60 Dwyer Avenue, Timmins, Ontario P0N 1G0

Listed for:
$515,000
0 beds
0 baths
Listed 28 days ago
60 Dwyer Avenue, Timmins, Ontario P0N 1G0

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Learn more about this property
Listing provided by:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
MLS® number:
T11997375
Agent:
Sarnail Singh
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About

Lion Crest Lane and Grant Street 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:27476)

Property Highlights

MLS® Number
T11997375
Type
Business
Community Name
SCH - Main Area
Land Size
63.2 x 97.05 FT

Building

Square Footage
6133.5 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location