2301 Airport Road, Timmins, ON Image 1

$1,199,999

Last price change 6 days ago

Multiplex For Sale
MLS - #T12256882
6 days ago- By REALTY NETWORKS INC.

2301 Airport Road, Timmins, ON P4N 7C3

7 Bed
4 Bath
3000-3500 Sqft.
Detached Garage

Property Description

Property type

Multiplex

Lot size

N/A

Style

Bungalow

Approx. Area

3000-3500 Sqft

About 2301 Airport Road

Rare waterfront investment opportunity on the Mattagami River featuring four residential units, a large three-bay garage, and a commercial-quality hut, all situated on nearly 10 acres of land. The property includes a four-unit residential building with current all-inclusive rents of $1,100, $1,200, and $800, providing steady income. The commercial hut, measuring 60 by 45 feet, is currently leased under a triple net agreement at $3,955 per month, offering excellent cash flow. A standout feature is the large section of land located directly across the river, which is accessible and offers potential for future development, recreational use, or further investment. With multiple income streams, riverfront access, and nearly 10 acres of space, this property presents a unique and versatile opportunity for investors, business owners, or anyone looking to secure a valuable piece of real estate in a scenic and strategic location. Mpac code 313, Hydro $340 monthly, Gas $500 Monthly, water and sewer $0

Home Overview

Last updated

6 days ago

Virtual tour

None

Basement information

Full

Building size

--

Status

In-Active

Property sub type

Multiplex

Maintenance fee

$N/A

Year built

2024

Additional Details

Basement:Full
Cooling:None
Heating:Forced Air
Parking Features:N/A
1
Similar Homes Found
$350,000
Average Price
242.9%
Higher than average

Price Comparison

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Walk Score for 2301 Airport Road

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

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