$229,900

556 Spruce Street, Timmins, ON
MLS#:T12900998
5 beds
3 baths
1500-2000 sqft
2.0 parking
Residential Freehold

Description

Excellent opportunity to own a versatile and income-generating duplex in a quiet, family-friendly neighbourhood. This solid property features a spacious 2+1 bedroom main unit and a well-appointed 2 bedroom upper unit, offering flexibility for both investors and owner-occupants alike. Situated on a generous 40 x 124 ft lot, the property backs onto a laneway with a wooded area beyond - providing added privacy. Recent updates include an updated furnace and electrical panel, giving peace of mind and reducing immediate capital expenses. The partially finished basement presents possible potential for a third unit, making this an even stronger long-term investment. With the property currently vacant, you have the rare advantage of setting your own rents or customizing the space to suit your needs from day one. Additional features include parking for two vehicles in the front driveway and a layout ideal for multi-generational living or rental income. Whether you're looking to live in one unit and offset your mortgage, or expand your real estate portfolio, this property is packed with potential and ready for your vision.

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Key Features

Bedrooms
5
Bathrooms
3
Kitchens
2
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateApril 7, 2026
Sold price information is available to members only
Listed Date3/19/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDuplex
ConstructionVinyl Siding
Lot Size40 × 120.42 Feet
CountyCochrane
Annual Tax$3,164.72
Legal DescriptionPCL 5125 SEC WAT SRO; LT 149 PL M63T TISDALE RESERVING TO THE ONTARIO NORTHLAND TRANSPORTATION COMMISSION THE RIGHT TO CROSS SAID LAND IN ACCORDANCE WITH THE TERMS OF AN ORDER OF THE LIEUTENANT-GOVERNOR IN COUNCIL, DATED 22ND FEBRUARY, 1909; CITY OF TIMMINS

Parking & Garage

Parking Spaces2.0
Garage Spaces2
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
Cooling["None"]

Features

Property Features

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Community Features

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Property History

No historical data available for this property.

This could be the first listing for this address.

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