60 Dwyer Avenue Timmins (Sch - Main Area), 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:50787)
Property Details
| MLS® Number | T11997375 |
| Property Type | Business |
| Community Name | SCH - Main Area |
Building
| Age | 51 To 99 Years |
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 6134 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 97 Ft |
| Size Frontage | 63 Ft ,2 In |
| Size Irregular | 63.2 X 97.05 Ft |
| Size Total Text | 63.2 X 97.05 Ft |
| Zoning Description | Commercial Na-r3, Na-cn |
https://www.realtor.ca/real-estate/27972886/60-dwyer-avenue-timmins-sch-main-area-sch-main-area
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March 26 2025 02:05:36
Toronto Real Estate Board
Royal LePage Real Estate Services Ltd.