68 Father Costello Drive, Timmins, ON
Property Highlights
Welcome to this remarkable 2-Storey multiplex located in the coveted neighborhood of Main Area. Expertly crafted featuring premium vinyl siding construction, this residence presents an exceptional opportunity offered at $349,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 5 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 30 x 90 ft lot
- Features a crawl space basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: None
- Efficient forced air heating via gas
Description
This fully tenanted multi-family property offers a fantastic investment opportunity with two houses on a single lot. The front house contains two units, featuring a three-bedroom apartment (Unit A) rented at $1,993 per month + utilities, and a one-bedroom apartment (Unit B) rented at $750.90 per month + utilities. The back house consists of a single one-bedroom apartment (Unit C) and is rented at $1,422 per month + utilities. 2025 upgrades include a brand-new roof on both houses and full interior paint and refurbishment in Units A and C. A zoning compliance letter and fire retrofit certificate are available.The monthly total rent is $4,166, which is more than the 1% rule. This turn-key property is at a 8.79% Cap Rate. Come and have a look!
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Property Summary
This multiplex located at 68 Father Costello Drive, Timmins is currently for sale and has been available on SousaSells for 74 days. This property is listed at $349,900 with an estimated mortgage of $1,165* per month. It has 5 beds, 3 bathrooms, and is 1500-2000 square feet. 68 Father Costello Drive, Timmins is in the Main Area neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 5 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in Main Area, Timmins.
- •5 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in Main Area, Timmins.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 68 Father Costello Drive, Timmins, ON
Q.What is the asking price for 68 Father Costello Drive, Timmins, ON ?
The current listing price for 68 Father Costello Drive, Timmins, ON in Main Area, Timmins is $349,900.
Q.How many bedrooms and bathrooms does this property have?
This property features 5 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 68 Father Costello Drive, Timmins, ON ?
68 Father Costello Drive, Timmins, ON is a Multiplex (2-Storey) featuring a Crawl Space basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 2.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via None.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Main Area, Timmins
8 assaults (30.0/100k)
8 B&E (30.0/100k)
10 thefts (35.0/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 68 Father Costello Drive, Timmins, ON P0N 1G0
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Timmins, ON
For a property listed at $349,900 in Timmins, the legal minimum down payment is $17,495 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $3,724 for this transaction. As this listing is in Timmins (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,724.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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