68 Father Costello Drive

CAD 399,900
For Sale

Property Details

Bedrooms

5

Bathrooms

3

Property Type

Tenant

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. Come and have a look!

Location

Address

68 Father Costello Drive

City

Timmins

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