Business For Sale · Specialty

39 BRUCE AVENUE, Timmins (SP - Main Area)

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

$299,900 total

2,340 SF

Asset Class

Specialty

Size

2,340 SF

Building class

C

Zoning

US — Urban Services

$ / SF

$128

Occupancy

95%

About this property

Established and reputable automotive repair business operating in South Porcupine. Includes equipment, hoists, compressors, and fixed assets required for ongoing operations. Strong historical performance and loyal customer base. See Brokerage Remarks for additional details (id:66811)

Financial sandbox

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Estimate
Purchase price$300K
Down payment30% · $90K
Interest rate6.25%
Amortization25 years
Occupancy95%
Expense growth2.5%

Monthly debt service

$1K

Projected NOI

$22K

Annual cash flow

$5K

Cash-on-cash

5.70%

DSCR

1.31

Going-in cap

7.25%

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
Halcyon Wealth Partners1,481 SF2032-06
Halcyon Wealth Partners494 SF2032-06
Halcyon Wealth Partners400 SF2032-06
Halcyon Wealth Partners400 SF2032-06

Area demographics

Trade area within 3 miles of the property.

Population

99,894

Households

35,787

Median income

$99,000

Median age

42.5

Daytime population

147,922

5-yr growth

1.8%

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.