55 Father Costello Drive, Timmins | Image 1

55 Father Costello Drive

Timmins

  • Commercial

$XXX,XXX
For Sale

Added 4 months ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: EA-CG

  • Age: No Data

  • Taxes: 15274.67

  • MLS®#: T9293225

  • Days on Site: 98 Days

  • Added: Aug 14, 2024 (4 months ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: EXP REALTY OF CANADA INC.

Prime investment opportunity in this fully tenanted 10-unit income property! Refreshed common areas, featuring modern flooring and paint, create a welcoming ambiance. Recently installed, two new boilers, updated electrical system, and upgraded hot water tanks to ensure reliable operation and efficiency throughout, our units have undergone comprehensive renovations. The property also features a large basement area, offering significant potential for additional income through paid storage options for tenants. With a stable rental income and promising prospects for supplementary revenue streams, this property stands as a lucrative asset.

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Apartment

  • Area: Timmins

  • Availability Date: TBD

Utilities

  • Utilities: Yes

Building

  • Heat Type: Gas Hot Water

  • Green Verification Status: N

  • Freestanding: Y

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Tax Legal Description: See Schedule B

  • Taxes: $15,275

  • Expenses: Est

  • Insurance Fee: 6239

  • Hydro Expense: 13118

  • Heat Expenses: 10870

  • Taxes Type: Annual

  • Water Fees: 4402

Land

  • Cross Street: On Father Costello D

  • Municipality District: Timmins

  • Parcel Number: 654070407

  • Lot Frontage: 38.6 Feet

  • Zoning: EA-CG

Commercial Specific

  • Total Area: 4000

  • Total Area Metric: Sq Ft

  • Lot Code: Building

  • Survey: N

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Car-Dependent

  • Most errands require a car.
39 /100

Somewhat Bikeable

  • Most errands require a car.
41 /100
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