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)
| 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 |
| 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 |
| No Garage |
| 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 |
| Level | Type | Length | Width | Dimensions |
|---|---|---|---|---|
| Second Level | Kitchen | 3.49 m | 2.78 m | 3.49 m x 2.78 m |
| Second Level | Primary Bedroom | 3.68 m | 3.45 m | 3.68 m x 3.45 m |
| Second Level | Bedroom 2 | 3.17 m | 2.31 m | 3.17 m x 2.31 m |
| Second Level | Living Room | 3.47 m | 3.26 m | 3.47 m x 3.26 m |
| Basement | Bedroom 3 | 3.24 m | 3.08 m | 3.24 m x 3.08 m |
| Ground Level | Living Room | 3.56 m | 3 m | 3.56 m x 3 m |
| Ground Level | Dining Room | 3.83 m | 3.19 m | 3.83 m x 3.19 m |
| Ground Level | Kitchen | 3.89 m | 2.77 m | 3.89 m x 2.77 m |
| Ground Level | Primary Bedroom | 3.39 m | 3.03 m | 3.39 m x 3.03 m |
| Ground Level | Bedroom 2 | 2.91 m | 1.86 m | 2.91 m x 1.86 m |
| 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) 264-5364
Owning a home is a keystone of wealth… both financial affluence and emotional security.