Description

YNCU is relocating! Well maintained commercial building located in central Timmins. Approx 2,920 sq. ft. on the main level with H/C accessible ramp at front entrance and a full basement, part of which is finished for a total amount of almost 6,000 sq. ft. Great location just off Algonquin Blvd. E. (id:66096)

Property Details

MLS®: 40770573
Property Type: Retail
Zoning: EA-CG
Interior Size: 2,920 ft²
Lot Size: 3,223 sq ft
Frontage: 29 ft
Building Area: 2,920 ft²
Year Built: 1972
Storeys: 1
Basement: Full
Ownership: Freehold
Property Tax: $18,914.45/yr
Listed: 413 days ago

Features

Foundation: Block
Exterior: Brick
Lot Features: Visual exposure

Services

Water: Municipal water
Sewer: Municipal sewage system
Utilities: Natural Gas, Electricity

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

413d

Timmins listings, avg age

75d

Price / ft²

$120

List price

$350K

Homes here sell faster than most markets

Sold homes in this market spent an average of 36 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 103.6 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (P4N)

This home lists at $349,900, about 4.8× the local median household income of $73,500.

Carrying it typically needs a household income of about $68,348 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $73,500
Population: 24,098
Median age: 42.8
Owner / renter: 61% / 39%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA P4N)

$349,900· $120/ft²

For sale

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Financing

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146 CEDAR Street South, Timmins - Retail for Sale