60 Dwyer Avenue Timmins, Ontario P0N 1G0
$515,000
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:61445)
Property Details
| MLS® Number | T11997375 |
| Property Type | Business |
Building
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 6133.5 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 97 Ft |
| SizeFrontage | 63 Ft ,2 In |
| SizeIrregular | 63.2 X 97.05 Ft |
| SizeTotalText | 63.2 X 97.05 Ft |
| ZoningDescription | Commercial Na-r3, Na-cn |
https://www.realtor.ca/real-estate/27972886/60-dwyer-avenue-timmins
Interested?
Contact us for more information
Sarnail Singh
Broker
2520 Eglinton Ave West #207c
Mississauga, Ontario L5M 0Y4
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March 04 2025 02:04:38
Royal LePage Real Estate Services Ltd.