ON
Greater Sudbury
P3E2H4
Rd
Rd, Greater Sudbury, ON P3E2H4
Share Listing
Listing Type
Multi Family
Listing Status
active
34
$499,900

Home Details for Rd

Price
$499,900
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Parking
Days on site
166
Listing #
28147347
Property Description

This home is the true definition of ""Location, Location, Location"". Surrounded by multiple schools, parks and playgrounds, with transit service basically at the front door and walking distance to the hospital, golf course and plenty of amenities, you can't beat this spot. This home offers a three-bedroom upper unit with a bright living room w gas fireplace for those winters that never seem to end and a large entry way for all those snowy boots and winter coats that we'll be wearing till July apparently. Through the separate back entrance, the basement has a nicely appointed two-bedroom unit with eat-in kitchen, plenty of storage and big foyer for the kids snowshoes and parkas after walking home from school this April. Currently the upper unit is rented for $2600 per month all-in while the lower level is rented for $1800 per month all-in. For the investor, that's grossing over $52K per year with a Cap Rate of 7.66%. For those looking to occupy, the rent would certainly help offset the mortgage or it could easily be converted back to having the entire place for the family. Put this one on the list to view asap - we all know it won't last long on the market in this area! (id:31684)

Property Features
  • Heating Information
    • Hot Water
Listing Courtesy: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE
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Market statistics compiled from data from Canadian Real Estate Association.
EXIT REALTY TRUE NORTH, BROKERAGE
1 Industrial Park, Blind River, ON P0R 1B0
Office
705 356 3948
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