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60 DWYER AVE, Timmins Ontario P0N1G0
CA$515,000
$1522/ month
Mortgage Payment
Beds
Baths
Description
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 a
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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 tenant is required to cover property taxes and maintenance fees, 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 its gem, so don't miss out on this opportunity! (id:44040)
60 DWYER AVE, Timmins, Ontario
This Commercial property located at 60 DWYER AVE,
Timmins, Ontario is approximately 62.2 x 97.05 FT in area. This located in the neighbourhood of Timmins city has a ownership status and is currently on sale for CA$515,000 canadian dollars. This property MLS#: X8014648 has been live on our site for 89 days
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Harminder Grewal
Harminder has more than 10 years of experience.
Language:
English
Response Time:
Within an hour
Andrew Wilson
Andrew has more than 10 years of experience.
Language:
English
Response Time:
Within an hour
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The listing data above is provided under copyright by the Canadian Real Estate Association. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association or Dale Mundi.
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