$799,000

Sudbury ON, P3C 2R2

MLS® # 2125091

Property Information:

Holy Cashflow! This triplex has three separate entrances, lots of parking and no common area to maintain. Plus ONE VACANT UNIT: The side unit 565B has been newly renovated and rent is $1,850 + hydro. Unit 565A comes with a garage, is very spacious and can easily be rented for $2,300 + hydro. Lastly, the tenant living on the 569 side rents the whole side for $1979.10 which includes 2 kitchens, a total of 5 bedrooms and two bathrooms. This unit could easily be converted to two units and increase cash flow even more. There's also no hydro for the landlord to pay, creating costs savings. This is truly a great investment! (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Flooring Type: Tile, Vinyl
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Boiler

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Zoning: R2-3
Sewer: Municipal sewage system

Courtesy of: REPIN BROKERAGE INC.

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Market Price Trends

Location of 565-569 Huron Street, Sudbury, Ontario, P3C 2R2

Lifestyle
Neighbourhood

Demographic Information of 565-569 Huron Street, Sudbury, Ontario, P3C 2R2

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$93,324.96

Average Number of Children

1.60

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.48 %

High school certificate or equivalent

39.58 %

Apprenticeship trade certificate/diploma

7.18 %

College/non-university certificate

27.31 %

University Degree

7.45 %

Commuter

Travel To Work

By Car

84.39 %

By Public Transit

8.91 %

By Walking

6.7 %

By Bicycle

0.0 %

By Other Methods

0.0 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

41.62 %

Houses

58.38 %

Own Vs. Rent