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354 Melvin Avenue, Greater Sudbury, Ontario, P3C 2Y2

MLS® # 2118041
Investment For Sale In Greater Sudbury, Ontario
$282,400
354 Melvin Avenue, Greater Sudbury, ON - Outdoor
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Bathroom
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Other Room
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Other Room
354 Melvin Avenue, Greater Sudbury, ON - Outdoor
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Kitchen With Double Sink
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Bathroom
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Other Room
354 Melvin Avenue, Greater Sudbury, ON - Indoor Photo Showing Other Room
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Home Insurance - TD Insurance
Get a home insurance quote online for this $282,400 property in Greater Sudbury
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Home Insurance - TD Insurance

Get a home insurance quote online for this $282,400 property in Greater Sudbury

Provided by TD Insurance
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354 Melvin Avenue, Greater Sudbury, Ontario, P3C 2Y2
$282,400

Property Information:

Welcome to 354 Melvin Ave, a centrally located duplex with incredible potential! This property features a well-maintained, tenant-occupied unit and a vacant, move-in-ready one-bedroom unit, perfect for buyers seeking supplementary income. Investors will appreciate the opportunity to rent out the vacant unit at today's market rates, maximizing cash flow. Additionally, there is potential to add a third legal unit, further increasing the net operating income. Don’t miss out on this versatile investment opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: High-Efficiency Furnace

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Playground, Public Transit, Schools, Shopping
  • Zoning: R2-3
  • Sewer: Municipal sewage system

Courtesy of: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 354 Melvin Avenue, Greater Sudbury, Ontario, P3C 2Y2

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

30 hot days expected in 2050

Projected Precipitation Risk: Moderate

14 storms expected in 2050

Projected Heat Risk: Moderate

30 hot days expected in 2050

43/100

Moderate

ClimateCheck®

Current data

This property, 354 Melvin Avenue , experiences 7 hot days per year at around 29.8 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 30 hot days at 33.1 degrees Celsius.

Projected Avg. Temperature

Past
29.8℃
2050
33.1℃

# Hot Days Per Year

Past
7
2050
30

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

14 storms expected in 2050

58/100

Moderate

ClimateCheck®

Current data

This property, 354 Melvin Avenue , experiences 11 significant 2-day storms per year, with about 294.5mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 373.1mm of precipitation per year.

Precipitation Per Storm

Past
294.5mm
2050
373.1mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 354 Melvin Avenue, Greater Sudbury, Ontario, P3C 2Y2

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$76,362.21

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.11 %

High school certificate or equivalent

30.26 %

Apprenticeship trade certificate/diploma

5.64 %

College/non-university certificate

27.39 %

University certificate (below bachelor)

0.06 %

University Degree

10.54 %

Commuter

Travel To Work

By Car

70.39 %

By Public Transit

15.37 %

By Walking

5.73 %

By Bicycle

1.19 %

By Other Methods

7.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.73 %

Houses

50.27 %

Own Vs. Rent

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