For Sale

$515,000

60 DWYER AVENUE , Timmins, Ontario P0N1G0

Remarks

This property presents a remarkable opportunity for investors, featuring a fully leased and well-maintained space occupied by a AAA tenant. With a double net rent of $31,000 per year and a long-term lease that extends until April 30th, 2027, along with options for multiple renewals, it stands as an appealing choice. The property's approx 6% CAP rate promises an excellent return and is strategically situated in a high-density area. Additionally, the lease agreement includes a base rent escalation. The Seller is highly motivated to sell and is excited to showcase this valuable opportunity, so be sure not to miss out! (id:27)

Property Summary

  • Neighbourhood: SCH - Main Area
  • Lot Frontage: 63.2 Feet
  • Lot Depth: 97.0 Feet
  • Lot Size: 63.2 x 97.05 FT
  • Floor Space (approx): 6133.5 Square Feet
  • Zoning: Commercial NA-R3, NA-CN

Property Features:

  • Property Type:
    Business

Building Features:

  • Cooling Type:
    Fully air conditioned
  • Heating Fuel:
    Natural gas
  • Heating Type:
    Forced air

Office Listing: 

Sarnail Singh - Broker

Lifestyle
Neighbourhood Info
Ronnie Mills

Ronnie Mills

Sales Representative

Phone:  905.338.3737

Cell:  905.601.0019

Fax:  905.338.7351

Cathey Mills

Cathey Mills

Sales Representative

Phone:  905.849.3355

Cell:  905.601.3262

Fax:  905.338.7351

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Royal LePage Real Estate Services Ltd., Brokerage

251 NORTH SERVICE ROAD WEST
OAKVILLE,  ON L6M3E7

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