17/19 Fairview Avenue, Sudbury, Ontario P3B 2N1

Listed for:
$349,900
0 beds
0 baths
Listed 25 days ago
17/19 Fairview Avenue, Sudbury, Ontario P3B 2N1

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Learn more about this property
Listing provided by:
ROYAL LEPAGE REALTY TEAM BROKERAGE
MLS® number:
2121090
Agent:
Jedd Smith
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About

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:27476)

Property Highlights

MLS® Number
2121090
Type
Multi-family
Ownership Type
Freehold
Land Size
0-4,050 sqft

Building

Storeys
2.00
Amenities
Hospital, Public Transit, Shopping, University
Exterior Finish
Other, Stucco
Fireplace Present
No
Basement Type
Partial
Basement Features
Building Heating Type
Forced air
Heating Fuel
Building Cooling Type

Utilities

Water
Municipal water
Utility Sewer
Municipal sewage system

Location