45 Golden Avenue, Timmins (SP - Main Area), Ontario, P0N1H0
This retail property in Timmins is for sale offering roughly 3,572 sq ft of space.
No similar listings for sale right now.
$649,900
Timmins
Exceptional income-producing commercial investment opportunity! This highly efficient and versatile building offers an ideal combination of commercial and residential income streams. The property features one commercial unit and two residential units, creating excellent rental potential and strong cash-flow opportunities. The building is fully spray-foamed for superior insulation and energy efficiency and boasts an updated tin roof for added peace of mind. With lots of parking and multiple revenue-generating spaces, this is a fantastic opportunity for investors looking to add a solid, income-producing property to their portfolio. Great location, great versatility, and great rental income! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 54 days on market, against an average age of 39 days across the listings currently for sale in this city
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.
This retail in Timmins (SP - Main Area) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $649,900, about 7.2× the local median household income of $90,000.
Carrying it typically needs a household income of about $126,948 (20% down, 25-yr amortization, stress-tested) — roughly 41% above the area median.
Source: Statistics Canada, 2021 Census (FSA P0N)
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