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$3,000,000

Timmins (Ts - Se) ON, P4N 2M4

MLS® # T12305129

Property Information:

This four storey, 84-unit apartment building, also known as the Empire Complex, presents a unique opportunity for the right investor or developer. While the property has experienced fire damage in March of 2024, it has been completely stripped down by a professional remediation company. The property previously consisted of 70 one-bedroom units, 7 two-bedroom units, and 7 bachelor units. Additionally, the property includes two spacious parking lots. A signed confidentiality agreement is required to obtain any additional documentation. Seller's grant with the CDSP is to be assumed by the Buyer. This is a true real estate opportunity. Come and have a look! (id:7525)

Building Features:

  • Style: Multiplex
  • Building Type: Other
  • Basement Type: Full
  • Exterior Finish: Brick
  • Floor Space: 0 - 699 sqft
  • Foundation Type: Poured Concrete
  • Heating Type: Other
  • Cooling Type: None

Property Features:

  • Property Type: Multi-family
  • Features: Irregular lot size
  • Floor Space (approx): 0 - 699 Square Feet
  • Irregular: Yes
  • Lot Depth: 150.3 Feet
  • Lot Frontage: 110.2 Feet
  • Lot Size: 110.2 x 150.4 FT
  • Utility Type: Hydro - Available, Sewer - Installed, Cable - Available
  • Zoning: EA-CG
  • Sewer: Sanitary sewer
  • Parking Type: No Garage
  • No. of Parking Spaces: 63

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 11 SPRUCE STREET S, Timmins (TS - SE), Ontario, P4N 2M4

Demographic Information of 11 SPRUCE STREET S, Timmins (TS - SE), Ontario, P4N 2M4

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