177 Lakeshore Rd, Timmins TNE - Hill District
Cashback ~$5,063
Cashback ~$5,063
$525,000
$630,000
177 Lakeshore Rd, Timmins TNE - Hill District
Multiplex
Property type
0
Bedrooms
0
Bathrooms
TNE - Hill District
Community name
Property details
Status
Active
Square feet
5000
Building type
2 1/2 Storey
Roof
Unknown
A/C
None
Heating
Other
Foundation
Poured Concrete
Pool
None
Lot size
49.85 X 114.03
Construction
Brick
Parking spaces
5
Age
51
Days on market
46
Updated on
2025-01-31, 8:48 p.m.
MLS® number
T11893816
Description
Great investment opportunity! This property was formerly used as a 12-unit income property. The current layout may permit up to 13 units, subject to city of Timmins approval. This property is ready for renovation by a skilled handyman or contractor, having been largely stripped down to the studs. Property is being sold "as-is". Projected rental income as a 13-unit property (consisting of 11 one-bedroom units at $1,200/mth & 2 two-bedroom units @ $1,450/mth) would amount to $193,200 annually. A rare opportunity to own an income property with a view of Gillies Lake. Come have a look today!
$5,063 for this home
Justo provides you half of the agent’s commission on the sale.
Listed by: ROYAL LEPAGE NORTHERN REALTY LEADERS
Note: All the listing related information herein is deemed reliable but not guaranteed accurate by TRREB®, CREB® or MLS®. It is from sources deemed reliable, but should not be relied upon without independent verification.
Cashback ~$5,063
$525,000
177 Lakeshore Rd, Timmins TNE - Hill District