60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
60 Dwyer AVE , Timmins, ON P0N 1G0
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For Sale

$515,000

60 Dwyer AVE , Timmins, ON P0N 1G0

Remarks

This property is an excellent opportunity for investors, with a fully leased, well-maintained location occupied by a AAA tenant. The double net rent of $31,000 per year, along with a long-term lease agreement that runs until April 30th, 2027, with the option to extend for the next 30 years, make it an attractive option. The property's 6% CAP rate offers an impressive return, and it is strategically located in a high-density area. As part of the lease agreement, the tenants is required to cover property taxes and maintenance frees, and there is an escalation in base rent. The roof was replaced in 2014, and the structure dates back to the 1970s. The Seller is highly motivated to sell and is eager to show this gem, so don't miss out on this opportunity!

Property Summary

  • Lot Frontage: 63.2
  • Lot Depth: 97.05 feet
  • Floor Space (approx): 2220 Square Feet

Property Features:

  • ACCESS:
    Municipal Road
  • Age (Building):
    26+ Years
  • District:
    Schumacher
  • BASEMENT:
    None
  • BUSINESS TYPE:
    Retail
  • Environmental Audit:
    No
  • Fronting On:
    East
  • HEATING SOURCE:
    Natural Gas
  • HEATING TYPE:
    Forced Air
  • ICI TYPE:
    Investment
  • Major Area:
    Timmins
  • Occupancy:
    Tenant
  • Property Size:
    0.0 - 0.49 Acres
  • PROPERTY FEATURES:
    Air Conditioning , Overhead Doors , Sprinkler System
  • SERVICES AVAILABLE:
    Hydro , Natural Gas , Street Lights , Telephone
  • SEWER/SEPTIC:
    Sewer
  • Sub District:
    Main area
  • WATER/WELL:
    Municipal Water
Lifestyle
Neighbourhood Info
Agent

Steve Kidd

Sales Representative

Phone: 705.360.7000

Cell: 705.274.1173

Home Fax: 705.360.7770

Get More Info

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