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Investment signal

$189,900

132 BRUCE AVENUE

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Beds

Baths

Sqft

—

Year

—

Type

Single Family

Suite

Suite potential

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Timmins (SP - Main Area). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

This 4-bedroom, 2-bathroom duplex in South Porcupine is a solid investment with long-term tenants already in place, offering reliable rental income. The property features two separate units, each with 2 bedrooms, its own kitchen, bathroom and laundry, providing an opportunity for steady cash flow. The main floor is currently rented at $1,000.00 per month + hydro and the lower floor is rented at $900.00 per month + hydro with the landlord paying the heat ($1,339.70/year). While the property may need some cosmetic updates and maintenance, its location near local amenities, schools, and transit makes it a valuable addition to any portfolio. With stable occupancy and potential for future improvement, this duplex is an excellent choice for investors seeking long-term stability and growth. (id:65958)

Subtype: Single Family
Architectural style: Bungalow
Structure: House
Community: SP - Main Area
Common interest: Freehold
Lot dimensions: 30 x 100 FT
Bedrooms: 2 above grade, 2 below grade
Parking: 6 total
Stories: 1
On market: Apr 24, 2026
Status changed: Apr 24, 2026
Annual tax: $2,683.06
Zoning: NA-R2-F, NA-R2
Photos: 6
MLS#: T13039666
Area: TIMMINS_(SP_-_MAIN_AREA)

Features and systems

Parking

No Garage

Basement

FinishedN/A

Appliances

WasherRefrigeratorStoveDryer

Cooling

None

Exterior

Vinyl siding

Foundation

Block

Utilities

SewerElectricityCable

Positive cash flow ~$1,581/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

49.95%

Cap rate

14.85%

GRM

5.5

Break-even rent

$1,236

Financing

Down payment$37,980

Loan amount$151,920

Mortgage$770/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$87

Insurance$80

Maintenance$158

CapEx reserve$79

Vacancy loss$145

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $770/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 24, 2026.