Investors Dream Turnkey Duplex with Positive Cash Flow Located in the heart of Matheson (near Timmins), ON. Appraised Higher Than Asking. It is fully rebuilt and beautifully renovated duplex with long-term value. This property features 2 fully separate and city-approved 2-bedroom units, currently leased for $7,800/month to a reputable paving company providing reliable, high-yield rental income. Fully Furnished: Includes TVs, beds, cutlery, furniture. All New Features: Walls, Spray-Form Insulation, Flooring (durable, high quality, water-heater), and Roofing. Stainless steel appliances in 2 separate Kitchens. New washer & dryer (shared laundry in basement). New windows and doors. Large Lot with potential for future expansion of additional rental units. Utilities included! Steps from Black River. Minutes from Bingham Memorial Hospital. Optional Property Maintenance Services by Seller. This is a hassle-free, income-generating property in a prime location. A rare turnkey opportunity in a high-demand rental area, ideal for corporate housing or long-term investment.
For sale
C$475,900
455 4th Ave, Black River Matheson, ON P0K 1N0
4beds
2baths
Single Family Residence
Built in ----
0.49 Acres Lot
$-- Zestimate®
C$--/sqft
C$-- HOA
What's special
All new featuresStainless steel appliancesLarge lot
- 16 days
- on Zillow |
- 31 |
- 4 |
Zillow last checked: 7 hours ago
Listing updated: July 22, 2025 at 02:12pm
Listed by:
LANDMARK REAL ESTATE CENTRE INC.
Source: TRREB,MLS®#: T12298416
Originating MLS®#: Toronto Regional Real Estate Board

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
Heating
- Radiant, Electric
Cooling
- Window Unit(s)
Features
- Other
- Flooring: Carpet Free
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Living area range: 1500-2000 null
Property
Parking
- Total spaces: 4
- Parking features: Private
Features
- Stories: 2
- Pool features: None
- Waterfront features: Indirect, River
- Body of water: Black River
Lot
- Size: 0.49 Acres
Details
- Parcel number: 653810245
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Brick, Aluminum Siding
- Foundation: Concrete
- Roof: Asphalt Shingle
Utilities & green energy
- Sewer: Sewer
Community & HOA
Location
- Region: Black River Matheson
Financial & listing details
- Annual tax amount: C$2,494
- Date on market: 7/21/2025
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