68 Father Costello Drive
Timmins (SCH - Main Area), ON P0N 1G0
- 5Bedrooms
- 3Bathrooms
- 2Parking
- 1500–2000Sq Ft
- $2,063Tax
- 30×90 ftLot Size
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 68 Father Costello Drive, Timmins, SCH - Main Area
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About 68 Father Costello Drive, Timmins, SCH - Main Area
Summarized Description
- Investment opportunity with multi-family units.
- Fully tenanted with consistent rental income.
- Turn-key property with recent upgrades.
- Brand-new roof and interior refurbishments.
- Zoning compliance and fire safety certifications.
- Total monthly rent exceeds 1% rule.
- Attractive 8.79% Cap Rate for investors.
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,063
- Land Transfer Tax Fee
- $3,724
Rental Items
- Rental Equipment
- 1 HWT @ $22.59/mth. 1 Furnace @ $106.21/mth (starting in Aug 2026).
- Basement Type
- Crawl Space
Interior Features
- Interior Extras
- None
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Pool
- None
Building
- Building Type
- Multiplex
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Vinyl Siding
- Roof
- Asphalt Shingle
- Foundation Details
- Poured Concrete
- Special Designation
- Unknown
Lot
- Lot Front
- 30.00 ft
- Lot Depth
- 90.00 ft
Exclusions
- Exclusions
- Tenants belongings
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 2
- Total Garage And Parking Spaces
- 2
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- None
- Water
- Municipal
- Sewers
- Sewer
- Natural Gas
- Yes
- Hydro
- Yes
- Cable
- Available
- Telephone
- Available
- Bedrooms
- 5
- Washrooms
- 3
- Kitchens
- 3
Washrooms
- 4-piece, Main
- 4-piece, Main
- 4-piece, Second
- Area
- Cochrane
- Municipality
- Timmins
- Neighbourhood
- SCH - Main Area
- Main cross streets
- Father Costello Dr & Grant St
- Zoning
- NA-R3
- Directions
- Between Grant St & Aura Lake St
- Waterfront
- None
- MLS® number
- T13455878
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-09-16
- Listed on
- 2026-06-16
- Days on market
- 92 days
- Possession type
- Other
- Co-op commission
- 2.5%
- Seller
- Listed by
- ROYAL LEPAGE NORTHERN REALTY LEADERS
Home Market Value
Current home valuation for 68 Father Costello Drive, Timmins, SCH - Main Area, Timmins, ON. Listed for $349,900
HOMEH Estimate
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Estimated Sales Range
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HOMEH Estimate for 68 Father Costello Drive, Timmins, SCH - Main Area
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
5% of purchase price for homes $500K or less
$17,495
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $13,296 | $9,762 | $8,328 | $0 |
=Total mortgage | $345,701 | $324,672 | $305,743 | $279,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $1,688monthly | $1,585monthly | $1,493monthly | $1,367monthly |
Land Transfer Tax
$3,724
$3,724
Around this home
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