For Sale · Industrial

39 BRUCE AVENUE, Timmins (SP - Main Area)

39 BRUCE AVENUE, Timmins (SP - Main Area), ON P0N1H0

$499,900 total

2,340 SF

Asset Class

Industrial

Size

2,340 SF

Building class

B

Zoning

IB — Industrial Business

$ / SF

$214

Occupancy

86%

Clear height

31 ft

Loading docks

6

About this property

Freestanding industrial building located in the EA-CG, NA-R2 zoning district of South Porcupine. This versatile facility offers multiple drive in doors, service bays, office/reception area, storage, and ample on site parking. Ideal for automotive repair, contractor operations, equipment service, warehousing, or other permitted light industrial uses. Strong visibility with convenient access. A solid opportunity for owner operators or investors seeking a functional industrial asset in a proven commercial pocket of Timmins. VTB Available (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$500K
Down payment30% · $150K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$2K

Projected NOI

$20K

Annual cash flow

$-8K

Cash-on-cash

-5.08%

DSCR

0.73

Going-in cap

4.02%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Rent roll (estimated)

TenantAreaExpiry
Meridian Health Group2,015 SF2029-08

Area demographics

Trade area within 3 miles of the property.

Population

131,499

Households

46,648

Median income

$108,000

Median age

34.2

Daytime population

145,714

5-yr growth

4.5%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 39 BRUCE AVENUE, Timmins (SP - Main Area).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.