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60 DWYER AVENUE, Timmins, Ontario, P0N 1G0

MLS® # X8014648
Commercial For Sale In Timmins, Ontario
$515,000
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
60 Dwyer Avenue, Timmins, ON
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60 DWYER AVENUE, Timmins, Ontario, P0N 1G0
$515,000

Property Information:

This property is an excellent opportunity for investors, with a fully leased, well-maintained location occupied by a AAA tenant. The double net rent of $31,000 per year, along with a long-term lease agreement that runs until April 30th, 2027, with the option to extend for the next 30 years, make it an attractive option. The property's 6% CAP rate offers an impressive return, and it is strategically located in a high-density area. As part of the lease agreement, the tenant is required to cover property taxes and maintenance fees, and there is an escalation in base rent. The roof was replaced in 2014, and the structure dates back to the 1970s, The seller is highly motivated to sell and is eager to show its gem, so don't miss out on this opportunity! (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Irregular: Yes
  • Lot Depth: 97.0 Feet
  • Lot Frontage: 62.2 Feet
  • Lot Size: 62.2 x 97.05 FT
  • Zoning: Commercial NA-CN NA-R3

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 60 DWYER AVENUE, Timmins, Ontario, P0N 1G0

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate-Low

25 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate-Low

25 hot days expected in 2050

39/100

Moderate-Low

ClimateCheck®

Current data

This property, 60 DWYER AVENUE , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 25 hot days at 33.5 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.5℃

# Hot Days Per Year

Past
7
2050
25

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

53/100

Moderate

ClimateCheck®

Current data

This property, 60 DWYER AVENUE , experiences 11 significant 2-day storms per year, with about 284.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 352.7mm of precipitation per year.

Precipitation Per Storm

Past
284.1mm
2050
352.7mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 60 DWYER AVENUE, Timmins, Ontario, P0N 1G0

Life Stage

Families with Tweens

Employment Type

Mixed

Average Household Income

$90,112.77

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.36 %

High school certificate or equivalent

35.62 %

Apprenticeship trade certificate/diploma

12.97 %

College/non-university certificate

23.58 %

University certificate (below bachelor)

0.03 %

University Degree

2.44 %

Commuter

Travel To Work

By Car

77.8 %

By Public Transit

15.04 %

By Walking

0.16 %

By Bicycle

0.0 %

By Other Methods

7.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

25.91 %

Houses

74.09 %

Own Vs. Rent

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