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Last Updated : 508 Days ago
136 Third Ave, Timmins, Ontario,

136 Third Ave, Timmins MLS Number: X8328788

Timmins, Cochrane, ON, P4N 1C5

$710,000

Status: OFF MARKET

  • Property Type: Commercial (Investment)
  • Property Taxes : $11476.00 (Tax Year:2023)
  • Listing Courtesy : Exp Realty

136 Third Ave Property Description

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.

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136 Third Ave Property Facts

Property Type :Commercial
MLS Number :X8328788
Listing Type :Sale
Possession Date :
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Last Updated :15 Jul, 2024 (508 Days ago)
Source :TRREB
Area :Cochrane
Postal Code : P4N 1C5
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136 Third Ave Property Price & Tax Insights

Price : $710,000
Property Taxes :$11476.00
Tax Year :2023

136 Third Ave, Timmins Property Details

Cross Street :Third Avenue and Birch Street South

136 Third Ave, Timmins - Price History

2024-06

08 Jun, 2024

TREB #X8328788

Available

$710000.0

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