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$ 349,900
Est. payment /mo
Active
17/19 Fairview Avenue Sudbury, ON P3B2N1
6 Beds
3 Baths
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Freehold
Listing Status Active
Purchase Type For Sale
MLS® Listing ID 2121089
Style 2 Level
Bedrooms 6
Originating Board Sudbury Real Estate Board
Property Sub-Type Freehold
Property Description
Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Currently operating at an approximate 8.8% cap rate, this well-maintained property provides excellent returns with stable rental income. It features three separate units, each with its own private entrance for tenant convenience and privacy. The main unit is a spacious 3-bedroom, 1-bathroom, rented at $1,640.03/month; the upper 2-bedroom unit, newly renovated, is rented at $1,300/month; and the upper 1-bedroom unit is rented at $755.98/month. This versatile property allows for multiple investment strategies, whether you continue as a fully leased income property or choose to owner-occupy in the future while tenants offset your mortgage. Centrally located, it is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air
Flooring Vinyl, Other
Exterior
Parking Features No
Community Features Bus Route
View Y/N No
Roof Type Unknown,Unknown
Private Pool No
Building
Story 2
Sewer Municipal sewage system
Architectural Style 2 Level
Others
Ownership Freehold
Listed by ROYAL LEPAGE REALTY TEAM BROKERAGE