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60 DWYER AVENUE
Timmins Ontario , P0N1G0 , Canada
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Sarnail Singh
Agent
Broker
Cell: 416.303.2119

Royal LePage Real Estate Services Ltd.
Brokerage:
207 - 2520 Eglinton Avenue West
Mississauga, ON
L5M0Y4
Phone: 905.828.1122
Fax: 905.828.7925
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$515,000.00
MLS® T11997375
Commercial : Commercial Business
Lot Frontage: 63.2 Feet
Lot Depth: 97.0 Feet
Lot Size: 63.2 x 97.05 FT
Floor Space (approx): 6133.5 Square Feet
Zoning: Commercial NA-R3, NA-CN
Remarks:
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! (id:27)

Property Features:
  • Property Type: Business
Building Features:
  • Cooling Type: Fully air conditioned
  • Heating Fuel: Natural gas
  • Heating Type: Forced air

All information displayed is believed to be accurate, but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.

Not intended to solicit properties currently listed for sale.

All offices are independently owned and operated, except those offices identified as "Royal LePage Real Estate Services Ltd."

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

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