177 Lakeshore Rd
$525,000
$525,000

177 Lakeshore Rd

TNE - Hill District, Timmins, Cochrane $525,000 2

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Studio
0 Baths
5000+ sqft
Parking for 5
N Facing
Zoning: NA-R2
MLS®#:
T11893816
Property Type:
Multiplex
Property Style:
2 1/2 Storey
Area:
Cochrane
Community:
TNE - Hill District
Taxes:
$13,053.59 / 2024
Added:
December 16 2024
Lot Frontage:
49.85
Lot Depth:
114.03
Status:
Active
Outside:
Brick
Year Built:
51-99
Basement:
Unfinished
Brokerage:
ROYAL LEPAGE NORTHERN REALTY LEADERS
Lot (Feet):

114

49

Intersection:
Between John Ave & Rochester Ln
Rooms:
0
Bedrooms:
Studio
Bathrooms:
0
Fireplace:
N
Utilities
Water:
Municipal
Cooling:
None
Heating Type:
Other
Heating Fuel:
Other

Listing Description

Great investment opportunity! This property was formerly used as a 12-unit income property. The current layout may permit up to 13 units, subject to city of Timmins approval. This property is ready for renovation by a skilled handyman or contractor, having been largely stripped down to the studs. Property is being sold "as-is". Projected rental income as a 13-unit property (consisting of 11 one-bedroom units at $1,200/mth & 2 two-bedroom units @ $1,450/mth) would amount to $193,200 annually. A rare opportunity to own an income property with a view of Gillies Lake. Come have a look today! **EXTRAS** Above Grade Square Footage: 6130 , Zoning NA-R2, Hydro - Vacant, Heat - vacant, MPAC 340, water & Sewer is metered

Sale/Lease History of 177 Lakeshore Rd

View all past sales, leases, and listings of the property at 177 Lakeshore Rd.

Neighbourhood

Schools, amenities, travel times, and market trends near 177 Lakeshore Rd
Schools

6 public & 6 Catholic schools serve this home. Of these, 9 have catchments.

Parks & Rec

4 playgrounds, 2 rinks and 9 other facilities are within a 20 min walk of this home.

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TNE - Hill District home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in TNE - Hill District
100%

Insights for 177 Lakeshore Rd

View the highest and lowest priced active homes, recent sales on the same street and postal code as 177 Lakeshore Rd, and upcoming open houses this weekend.

Active Comparisons

Detached | Bungalow Sold Conditionally
2   1   700-1100 sqft   37 Photos
1 km away
2 More beds $245,100 Lower-priced 1 more baths Smaller lot
Detached | Bungalow 81 days ago
2   2   700-1100 sqft   16 Photos
1 km away
2 More beds $255,100 Lower-priced 2 more baths Smaller lot
Detached | Bungalow Sold Conditionally
2   1   700-1100 sqft   29 Photos
1 km away
2 More beds $275,100 Lower-priced 1 more baths Smaller lot
Detached | Bungalow 25 days ago
2   1   700-1100 sqft   1 Photos
1 km away
2 More beds $386,000 Lower-priced 1 more baths Smaller lot
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Sold Homes for Comparison

Detached | Bungalow Sold 23 days ago
2   2   700-1100 sqft   24 Photos
1 km away
2 More beds $256,000 Lower-priced 2 more baths Smaller lot
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)