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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!
City: Timmins
Neighborhood: TS - SE
Purchase Price | $3000000 |
Down Payment | $600000 |
Mortgage Insurance | $0 |
Total Mortgage | $2400000 |
Mortgage Payment | $14789 |
Property Taxes | $1930 |
Maintenance Fees | $0 |
Monthly Payment | $16720 |
Located at 11 Spruce St S , this Timmins house is available for sale. This property was listed for $3,000,000 on Thu Jul 24 2025. This house's size is < 700 Sqft. It has null bedrooms and null bathrooms. The property includes the following rooms: , , , , , , , , , , , . This property comes with 63 parking spots. 11 Spruce St S, Timmins is situated in the TS - SE neighbourhood.
MLS#: T12305129 · $3,000,000 · null bedroom house in TS - SE, Timmins