238 Elm Street S, Timmins

$325,000
238 Elm Street S

$325,000

New
7d
Duplex1 1/2 Storey

238 Elm Street S, Timmins

Total Monthly Obligation $1,921

Beds
4
Baths
2
Park
1
Sqft
1500-2000
DOM
7d
Score
24
Yield
6.6%
Cash on Cash
2.1%
Cap Rate
5.0%
5Y IRR
17.2%
10Y IRR
16.0%
Property Type-Duplex
MLS® Number-T14085302
Beds-4
Bathrooms-2
Size-1500-2000 sqft
Lot Size-30 × 94 ft
Listed on site-Oct 16, 2026
Style-1 1/2 Storey
Building Type-Duplex
Age-51-99
Taxes-$2,820.72 (2026)
Parking-3 - None
Basement-Unfinished, Full
Heating-Radiant (Gas)
Brokerage-EXP REALTY OF CANADA INC.
Cooling-None
Laundry-No
Fireplace-No
Pool-None
Facing-East
Exterior-Stucco (Plaster)
Roof-Asphalt Shingle
Foundation-Concrete Block
Sewer-Sewer
Possession-TBD
Neighbourhood-TS - SE
Title-Residential Freehold

No agent assigned

Prime Real Estate Asset! Add this low maintenance, income producing duplex to your portfolio. Boasting immediate curb appeal with newer stucco, this property sits in a prime, central neighborhood. UNIT 1 Main floor: 2 good sized bedrooms, main floor laundry and a massive unfinished basement perfect for tenant storage. 1 to 2 car parking out front. UNIT 2 Upper Floor: 2 sizable bedrooms, private office/extra room, laundry in the bathroom, and newer robust rear stairs. The property is complete with hassle-free backyard parking off a laneway. A rare combination of central location, great layout, and solid CASH FLOW potential. Lastly, Excellent Tenants that you will want for the taking. 2022 retrofit and a pre home inspection report for your peace of mind.

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%
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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$260,000
Land Transfer Taxes$3,350
Legal Fees (Est.)
$
Total cash required for closing$69,850

Total Monthly Obligation

$1,921/mo
Mortgage $1,311
Monthly Loss $1,576
Principal$345
Interest$966
Property Tax$235
Home Insurance$125
Variable Costs$250
Returns
Weight: 25%
Cap Rate
3.6%24
Cash-on-Cash
-5.6%2
5-Year IRR
11.4%46
10-Year IRR
11.8%
Returns Index
23.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
24/ 100
Avoid•Pass

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

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$21,300/yr
NOI
$11,849/yr
Net Cash Flow
-$324/mo
Cash Margin
-18.2%0
Cash Flow Index
0.1/ 100
Risk Profile
Weight: 20%
DSCR
0.7512
LTV Ratio
80.0%18
Vacancy Buffer
5.0 mo83
Risk Index
37.7/ 100

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

Comparables

Properties near 238 Elm Street S

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.