60 Dwyer Avenue, Timmins, ON P0N 1G0

Timmins P0N 1G0 Ontario

MLS: T11997375

$515,000

Added 52 days ago | For Sale

Listed by: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

About Property

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!

Features

  • House Style:Investment
  • Bathrooms:
  • Land Size: 63.2 X 97.05
  • Water:Municipal
  • Garage Spaces: /Outside/Surface
  • Driveway:
  • Heating Fuel:
  • Cross Street:Lion Crest Lane and Grant Street
  • Basement: ,
  • Possession Date:TBD
  • Annual Property taxes: $9163.8
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Closed
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:T11997375

About Agent
Prabhjot Singh
REALTOR®
(905) 867-2666 [email protected]
Get in Touch

By proceeding, you consent to receive calls and texts at the number you provided.

Powered by AgentEdge Inc

Terms & Conditions Privacy Policy

© Copyright All Rights Reserved.