$429,900
FOR SALE

Investment

Lot: 30 x 108 ftTotal Area: 3,120 ft2
2024 Taxes: $6,952.44

184 Third Ave
Timmins, ON P4N 1C8 | Cochrane

Introducing a fully leased and well-maintained investment property in the high-density area of Downtown Timmins. This property is occupied by AAA tenants, each with long-term leases and options to extend. The units include an accounting firm, a tattoo shop, and a basement rented to a packaging/stocking business for storage, all with separate entrances and separate hydro meters. With an impressive cap rate of over7% and an annual rent of $48,000, this property offers a solid return on investment. The cooperative tenants make management easy, even from a distance, ensuring a hassle-free ownership experience. Financials are available upon request.
Extras
Incredible return on investment! Motivated sellers are offering this outstanding opportunity, so don't miss out. Please be discreet-do not visit directly or speak to the employees. A virtual tour is available for your convenience.
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number X8445192
Last Updated Jun 15, 2024
Property Summary
Property Type Investment

More like this:
Category Retail
Legal Description Pcl 1763 Sec Wat Sro; Lt 504 Pl M30S Tisdale Except C28656 S/T Reservation In S3231; City Of Timmins
Occupancy Tenant
Possession Date TBA
Taxes (2024) $6,952.44
Tax Type Annual
Directions/Cross Streets Cedar St And Third Ave
Area Cochrane
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding Y
Lot 30 x 108 ft
Retail Area 3,120 ft2
Total Area 3,120 ft2
Air Conditioning Part
Basement Y
Garage Type None
Days Open 5
Heat Type Gas Hot Water
Sprinklers Y
Sewers San+Storm
Utilities A
Water Municipal
Lot/Bldg/Unit Code Building
Zoning General Commercial (EA-CG)
Seller Property Info Statement N

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