Living room with furniture, unknown for 455 Fourth Ave, Black River-Matheson Ontario P0K 1N0
12 days on Market

455 Fourth Ave, Black River-Matheson, Ontario P0K 1N0

Detached
4
2
~1500-2000 sqft
$475,900
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Detached
4
2
~1500-2000 sqft

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Highlights

Property Estimate

Days on market12 days

Estimated valueNot available

Price/Sqft$277/sqft

Monthly cost

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Description

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.


Property Details

Style2-Storey
View-
Age of property51-99
SqFt~1500-2000 SqFt
Lot Size23,936 SqFt(136 x 176)
Parking Spaces4
MLS ®NumberT12298416
Community NameBlack River-Matheson
Data SourceTRREB
Listing byLANDMARK REAL ESTATE CENTRE INC.

Features

Heating: Radiant
Cooling: Window Unit
Fireplace
Basement: Unfinished

Features

Lot size: 23,936 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 4


Property History

Jul 21, 2025
ListedActive
$475,900
12 days on market
history photo preview16
Listing by trreb®
Property listed by LANDMARK REAL ESTATE CENTRE INC., Brokerage
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Market Data - Black River-Matheson

Geo Zone Map ThumbnailBlack River-Matheson

Balanced Market

View Market Data

Detached house - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

39 days

Compared to

2024

12 days

2023

112 days

2022

8 days

New Listings

Past 30 days

12 listings

Compared to

2024

6 listings

2023

2 listings

2022

1 listing

Units sold

Past 30 days

3 units

Compared to

2024

1 unit

2023

3 units

2022

1 unit

Median Sold Price

Past 30 days

$275,000

Compared to

2024

$172,000

2023

$184,000

2022

$230,000


Population and Demographics

Overview

Total population 2339
Average household income $81,662

Age (%)

0 to 19
23%
20 to 34
17%
35 to 49
15%
50 to 64
25%
65 and plus
21%

Household composition (%)

Single family
60%
Single person
37%
Multi person
3%
Multi family
0%

Mother tongue (%)

English
60%
French
23%
Pennsylvania German
6%
German
5%
English and French
4%
Others
1%

House tenancy (%)

Owners
63%
Renters
37%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget