556 Spruce Street S Timmins, Ontario P4N 2N9

5 Bedroom 3 Bathroom 1,500 - 2,000 ft2
None Forced Air

$229,900

Excellent opportunity to own a versatile and income-generating duplex in a quiet, family-friendly neighbourhood. This solid property features a spacious 2+1 bedroom main unit and a well-appointed 2 bedroom upper unit, offering flexibility for both investors and owner-occupants alike. Situated on a generous 40 x 124 ft lot, the property backs onto a laneway with a wooded area beyond - providing added privacy. Recent updates include an updated furnace and electrical panel, giving peace of mind and reducing immediate capital expenses. The partially finished basement presents possible potential for a third unit, making this an even stronger long-term investment. With the property currently vacant, you have the rare advantage of setting your own rents or customizing the space to suit your needs from day one. Additional features include parking for two vehicles in the front driveway and a layout ideal for multi-generational living or rental income. Whether you're looking to live in one unit and offset your mortgage, or expand your real estate portfolio, this property is packed with potential and ready for your vision. (id:23304)

Property Details

MLS® Number T12900998
Property Type Multi-family
Community Name TS - SE
Equipment Type Water Heater - Electric, Water Heater
Parking Space Total 2
Rental Equipment Type Water Heater - Electric, Water Heater
Structure Porch

Building

Bathroom Total 3
Bedrooms Above Ground 4
Bedrooms Below Ground 1
Bedrooms Total 5
Basement Development Partially Finished
Basement Features Separate Entrance
Basement Type N/a (partially Finished), N/a
Cooling Type None
Exterior Finish Vinyl Siding
Foundation Type Block
Half Bath Total 1
Heating Fuel Natural Gas
Heating Type Forced Air
Stories Total 2
Size Interior 1,500 - 2,000 Ft2
Type Duplex
Utility Water Municipal Water

Parking

No Garage

Land

Acreage No
Sewer Sanitary Sewer
Size Depth 120 Ft ,4 In
Size Frontage 40 Ft
Size Irregular 40 X 120.4 Ft
Size Total Text 40 X 120.4 Ft|under 1/2 Acre
Zoning Description Na-r2

Rooms

Level Type Dimensions
Second Level Kitchen 3.49 m x 2.78 m
Second Level Primary Bedroom 3.68 m x 3.45 m
Second Level Bedroom 2 3.17 m x 2.31 m
Second Level Living Room 3.47 m x 3.26 m
Basement Bedroom 3 3.24 m x 3.08 m
Ground Level Living Room 3.56 m x 3 m
Ground Level Dining Room 3.83 m x 3.19 m
Ground Level Kitchen 3.89 m x 2.77 m
Ground Level Primary Bedroom 3.39 m x 3.03 m
Ground Level Bedroom 2 2.91 m x 1.86 m

Utilities

Cable Available
Electricity Installed
Sewer Installed

https://www.realtor.ca/real-estate/29493026/556-spruce-street-s-timmins-ts-se-ts-se

Scott Bragagnolo
Broker

(705) 266-6180

Claimpost Realty Ltd
690 Riverpark Rd., Unit 405
Timmins, Ontario P4P 1B4

(705) 264-5364

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