$530,000

House For Sale In Sudbury Remote Area, Ontario

$530,000
  • 5

    Bedrooms

  • 3

    Baths

  • 4

    Parking Spaces

Property Information:

Terrific investment opportunity in Sudbury. Duplex in the historic Flour Mill neighborhood. Across the street from elementary school and quiet neighborhood. Cap rate of 6.97 % at list price of 569,000. Rents are all inclusive. Lower level tenant vacating April 30, so new owner can set their own rent. Solid tenants in place. Fully renovated in 2022 converting property back to original duplex layout. New front Deck, new deck off 2nd level and new stairs. Basement unit completely new from unfinished space. Shared laundry. With historic low vacancy rates, this is a terrific opportunity for investment in the north.

Upper unit rent = $1800, Main floor $1600, lower level current = $1200

Building Features:

  • Style: Duplex
  • Air Conditioning: Yes
  • Basement: Part Fin, Sep Entrance
  • Exterior: Stucco/Plaster, Vinyl Siding
  • Fireplace/Stove: No
  • Garage Type: None
  • Heat Type: Forced Air
  • Heat Source: Gas

Property Features:

  • Bedrooms: 5
  • Bathrooms: 3
  • Annual Tax Amount: $2,705
  • Approx Age: 51-99
  • Approx Square Footage: 1100-1500
  • Drive: Private
  • Family Room: No
  • Fronting On (NSEW): No
  • Lot Depth: 115 Feet
  • Lot Frontage: 40 Feet
  • Occupancy: Tenant
  • Pool: None
  • Sewers: Sewers
  • Style: 2-Storey
  • Water: Municipal
  • No. of Parking Spaces: 4

Rooms:

  • Living Main Level 0 m x 0 m Note: Picture Window, Laminate
  • Bedroom Main Level 0 m x 0 m
  • Bedroom Main Level 0 m x 0 m
  • Kitchen Main Level 0 m x 0 m
  • Kitchen Upper Level 0 m x 0 m
  • Bedroom Upper Level 0 m x 0 m
  • Bedroom Upper Level 0 m x 0 m
  • Living Upper Level 0 m x 0 m
  • Kitchen Lower Level 0 m x 0 m
  • Living Lower Level 0 m x 0 m
  • Bedroom Lower Level 0 m x 0 m
  • Laundry Lower Level 0 m x 0 m

Courtesy of: Royal LePage Signature Realty

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved