153 Bannerman Avenue Timmins, Ontario P4N 2Y7
$249,900
Experience the perfect blend of stability and long-term growth with this well-positioned triplex, offering immediate and consistent rental income from three fully occupied units. Thoughtfully configured, the property features two spacious, side-by-side units spanning the main and upper levels, along with an additional lower-level apartment currently occupied by a long-term tenant-adding an extra layer of reliability to your investment. Each unit is separately metered for hydro, allowing for straightforward utility management and added efficiency. Existing tenancies provide seamless income continuity from day one, making this an excellent addition to any real estate portfolio. The exterior offers a private backyard space along with dedicated parking-highly desirable features that enhance tenant appeal and contribute to sustained occupancy. This is more than just a multi-unit property-it's a strategic acquisition for the discerning investor seeking cash flow, stability, and future appreciation in one complete package. (id:49269)
Property Details
| MLS® Number | T13115960 |
| Property Type | Multi-family |
| Community Name | TS - SW |
| Equipment Type | Water Heater |
| Parking Space Total | 3 |
| Rental Equipment Type | Water Heater |
| Structure | Shed |
Building
| Bathroom Total | 3 |
| Bedrooms Above Ground | 6 |
| Bedrooms Below Ground | 1 |
| Bedrooms Total | 7 |
| Age | 51 To 99 Years |
| Basement Features | Apartment In Basement |
| Basement Type | N/a |
| Cooling Type | None |
| Exterior Finish | Vinyl Siding |
| Foundation Type | Concrete, Poured Concrete |
| Heating Fuel | Natural Gas |
| Heating Type | Other |
| Stories Total | 2 |
| Size Interior | 2,000 - 2,500 Sqft |
| Type | Triplex |
| Utility Water | Municipal Water |
Parking
| No Garage |
Land
| Acreage | No |
| Sewer | Sanitary Sewer |
| Size Depth | 92 Ft |
| Size Frontage | 40 Ft |
| Size Irregular | 40 X 92 Ft |
| Size Total Text | 40 X 92 Ft|under 1/2 Acre |
| Zoning Description | Na-r3 |
Utilities
| Cable | Available |
| Electricity | Installed |
| Sewer | Installed |
https://www.realtor.ca/real-estate/29738588/153-bannerman-avenue-timmins-ts-sw-ts-sw
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May 24 2026 11:15:40
Timmins Cochrane & Timiskaming District Association of REALTORS®
Revel Realty Inc.