Sold for:Sold Jun 22, 2026
$359,900

223 Cedar Street N

Timmins (TNE - Central), ON P4N 6J5

Multiplex SoldNot available
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031

Property not available for sale or for rent.

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Sale & Price History for 223 Cedar Street N, Timmins, TNE - Central

2026-06-03
2026-06-22
Sold
Price
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MLS#
t13239070

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 223 Cedar Street N, Timmins, TNE - Central

Summarized Description

  • Renovated two storey duplex with two rental units.
  • Turnkey investment with all furniture included.
  • Gross annual rents of $57,600 from tenants.
  • Central air conditioning and hot water on demand.
  • Ample parking with four spaces available.
  • Centrally located near amenities.
  • Well maintained income property for investors.

Excellent investment opportunity with this renovated two storey duplex offering two spacious 2 bedroom units and nearly 2,000 sq. ft. of living space. Both units are currently rented by a company, generating gross annual rents of $57,600. The property includes all existing furniture and appliances, making it a truly turnkey investment. Features include central air conditioning, hot water on demand, separate hydro meters, and all inclusive rental arrangements. Tenants can enjoy a nice rear deck, while ample parking is provided with two spaces at the front and two additional spaces off the rear laneway. Centrally located close to amenities, this well maintained income property is a fantastic addition to any investment portfolio.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$3,097
Land Transfer Tax Fee
$3,874

Rental Items

Rental Equipment
See Attachments for Expenses.

Basement Type
Full, Unfinished

Interior Features

Interior Extras
Carpet Free, On Demand Water Heater, Water Heater Owned, Storage
Fireplace/Stove
No
Elevator
No

Exterior Features

Exterior Extras
Deck
Pool
None
Other Structures
Shed

Building

Building Type
Multiplex
Building Style
2-Storey

Construction

Exterior Finish
Vinyl Siding
Roof
Asphalt Shingle
Foundation Details
Concrete Block, Poured Concrete
Special Designation
Unknown

Lot

Lot Front
30.00 ft
Lot Depth
112.50 ft
Lot Size
3375

Inclusions

Inclusions
2 fridges, 2 stoves, 2 microwaves, 2 washers, 2 dryers, all existing furniture.

Exclusions

Exclusions
None.

Parking & Garages

Garage Type
None
Garage Spaces
0
Parking Spaces
4
Total Garage And Parking Spaces
4

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer
Natural Gas
Yes
Hydro
Yes
Cable
Available
Telephone
Available

Bedrooms
4
Washrooms
2
Kitchens
2

Room sizes

  • Foyer—
    Main level
  • Living Room—
    Main level
  • Dining Room—
    Main level
  • Kitchen—
    Main level
  • Bedroom—
    Main level
  • Bedroom 2—
    Main level
  • Living Room—
    Second level
  • Dining Room—
    Second level
  • Kitchen—
    Second level
  • Bedroom—
    Second level
  • Bedroom 2—
    Second level
  • Other—
    Second level

Washrooms

  • 4-piece, Main
  • 4-piece, Second

Municipality
Timmins
Neighbourhood
TNE - Central
Main cross streets
Pine ST N & Eighth AVE
Zoning
NA-R3
Directions
Between Seventh AVE & Eighth AVE
Waterfront
None

MLS® number
T13239070
Data source
Toronto Regional Real Estate Board
Status change
2026-06-22
Listed on
2026-06-03
Days on market
19 days
Possession type
Immediate
Co-op commission
2.5%
Seller
Listed by
REVEL REALTY INC.

Home Market Value

Current home valuation for 223 Cedar Street N, Timmins, TNE - Central, Timmins, ON. Listed for $359,900

HOMEH Estimate

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Estimated Sales Range

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HOMEH Estimate for 223 Cedar Street N, Timmins, TNE - Central

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

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Mortgage Payment Calculator

Compare up to 4 down payment scenarios

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Timmins, ON
Minimum Down Payment Required:5.0%

5% of purchase price for homes $500K or less

Minimum down payment

$17,995

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$13,676$10,041$8,566$0
=Total mortgage
$355,581$333,951$314,481$287,920
Amortization
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%
%
%
%
Payment frequency
=Mortgage payment
$1,736monthly$1,631monthly$1,535monthly$1,406monthly
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Land Transfer Tax

Provincial

$3,874

Total Land Transfer Tax

$3,874

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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