55 Father Costello Drive, Timmins | Image 1

55 Father Costello Drive

Timmins, Main area

  • Commercial

$XXX,XXX
For Sale

Added 1 month ago

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  • Type: Commercial/Retail

  • Property Type: Commercial

  • Business Type: Residential

  • Zoning: EA-CG

  • Age: No Data

  • Taxes: 14833.87

  • MLS®#: T9293225

  • Days on Site: 33 Days

  • Added: Aug 14, 2024 (1 month ago)

  • Updated:

  • Last Checked: 43 minutes ago

  • Listed By: EXP REALTY OF CANADA INC., BROKERAGE

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

  • Type: Residential

  • Property Type: Commercial/Retail

  • Property Type: Multiplex

  • Area: Timmins

  • Community: Main area

  • Availability Date: TBD

Inside

  • Bathrooms: 10

  • Washrooms: 10

Building

  • Green Verification Status: N

Parking

  • Garage Type: None

Fees

  • Tax Year: 2023

  • Tax Legal Description: See Schedule B

  • Taxes: $14,834

  • Insurance Fee: 6239

  • Hydro Expense: 13118

  • Heat Expenses: 10870

  • Water Fees: 4402

Land

  • Cross Street: On Father Costello D

  • Municipality District: Timmins

  • Parcel Number: 654070407

  • Sewer: Sewers

  • Lot Frontage: 38.6

  • Zoning: EA-CG

Commercial Specific

  • Total Area: 4000

  • 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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