Property
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$589,900

Address unavailable

Sudbury, Ontario, P3C4K5

Expired

About This Property

This multi-family in Sudbury is available for your consideration. The home features a full basement.

MLS Remarks

Excellent investment opportunity in a high-demand rental area. This purpose-built 4-plex, constructed in 1994, offers strong and stable income with four self-contained units, each featuring private entrances and separate hydro meters. The building consists of one 2-bedroom unit renting for $970 per month and three 1-bedroom units renting for $835, $1,400, and $1,250 per month, plus an additional $200 per month from coin-operated laundry. The property generates a total monthly income of $4,655, providing positive cash flow with a 25% down payment. Well-maintained and located in an area with consistent tenant demand and low vacancy, this property is ideal for investors seeking a clean, reliable, and turn-key multi-residential asset. 332 Burton represents a rare opportunity to acquire a modern, income-producing building with proven financial performance (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusExpired
MLS #2126461

Interior

BasementFull

Exterior

Exterior FeaturesBrick, Vinyl siding

Listing Information

MLS#: 2126461


Information is deemed reliable but not guaranteed. Data provided by the Canadian Real Estate Association (CREA) through the Data Distribution Facility (DDF). Listing data is updated regularly but may not reflect the most current information. All information should be independently verified.

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Mortgage Calculator

$
$117,980
5%20%50%
Estimated Monthly Payment
$2,623
/month
Mortgage
$471,920
Total Interest
$315,005

For illustration purposes only. Consult a mortgage professional for accurate rates.

Land Transfer Tax

$
Ontario LTT$8,273
Total Due on Closing$8,273

Estimate based on Ontario LTT rates. Consult your lawyer for exact amounts.

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