60 Dwyer Avenue, Timmins | Image 1

60 Dwyer Avenue

Timmins

  • Commercial

$515,000
For Sale

Added 1 week ago

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  • Type: Investment

  • Property Type: Commercial

  • Zoning: Commercial NA-R3

  • Age: 51-99 years

  • Taxes: 9163.8

  • MLS®#: T11997375

  • Added: Mar 03, 2025 (1 week ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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!

Property

  • Status: Sale

  • Property Type: Investment

  • Property Type: Retail

  • Age: 51-99

  • Area: Timmins

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Elevator: None

  • Freestanding: Y

  • Outside Storage: N

  • Water Supply: Municipal

  • Physically Handicapped-Equipped: N

Parking

  • Garage Type: Outside/Surface

Fees

  • Tax Year: 2024

  • Tax Legal Description: PLAN M6T LOTS 131 AND 132 PCLS 698 AND 3253WT

  • Taxes: $9,164

  • Taxes Type: Annual

Land

  • Cross Street: Lion Crest Lane and

  • Municipality District: Timmins

  • Parcel Number: 654070216

  • Sewer: San+Storm

  • Lot Depth: 97.05 Feet

  • Lot Frontage: 63.2 Feet

  • Zoning: Commercial NA-R3

Commercial Specific

  • Rail: N

  • Retail Area: 3022

  • Retail Area Metric: Sq Ft

  • Sprinklers: Part

  • Total Area: 6133.5

  • Total Area Metric: Sq Ft

  • Franchise: N

  • Crane: N

  • Lot Code: Lot

  • Survey: N

  • Building Percent: 49

  • Soil Test: N

  • Financial Statement: N

Map of 60 Dwyer Avenue, Timmins
JK-3

École catholique Louis-Rhéaume

Elementary: Catholic
2.75 km
JK-3

École catholique Louis-Rhéaume

Elementary: Catholic
2.75 km
JK-6

Schumacher Public School

Elementary: Public
0.07 km
JK-4

Sacred Heart School

Elementary: Catholic
2.61 km
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St Paul Separate School

Elementary: Catholic
2.75 km
JK-6

Pinecrest Public School

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2.10 km
9-12

NCDSB Access Center Secondary School

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2.78 km
9-12

PACE Alternative & Continuing Education

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École secondaire Cochrane

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O'Gorman High School

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3.39 km
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École secondaire catholique Theriault

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Pre-Grade 9-12

Timmins High and Vocational School

Secondary: Public
4.12 km
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