8 Bedrooms

4 Bathrooms

2,500 - 3,000 sqft Interior

4 Parking spaces

40 X 115 Ft Lot size

94 days ago Listed

Window Air Conditioner Radiant Heat

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About this home

Excellent Investment Opportunity in a High-Demand Rental Area.Turn-key 4-plex offering strong, stable income with four self-contained units, each featuring private entrances and separately metered hydro. Each unit has its own laundary. The building consists of:One 3-bedroom main floor unit (newly renovated) - currently vacant, previously rented for $2,400/month. Includes basement access offering ample storage space.Two 2-bedroom units - currently rented at $1,050/month and $827.35/month.One 1-bedroom unit - currently rented at $1,280/month.With a 20% down payment, this property generates positive cash flow and offers significant upside potential through future rent optimization.Well-maintained and located in a high-demand rental area with consistent tenant demand and low vacancy rates, this is an ideal opportunity for investors seeking a clean, reliable, income-producing multi-residential asset. (id:28469)

Facts & features

Property

MLS® Number: X12823652
Property Type: Multi-family
Equipment Type: Water Heater
Parking Space Total: 4
Rental Equipment Type: Water Heater

Building

Bathroom Total: 4
Bedrooms Above Ground: 8
Bedrooms Total: 8
Amenities: Separate Electricity Meters
Appliances: Dryer, Stove, Washer, Refrigerator
Basement Development: Unfinished
Basement Type: N/a (unfinished)
Cooling Type: Window Air Conditioner
Exterior Finish: Vinyl Siding
Foundation Type: Poured Concrete
Heating Fuel: Natural Gas
Heating Type: Radiant Heat
Stories Total: 2
Size Interior: 2,500 - 3,000 Sqft
Type: Fourplex
Utility Water: Municipal Water

Parking

No Garage: —

Land

Acreage: No
Sewer: Sanitary Sewer
Size Depth: 115 Ft
Size Frontage: 40 Ft
Size Irregular: 40 X 115 Ft
Size Total Text: 40 X 115 Ft

Monthly payment estimate

Home price

Down payment 20%

Interest rate (%)

Amortization

Frequency

Estimated payment — per month

Mortgage amount: —
Total interest: —

Estimate only — excludes property tax, insurance and condo fees. Rates compound semi-annually as is standard for Canadian mortgages.

Cost of ownership

Est. monthly payment: $2,874/mo
Ontario land transfer tax: $9,455 one-time

Payment assumes 20% down over 25 years. First-time buyers may get up to $4,000 back on land transfer tax.

Location

339 Queen Street, Sudbury Remote Area, Ontario P3B 2K3 · Get directions