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60 Dwyer Avenue Image 1

$515,000

Mar 3Investment For Sale
bedroomsbed
washrooms0bath
MLS - #T11997375

60 Dwyer Avenue, Timmins, ON P0N 1G0

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Similar Homes Found
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Average Price
51500000.0%
Higher than average

Price Comparison

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Property Description

Property type

Investment

Lot size

N/A

Style

Approx. Area

N/A

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

--

Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Additional Details

Basement:N/A
Cooling:Yes
Heating:Gas Forced Air Closed
Parking Features:N/A

MORTGAGE INFO

ESTIMATED PAYMENT

$0 Principal and Interest
$0 Property Taxes

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