$515,000
Available - For Sale
Listing ID: T11997375
60 Dwyer Avenue , Timmins, P0N 1G0, Cochrane
| 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! |
| Price | $515,000 |
| Taxes: | $9163.80 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 60 Dwyer Avenue , Timmins, P0N 1G0, Cochrane |
| Postal Code: | P0N 1G0 |
| Province/State: | Cochrane |
| Legal Description: | PLAN M6T LOTS 131 AND 132 PCLS 698 AND 3 |
| Lot Size: | 63.20 x 97.05 (Feet) |
| Directions/Cross Streets: | Lion Crest Lane and Grant Street |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Retail |
| Building Percentage: | T |
| Total Area: | 6133.50 |
| Total Area Code: | Square Feet |
| Retail Area: | 3022 |
| Retail Area Code: | Sq Ft |
| Approximatly Age: | 51-99 |
| Financial Statement: | F |
| Franchise: | F |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Outside Storage: | F |
| Rail: | N |
| Crane: | F |
| Soil Test: | No |
| Heat Type: | Gas Forced Air Close |
| Central Air Conditioning: | Yes |
| Sewers: | Sanitary+Storm |
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| ROYAL LEPAGE REAL ESTATE SERVICES LTD. |
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At a Glance:
| Type: | Com - Investment |
| Area: | Cochrane |
| Municipality: | Timmins |
| Neighbourhood: | SCH - Main Area |
| Lot Size: | 63.20 x 97.05(Feet) |
| Approximate Age: | 51-99 |
| Tax: | $9,163.8 |
| Fireplace: | N |
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