$370,000
$379,900
2.6%For more information regarding the value of a property, please contact us for a free consultation.
500 Spruce ST S Timmins, ON P4N 2N7
6 Beds
5 Baths
Key Details
Sold Price $370,000
Property Type Multi-Family
Sub Type Fourplex
Listing Status Sold
Purchase Type For Sale
Approx. Sqft 2000-2500
Subdivision Ts - Se
MLS Listing ID T12256562
Sold Date 07/14/25
Style 2-Storey
Bedrooms 6
Building Age 51-99
Annual Tax Amount $3,506
Tax Year 2025
Property Sub-Type Fourplex
Property Description
4-plex plus garage on a great corner lot offered at an incredible cap rate. NET OPERATING INCOME OVER $50,000. This 4-plex generates significant cash flow and features two 1-bedroom units on the 2nd floor, a 2-bed 2-bath unit on the main floor including a primary en-suite and a basement 2-bedroom unit. It also has a detached garage that is currently a standalone tenancy.
Location
State ON
County Cochrane
Community Ts - Se
Area Cochrane
Zoning NA-R2
Rooms
Family Room No
Basement Finished
Kitchen 4
Interior
Interior Features None
Cooling None
Exterior
Parking Features Other
Garage Spaces 1.0
Pool None
Roof Type Shingles
Lot Frontage 40.0
Lot Depth 136.84
Total Parking Spaces 6
Building
Foundation Concrete
Others
Senior Community Yes
ParcelsYN No
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