Milad Akrami
Sales Representative
Soltanian Real Estate, Brokerage
Independently owned and operated.
175 Willowdale Ave Suite 100, Toronto, Ontario M2N4Y9
Cell: 647-678-7799Office: 647-678-7799
$429,900
Available - For Sale
Listing ID: X8445192
184 Third Ave , Timmins, P4N 1C8, Ontario
| 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. |
| Price | $429,900 |
| Taxes: | $6952.44 |
| Tax Type: | Annual |
| Occupancy by: | Tenant |
| Address: | 184 Third Ave , Timmins, P4N 1C8, Ontario |
| Postal Code: | P4N 1C8 |
| Province/State: | Ontario |
| Legal Description: | Pcl 1763 Sec Wat Sro; Lt 504 Pl M30S Tis |
| Lot Size: | 30.00 x 108.00 (Feet) |
| Directions/Cross Streets: | Cedar St And Third Ave |
| Category: | Retail |
| Building Percentage: | Y |
| Total Area: | 3120.00 |
| Total Area Code: | Sq Ft |
| Retail Area: | 3120 |
| Retail Area Code: | Sq Ft |
| Franchise: | N |
| Days Open: | 5 |
| Sprinklers: | Y |
| Heat Type: | Gas Hot Water |
| Central Air Conditioning: | Part |
| Sewers: | San+Storm |
| Water: | Municipal |
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| HOMELIFE/MIRACLE REALTY LTD |
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Milad Akrami
Sales Representative
Dir:
647-678-7799
Bus:
647-678-7799
| Virtual Tour | Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Investment |
| Area: | Cochrane |
| Municipality: | Timmins |
| Lot Size: | 30.00 x 108.00(Feet) |
| Tax: | $6,952.44 |
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