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$489,900

Sudbury ON, P3B 1L5

MLS® # 2125791

Property Information:

Welcome to 2217 Mildred, a fully renovated two-unit property offering strong income potential in one of Sudbury’s most sought-after neighbourhoods. It features a spacious 3-bedroom unit and a 2-bedroom unit, both of which have been completely updated to modern standards, making it an ideal choice for investors or buyers looking to house hack with confidence. The 3-bedroom unit is currently rented for $1,947 per month, providing immediate and reliable cash flow, while the 2-bedroom unit is vacant and ready for you to set market rent right away or move into for substantial mortgage savings. Both units have undergone extensive renovations, including a full electrical overhaul with an upgraded panel, new plugs, and new fixtures throughout. Plumbing has been updated across the home as well, with the addition of a new kitchens, new bathrooms, and a new laundry setup. The staircase has been completely redesigned to improve functionality and enhance the overall aesthetic. The layout has been opened up to create the most spacious and inviting open-concept feel possible, maximizing natural light and improving tenant appeal. Additional updates include new trim and mouldings throughout the home, as well as updated windows. Parking has also been expanded to provide ample space and easier access for tenants, further strengthening the property’s rental desirability. Located in a neighbourhood known for its convenience, strong rental demand, and appeal to both homeowners and renters this property is positioned for excellent long-term appreciation. With quality renovations, existing rental income, and a vacant unit ready for market rent, this is truly a turn-key investment opportunity. Book your private showing today! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Flooring Type: Vinyl
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air
  • Cooling Type: Central air conditioning

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Playground, Public Transit, Schools
  • Road Type: Paved road
  • Storage Type: Storage Shed
  • Zoning: R1-5
  • Sewer: Municipal sewage system

Courtesy of: LAKE CITY REALTY LTD. BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 2217 Mildred Street, Sudbury, Ontario, P3B 1L5

Demographic Information of 2217 Mildred Street, Sudbury, Ontario, P3B 1L5

Life Stage

Later Years

Employment Type

Service Sector

Average Household Income

$125,999.23

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.98 %

High school certificate or equivalent

28.83 %

Apprenticeship trade certificate/diploma

7.21 %

College/non-university certificate

23.55 %

University certificate (below bachelor)

0.07 %

University Degree

14.36 %

Commuter

Travel To Work

By Car

92.01 %

By Public Transit

0.04 %

By Walking

0.66 %

By Bicycle

0.0 %

By Other Methods

7.29 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

37.52 %

Houses

62.48 %

Own Vs. Rent