136 Third Ave, Timmins MLS Number: X8328788
Timmins, Cochrane, ON, P4N 1C5$710,000
Status: For Sale
- Property Type: Commercial (Investment)
- Property Taxes : $11476.00 (Tax Year:2023)
- Listing Courtesy : Exp Realty
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$710,000
Status: For Sale
Turnkey five-unit commercial mixed-use building within the heart of Timmins. Multiple interior offices with long-term professional tenants in the healthcare and legal space. The building also features three residential units and additional storage income! This property boasts an exceptional 8.5% cap rate bringing in over $98,640 annually, well over the 1% rule! The property was recently appraised at $765,000 with an asking price $45,000 under the appraised value! Extensive renovations completed within the last few years including the roof, windows and some mechanical system components. Investors package available upon request.
Property Type | :Commercial |
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MLS Number | :X8328788 |
Listing Type | :Sale |
Possession Date | : |
Last Updated | :15 Jul, 2024 (112 Days ago) |
Source | :TRREB |
Area | :Cochrane |
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Postal Code | : P4N 1C5 |
Price | : $710,000 |
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Property Taxes | :$11476.00 |
Tax Year | :2023 |
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Cross Street | :Third Avenue and Birch Street South |
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08 Jun, 2024
TREB #X8328788
Available
$710000.0
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