25 Father Costello Drive, Timmins, ON P0N 1G0

About This Property

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 Overview

• 

  Listing ID

  T14091358

• 

  Type

  Multiplex

• 

  Bedrooms

  9

• 

  Bathrooms

  5

• 

  Size

  1500-2000 sqft

• 

  Transaction

  For Sale

• 

  Kitchens

  5

• 

  Parking

  2 spots

• 

  Garage

  None

• 

  Heat

  Radiant / Gas

• 

  Annual Tax

  $2,520 (2026)

• 

  Lot

  41.51 × 78.96 Feet

Features & Amenities

From Our Gallery (8 photos)

Location