | Main |
| Washroom Type 3 | 4 | Upper |
| Washroom Type 4 | 4 | Upper |
| Washroom Type 5 | 4 | Upper |
| Washroom Type 6 | 4 | Main |
| Washroom Type 7 | 4 | Main |
| Washroom Type 8 | 4 | Upper |
| Washroom Type 9 | 4 | Upper |
| Washroom Type 10 | 4 | Upper |
| Washroom Type 11 | 4 | Main |
| Washroom Type 12 | 4 | Main |
| Washroom Type 13 | 4 | Upper |
| Washroom Type 14 | 4 | Upper |
| Washroom Type 15 | 4 | Upper |
| Washroom Type 16 | 3 | Main |
| Washroom Type 17 | 3 | Main |
| Washroom Type 18 | 3 | Upper |
| Washroom Type 19 | 3 | Upper |
| Washroom Type 20 | 2 | Upper |
| Washroom Type 21 | 3 | Main |
| Washroom Type 22 | 3 | Main |
| Washroom Type 23 | 3 | Upper |
| Washroom Type 24 | 3 | Upper |
| Washroom Type 25 | 2 | Upper |
| Washroom Type 26 | 3 | Main |
| Washroom Type 27 | 3 | Main |
| Washroom Type 28 | 3 | Upper |
| Washroom Type 29 | 3 | Upper |
| Washroom Type 30 | 2 | Upper |
| Washroom Type 31 | 3 | Main |
| Washroom Type 32 | 3 | Main |
| Washroom Type 33 | 3 | Upper |
| Washroom Type 34 | 3 | Upper |
| Washroom Type 35 | 2 | Upper |
| Total Area: | 0.00 |
| Property Type: | Multiplex |
| Style: | 2-Storey |
| Exterior: | Brick, Metal/Steel Sidi |
| Garage Type: | None |
| Drive Parking Spaces: | 2 |
| Pool: | None |
| Approximatly Square Footage: | 1500-2000 |
| CAC Included: | N |
| Water Included: | N |
| Cabel TV Included: | N |
| Common Elements Included: | N |
| Heat Included: | N |
| Parking Included: | N |
| Condo Tax Included: | N |
| Building Insurance Included: | N |
| Fireplace/Stove: | N |
| Heat Type: | Radiant |
| Central Air Conditioning: | None |
| Central Vac: | N |
| Laundry Level: | Syste |
| Ensuite Laundry: | F |
| Elevator Lift: | False |
| Sewers: | Sewer |
| Utilities-Cable: | Y |
| Utilities-Hydro: | Y |
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Years
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| RIGHT AT HOME REALTY |
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|
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Freehold - Multiplex |
| Area: | Cochrane |
| Municipality: | Timmins |
| Neighbourhood: | SCH - Main Area |
| Style: | 2-Storey |
| Tax: | $2,520 |
| Beds: | 9 |
| Baths: | 5 |
| Fireplace: | N |
| Pool: | None |
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