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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
2 Bath Commercial Property in Timmins
About 56 Second Avenue
This Building is currently being leased for $2700 plus heat and hydro and has signed a 3 year lease on January 1, 2026!Turnkey Restaurant Opportunity in Prime Location This fully equipped restaurant is ready for business! Situated in a bustling area near popular bars and hotels, this location offers excellent foot traffic and a built-in customer base. Key Features: Fully Furnished: Includes tables, chairs, and all necessary furnishings. Complete Kitchen Setup: Cooking equipment, refrigerators, and more are included, saving you time and investment. Convenient Prep Area: Dedicated preparation space located in the basement for efficient workflow. Perfect for an experienced restaurateur or an entrepreneur looking to enter the hospitality industry, this property is an exceptional opportunity to establish or expand your brand. **EXTRAS** Mpac 411, Yearly gas $2500, Hydro yearly $2400, Water and Sewer $1730
Timmins retail priced at $219,900 — book a tour to see if it fits your search.
Inside 56 Second Ave
Every detail from the listing, in one place.
Type
Retail
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Commercial Retail
56 Second Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® T13724506$219,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 56 Second Ave Compares to the Timmins Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market38Homes sold in about 38 days on average.
Sale-to-list ratio104.4%On average, homes sold at or above asking.
Active listings116Homes for sale here right now.
Median vs prior 90 days+5.3%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 256 sales from Jul 25 – Oct 23, 2026 (169 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 56 Second Ave
How much is 56 Second Ave listed for?
56 Second Ave is listed at $219,900 (MLS® T13724506). Summitly updates the price as soon as the MLS® record changes.
Has the price of 56 Second Ave changed?
No — 56 Second Ave is still listed at its original asking price of $219,900.
How many bedrooms and bathrooms does 56 Second Ave have?
56 Second Ave has 2 bathrooms. It is a commercial property in Timmins.
How does 56 Second Ave compare with other homes in Timmins?
Its asking price of $219,900 is about 37% below the median sold price in Timmins over the last 90 days, $347,450, across 256 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 56 Second Ave been sold before?
Summitly has no earlier MLS® sale or lease of 56 Second Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 56 Second Ave?
56 Second Ave is in Timmins, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 56 Second Ave been on the market?
57 days — 56 Second Ave was listed on August 27, 2026.
What is the land transfer tax on 56 Second Ave?
About $1,924 in Ontario land transfer tax at the asking price of $219,900. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 56 Second Ave or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 56 Second Ave?
The listing for 56 Second Ave doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Timmins.
When was 56 Second Ave built?
The listing for 56 Second Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.