261 N Elm Street N main & basement, Timmins

$165,000
261 N Elm Street N main & basement

$165,000

New
24d
Duplex1 1/2 Storey

261 N Elm Street N main & basement, Timmins

Total Monthly Obligation $1,272

HausQ Valuation Report
Beds
4
Baths
2
Park
3
Sqft
700-1100
DOM
24d
Score
83
Yield
16.7%
Cash on Cash
42.1%
Cap Rate
13.6%
5Y IRR
51.2%
10Y IRR
47.2%
Property Type-Duplex
MLS® Number-T13841818
Beds-4
Bathrooms-2
Size-700-1100 sqft
Lot Size-30 × 90.12 ft
Listed on site-Sep 29, 2026
Style-1 1/2 Storey
Building Type-Duplex
Age-51-99
Taxes-$2,776 (2026)
Parking-3 - None
Basement-Apartment
Heating-Forced Air (Electric)
Brokerage-RE/MAX CROWN REALTY (1989) INC
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-West
Exterior-Hardboard
Roof-Asphalt Shingle
Foundation-Poured Concrete
Sewer-Sewer
Possession-Tenants require 60 days notice
Neighbourhood-TNE - Central
Title-Residential Freehold

No agent assigned

Attention all investors!!! Fresh on the market!!! sweet 2-unit property up for grabs, and priced to sell:) Both units have two bedrooms and one full bath. Main floor unit is well maintained, basement units just needs a little TLC, do not hesitate, a deal like this will not last

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$132,000
Land Transfer Taxes$1,375
Legal Fees (Est.)
$
Total cash required for closing$35,875

Total Monthly Obligation

$1,272/mo
Mortgage $666
Monthly Loss $1,097
Principal$175
Interest$490
Property Tax$231
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
10.6%91
Cash-on-Cash
27.0%99
5-Year IRR
38.7%100
10-Year IRR
35.7%
Returns Index
97.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeA
83/ 100
Good•Buy

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$27,600/yr
NOI
$17,564/yr
Net Cash Flow
$798/mo
Cash Margin
34.7%98
Cash Flow Index
98.1/ 100
Risk Profile
Weight: 20%
DSCR
2.2098
LTV Ratio
80.0%18
Vacancy Buffer
7.2 mo97
Risk Index
70.9/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 261 N Elm Street N main & basement

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.