Timmins, Ontario
Timmins is 2,955 square kilometres of municipality with 18.5 square kilometres of urban area inside it, and its property question is really a mining question: in April 2025 Newmont completed the sale of its Porcupine operations to Discovery Silver for US$425 million, in June 2026 Discovery bought Glencore's Kidd Operations as well, and Pan American Silver's 40-F says it owns the Bell Creek and Timmins West mines - so within fifteen months one Toronto company became the dominant holder of the Porcupine gold camp, while the city's whole large-industrial assessment class is $46.4 million and only one builder in town holds a current licence.
7 buildings · 6 with an owner established · 14 sources · 3 tier B · 4 tier A · prepared 2026-10-03
Ontario's land registry is the official record of who owns what: ServiceOntario states it "contains the official records of property ownership and other legal interests such as mortgages, transfers and leases" and that it "covers more than 7.4 million parcels of land in the province". It is public but not open - the same page says the services "are only available online" and that on OnLand "You can do a self-search for a fee", and the fee bulletin effective 2 November 2026 prices a copy of a parcel register, the document that names the registered owner, at $37.10 per PIN. There is no bulk ownership extract at any price, and MPAC's per-property values are login-only and still pegged to fully phased-in 1 January 2016 current values for the 2026 tax year. Ontario publishes no price-paid file. Timmins shows what happens when a city's value is in mineral title rather than land title: the ownership changes that matter here are disclosed in SEC filings with dates and, in one case, a stated consideration, while the ordinary urban questions - who owns the mall, who owns the leased offices on Third Avenue - have no public answer at all. The city is also 0.6 per cent urban by area, so a land-area comparison between Timmins and anywhere else in this batch is close to meaningless.
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Porcupine Complex (Hoyle Pond, Pamour, Dome and the mill) Timmins, Ontario |
Industrial | Discovery Silver Corp. Newmont's 10-K for 2025 states the company "completed the sale of ... the Porcupine and Akyem reportable segments in the second quarter of 2025", and its XBRL tags the Porcupine disposal at 15 April 2025. Northern Ontario Business reported the terms on 27 January 2025: US$425 million, made up of US$200 million cash and US$75 million in Discovery shares on closing with US$150 million deferred in four annual payments of US$37.5 million from 31 December 2027. The same report describes the complex as Hoyle Pond and Pamour, the closed Dome mine and the active mill, plus Borden outside Chapleau - so part of the asset lies well outside the city. |
Public company | US$425 million 2025-04 US$200M cash and US$75M in Discovery shares on closing, plus US$150M of deferred cash in four annual instalments of US$37.5M from 31 December 2027. Announced 27 January 2025. B |
| Kidd Operations (Kidd mine, metallurgical site and tailings area) Timmins, Ontario |
Industrial | Discovery Silver Corp. Franco-Nevada's Q2 2026 MD&A, filed with the SEC, states under its Porcupine royalty that "In June 2026, Discovery acquired Glencore's Kidd Operations, providing Discovery with the potential to double production from the Timmins complex to 500,000 gold ounces annually"; its Q1 2026 MD&A records the March 2026 announcement. Glencore had announced the closure first - second source for this entry, Northern Ontario Business: at the Timmins Chamber's State of Mining lunch on 6 February 2025 its Kidd Operations general manager set out plans for the site to close "in late 2026". No consideration for the Kidd purchase is stated in either filing. |
Public company | —B |
| Timmins West Mine and Bell Creek Mine Timmins, Ontario 1,414,700 tonnes milled in 2025; 103,600 oz of gold |
Industrial | Pan American Silver Corp. Pan American's 2025 Annual Information Form, filed as an exhibit to its 40-F, says plainly: "We own other producing mines, including ... the Bell Creek and Timmins West mines in Canada". The filing's Gold Segment table gives the pair, which it labels simply "Timmins", 1,414,700 tonnes milled at 2.35 g/t for 103,600 ounces of gold in 2025, with $52 million of capital expenditure that year and $1 million of exploration. Pan American does not consider them material properties for NI 43-101 purposes, so no reserve statement or land area is given; it plans about $55 million of project exploration including "satellite projects in Timmins". |
Public company | —A |
| Timmins Square 1500 Riverside Drive over 281,000 sq ft · 1 floors |
Retail | Not established a paid title search would answer it The mall's own Information page says "Timmins Square is the largest regional shopping centre in North Eastern Ontario! With over 281,000 square feet of retail space, it is the largest centre within a radius of 200 km or more", drawing from Chapleau, Kapuskasing, Hearst, Cochrane, Kirkland Lake and Iroquois Falls. It names a property manager and a director of leasing and no owner. Wikipedia's infobox, the second source for this entry, gives 281,168 sq ft and names Bayfield Realty Advisors Inc. as owner and Bayfield Property Management Inc. as manager, but no Bayfield corporate site could be reached to confirm it, and management is not ownership, so the owner is left blank. |
Not established | —B |
| Government of Canada building, 120 Cedar Street South 120 Cedar Street South 2,572 sq m on 0.1330 ha |
Office | Public Services and Procurement Canada "GC Site - Timmins" in the Directory of Federal Real Property: Crown Owned, custodian Public Services and Procurement Canada, one building, 2,572 square metres of floor area on 0.1330 hectares, primary use Office. It is the only Crown-owned federal office in the city, and notably smaller than the 3,528 square metres PSPC leases two blocks away at 179 Third Avenue. |
Government | —A |
| Timmins Armoury Timmins 1,671.36 sq m on 0.6710 ha |
Institutional | National Defence Directory of Federal Real Property: Crown Owned, custodian National Defence, primary use Military, two buildings totalling 1,671.36 square metres of floor area on 0.6710 hectares. The register gives "Timmins" as the address without a street, which is how it records several small defence parcels. |
Government | —A |
| Timmins non-directional beacon site Part 11, Concessions 2 and 3 25.3500 ha |
Land | Transport Canada Crown Owned, custodian Transport Canada, primary use Transportation Air, 25.3500 hectares with no buildings - the largest single federal land parcel in Timmins, and twenty-five hectares of it for a navigation beacon. A second Transport Canada beacon parcel, "Timmins (NDB T)", adds 0.7420 hectares. Timmins's federal footprint is ten properties totalling about 26.3 hectares in a 295,533-hectare municipality. |
Government | —A |
The core land
The most valuable ground in the city, and what the public record says about it.
Timmins did not appear in the province's 2025 Financial Information Return file at the time of writing, so the figures below are the 2024 return (Timmins's record last updated 27 April 2026), published as bulk CSV under the Open Government Licence - Ontario. MPAC's per-property values remain login-only and fixed at fully phased-in 1 January 2016 current values for the 2026 tax year. The return's most striking line is what it does not contain: Timmins is a single-tier city, so there is no upper-tier levy at all, and the municipality collects 89 per cent of the tax bill itself.
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
Timmins is 295,533 hectares, and essentially none of that is in the hands of anyone this record can name. The Crown's own federal holding is 26.3 hectares; the mining companies that dominate the city's economy publish production figures rather than land or claim areas; and the one open per-city dataset, the Financial Information Return, reports 28,000 hectares designated for agriculture against $6.86 million of farmland assessment. The honest summary is that Timmins's land ownership is the least establishable of the five cities in this batch.
| Name | Type | Holdings |
|---|---|---|
| Discovery Silver Corp. The dominant holder of the Porcupine camp after buying Newmont's Porcupine operations (completed Q2 2025, US$425 million) and Glencore's Kidd Operations (June 2026). Neither the Newmont 10-K, the Franco-Nevada MD&A nor the Northern Ontario Business report states a land package, claim area or hectarage, and discoverysilver.com returns 403 to automated reading, so no figure is entered. The 27 January 2025 report does say Discovery sees upside at Hoyle Pond, Pamour, Dome and Borden and committed to drilling extensively in the Timmins area. |
Public company | area not stated in any filing openedA |
| Pan American Silver Corp. Timmins West and Bell Creek, owned on the company's own 40-F exhibit. Because Pan American does not treat them as material properties under NI 43-101, the AIF carries no property description, no claim map and no area - the filing establishes ownership and production and nothing about land. |
Public company | two mines; area not statedA |
| Transport Canada 25.3500 ha at "Part 11, Concessions 2 and 3" and 0.7420 ha at "Part S 1/2 of Part Lot 8", both Crown Owned, both Transportation Air, both with no buildings. Together they are 99 per cent of the Crown's own land in Timmins. |
Government | 26.0920 ha across two beacon parcelsA |
| The City of Timmins Entered because the absence is the finding. Timmins is a single-tier municipality levying 88.7 per cent of its own tax bill, and it reports 28,000 hectares designated for agriculture in its Official Plan to the province, but no municipal document naming the city as registered owner of a specific parcel could be opened, and Ontario publishes no roll. Nothing is therefore claimed about Hollinger Park, the airport or any municipal holding. |
Government | not establishedA |
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Timmins is the clearest case in this batch of a new-home market that has effectively stopped being licensed. The Ontario Builder Directory holds 115 licence records against a Timmins address and exactly one is currently Licensed - 2124140 Ontario Inc., at 834 Mountjoy Street South under the umbrella "Praztek Construction" - and the directory records no possessions at all for it. The highest possession count against any Timmins address in the whole 2016-2026 window is one house. The caveat still applies: the directory gives the licensee's registered address, not where the homes were built, and it counts only properties delivered under the new-home warranty, so owner-built and rental construction is outside it entirely.
| Name | Type | Possessions 2016-2026 |
|---|---|---|
| 2124140 Ontario Inc. (Praztek Construction) 834 Mountjoy Street South, Timmins; licensed 1 February 2007 under the HCRA umbrella "Praztek Construction" and current to 2 February 2027 - the only live new-home builder licence at a Timmins address in the province's directory. The summary endpoint returns no freehold, condominium or total count for it, and no conciliations or claims: a current licence with nothing delivered in the reporting decade. |
Private company | 0 recordedA |
| Jacques Trudel Construction Inc. 440 Dalton Road, Timmins, under the umbrella "JTC"; licensed 12 November 2009, licence expired 13 November 2022. One freehold possession in the reporting window, no conciliations, no claims. Tied for the highest count of any Timmins licensee. |
Private company | 1A |
| 1655604 Ontario Inc. 2950 Dalton Rd., Timmins; two licence records, 2007 and 2012, both expired. One freehold possession between them. Entered because it is one of three licensees tied at the top of the Timmins table, which is the point. |
Private company | 1A |
| 792844 Ontario Inc. 1940 Maclean Drive, Timmins; licensed 18 August 1994, expired. One freehold possession recorded in 2016-2026. |
Private company | 1A |
| The other 111 Timmins licence records Of 115 licence records at a Timmins address, 103 are Expired, 6 Revoked, 3 Refused, 2 are umbrella parents and 1 is Licensed. None of the remaining 111 has a possession recorded against it in the directory's 2016-2026 window. Read strictly, the provincial new-home register shows a city of 41,145 people with no warranted new-home construction by a locally licensed builder in a decade - a statement about the register as much as about the city, and one that should be read with the registered-address caveat in mind. |
Private company | 0A |
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
There is no institutional commercial landlord in Timmins on any opened record: no REIT publishes a Timmins property page, the regional mall's registered owner cannot be established, and the office-building class is assessed at $2.80 million for the entire city. The federal register again supplies the inverse - six of the city's ten federal property rows are Lease or Licence, including 3,528 square metres at 179 Third Avenue, which is larger than the Crown's own office building and whose landlord is nowhere named.
| Name | Type | Floor area |
|---|---|---|
| Discovery Silver Corp. Not a landlord but, after two acquisitions fifteen months apart, the largest single commercial holder in the city. Newmont's 10-K dates the Porcupine sale to the second quarter of 2025 (XBRL: 15 April 2025) and Franco-Nevada's Q2 2026 MD&A dates the Kidd purchase to June 2026, with the stated aim of doubling Timmins production to 500,000 ounces a year. Neither filing states a land or claim area for either holding, and Discovery's own site returns 403 with a JavaScript challenge, so no acreage is claimed. |
Public company | the Porcupine Complex and Kidd OperationsA |
| Pan American Silver Corp. The 2025 AIF says the company owns the Bell Creek and Timmins West mines, mills 1.41 million tonnes a year between them for 103,600 ounces of gold, and spent $52 million of capital there in 2025. It also discloses that Lake Shore - the predecessor it acquired the mines through - "is a party to impact benefit agreements with certain local First Nation communities". No land area is published. |
Public company | two producing minesA |
| Unnamed landlord of the federal government From the Directory of Federal Real Property: PSPC leases 3,528 sq m at 179 Third Avenue, and Canada Post licenses 1,540 sq m at its Timmins letter carrier depot at 140 Second Ave, 366 sq m at 76 Main in South Porcupine, 170 sq m at 37 First St in Schumacher, 142 sq m at 5907 King St, and 3 sq m at 4858 Highway 101 East. In every case the register names the custodian and the interest and not the landlord. |
Private company | 5,749 sq m leased across six sitesA |
| Timmins Square - owner not established Recorded because the gap is the finding. Wikipedia's Timmins Square article names Bayfield Realty Advisors Inc. as owner and Bayfield Property Management Inc. as management; the mall's own pages name neither, bayfieldrealty.com resolves to an unrelated Colorado brokerage, bayfield.ca to a British Columbia mortgage lender, and bayfieldrealtyadvisors.com does not resolve. On the rule that a tier C source may never carry an owner, the largest retail property in northeastern Ontario is published here with no owner at all. |
Private company | not establishedC |
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- The land or mining-claim area of the Porcupine Complex and of Kidd Operations. No filing opened states one, and Discovery Silver's own site is behind a JavaScript challenge. This is the single largest gap in the record.
- What Discovery Silver paid Glencore for Kidd Operations. Franco-Nevada's MD&A dates the March 2026 announcement and the June 2026 completion but states no consideration, and the trade report that carries terms is behind a JavaScript challenge.
- The registered owner of Timmins Square. Wikipedia names Bayfield Realty Advisors Inc.; the mall's own pages name only a property manager and a leasing director, and no Bayfield corporate site could be reached.
- Who owns 179 Third Avenue, where the Government of Canada leases 3,528 sq m - more floor area than the Crown's own Timmins office building.
- What the City of Timmins owns, including Hollinger Park and the municipal airport. No municipal document naming the city as registered owner of a specific parcel could be opened.
- Whether the Kidd mine's underground operation has in fact ceased. Glencore's general manager said in February 2025 that the site would close "in late 2026"; this record is prepared on 3 October 2026 and no document confirming the final date was opened.
- Assessed value of any individual Timmins parcel. MPAC's products are login-gated and its values are frozen at 1 January 2016 for the 2026 tax year.
- Any link between a property holding and elected office in Timmins: nothing was established, and the record carries none.
Sources
- Overview: land registry — Government of Ontario (ServiceOntario) · openA
- Bulletin 2026-04: Land Services Fee Changes effective November 2, 2026 (Schedule I, Tariffs of Fees) — Ministry of Public and Business Service Delivery and Procurement, ServiceOntario, Land Registry Services Branch · openA
- The Assessment Cycle — Municipal Property Assessment Corporation (MPAC) · openA
- Financial Information Return (FIR) multi-year CSV data (Schedule 22 Taxation and Payments-in-Lieu Summary; Schedule 80D Statistical Information) — Ontario Ministry of Municipal Affairs and Housing · openA
- Ontario Builder Directory (/api/builders, /api/buildersummary?id=) — Home Construction Regulatory Authority (HCRA) · openA
- Directory of Federal Real Property, bulk XML extract (dfrp-rbif.xml, 2025-11 snapshot) — Treasury Board of Canada Secretariat · openA
- Form 10-K for the year ended December 31, 2025 (divestiture of non-core assets; Porcupine sale completed in Q2 2025; XBRL disposal date 15 April 2025) — Newmont Corporation (SEC EDGAR) · openA
- Discovery Silver is the new owner of Timmins' Porcupine gold complex — Northern Ontario Business · openA
- Q2 2026 Management's Discussion and Analysis, filed as Exhibit 99.1 to Form 6-K (Porcupine royalty; "In June 2026, Discovery acquired Glencore's Kidd Operations") — Franco-Nevada Corporation (SEC EDGAR) · openA
- Annual Information Form 2025, filed as Exhibit 99.1 to Form 40-F ("We own other producing mines, including ... the Bell Creek and Timmins West mines in Canada") — Pan American Silver Corp. (SEC EDGAR) · openA
- Information / About Us (floor area, address, catchment) — Timmins Square · openA
- Timmins Square — Wikipedia · openA
- Timmins (2021 census land area 2,955.33 km2 and urban area 18.49 km2) — Wikipedia · openA
- 'We're still open for business': Kidd mine manager talks closure plans — Northern Ontario Business / TimminsToday · openA