60 Dwyer Avenue, Timmins, ON Image 1

$515,000

Investment For Sale
MLS - #T11997375
Mar 4- By ROYAL LEPAGE REAL ESTATE SERVICES LTD.

60 Dwyer Avenue, Timmins, ON P0N 1G0

Bed
Bath
6133.5 Sqft.
Outside/Surface Garage

Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

6133.5 Sqft

About 60 Dwyer Avenue

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!

Home Overview

Last updated

Mar 4

Virtual tour

None

Basement information

Building size

6133.5

Status

In-Active

Property sub type

Investment

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
51500000.0%
Higher than average

Price Comparison

Note * Price comparison is based on the similar properties listed in the area and may not be accurate. Consult licensed real estate agent for accurate comparison.

Location

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Walk Score for 60 Dwyer Avenue

Sales Representative

Shally Shi

Sales Representative, Dolphin Realty Inc

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest

Some information about this property - Dwyer Avenue

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