60 Dwyer Ave Timmins, Ontario P0N 1G0
MLS# X8014648 - Buy this house, and I'll buy Yours*

$515,000

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:51158)

Property Details

MLS® Number	X8014648
Property Type	Business

About 60 Dwyer Ave, Timmins, Ontario

This For sale Property is located at 60 Dwyer Ave Business, in the City of Timmins Business bedroom(s), bath(s) . 60 Dwyer Ave heating and Fully air conditioned. This house features a Fireplace.

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This Timmins

The Current price for the property located at 60 Dwyer Ave, Timmins is $515,000 and was listed on MLS on :2024-04-03 05:19:24

Building

Cooling Type	Fully Air Conditioned
Size Interior	6133.5 Sqft
Utility Water	Municipal Water

Land

Acreage	No
Size Irregular	62.2 X 97.05 Ft
Size Total Text	62.2 X 97.05 Ft

https://www.realtor.ca/real-estate/26436617/60-dwyer-ave-timmins