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136 THIRD AVENUE, Timmins, Ontario, P4N 1C5

MLS® # X8328788
Investment For Sale In Timmins, Ontario
$720,000
136 Third Avenue, Timmins, ON - Indoor Photo Showing Living Room With Fireplace
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor
136 Third Avenue, Timmins, ON - Indoor
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Bedroom
136 Third Avenue, Timmins, ON  - Indoor Photo Showing Living Room With Fireplace
136 Third Avenue, Timmins, ON  - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON  - Indoor
136 Third Avenue, Timmins, ON  - Indoor
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Other Room
136 Third Avenue, Timmins, ON - Indoor Photo Showing Bedroom
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136 THIRD AVENUE, Timmins, Ontario, P4N 1C5
$720,000

Property Information:

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. (id:27)

Building Features:

  • Style: Multiplex
  • Building Type: Multi-Family
  • Floor Space: 4300 Square Feet
  • Heating Type: Other
  • Heating Fuel: Natural gas

Property Features:

  • Property Type: Multi-family
  • Floor Space (approx): 4300.00 Square Feet
  • Irregular: Yes
  • Lot Size: 30 x 108 FT

Courtesy of: EXP REALTY

REALTOR.ca  

Location of 136 THIRD AVENUE, Timmins, Ontario, P4N 1C5

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: Significant

25 hot days expected in 2050

Projected Storm Risk: High

14 storms expected in 2050

Projected Heat Risk: Significant

25 hot days expected in 2050

39/100

Significant

ClimateCheck®

Current data

This property, 136 THIRD 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 Storm Risk: High

14 storms expected in 2050

53/100

High

ClimateCheck®

Current data

This property, 136 THIRD 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.

Demographic Information of 136 THIRD AVENUE, Timmins, Ontario, P4N 1C5

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$103,004.14

Average Number of Children

1.72

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

28.46 %

High school certificate or equivalent

32.48 %

Apprenticeship trade certificate/diploma

5.55 %

College/non-university certificate

23.11 %

University certificate (below bachelor)

0.67 %

University Degree

9.73 %

Commuter

Travel To Work

By Car

61.25 %

By Public Transit

14.51 %

By Walking

16.76 %

By Bicycle

2.19 %

By Other Methods

5.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

54.03 %

Houses

45.97 %

Own Vs. Rent