Property
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+15 more
$699,000

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Sudbury, Ontario, P3C4A2

Active

About This Property

This multi-family in Sudbury is available for your consideration. The home features vinyl flooring, boiler heating, a partial basement.

MLS Remarks

An exceptional investment opportunity in Sudbury’s West End, this solid brick sixplex at 3–5 Eyre Street features 6 above-grade one-bedroom units (4 compact and 2 larger suites) delivering an annual gross income of over $75,000 with an 8.2% cap rate. The property offers stable tenancy, municipal services, natural gas heating via a hot water boiler system, and a detached garage with rental potential. Zoned R2-3 on a 64.99' x 88' lot with fire code compliance (March 2025), a fully approved safety plan, and positive cash flow projections. This property offers an attractive price per unit and significant potential to increase value through strategic improvements, making it ideal for a BRRRR investment approach. Its location provides convenient access to public transit, schools, and downtown amenities. Detailed financials are available upon request. (id:60351)

Overview

Property Typeresidential
Sub-Typemulti-family
StatusActive
MLS #2125561

Interior

HeatingBoiler
FlooringVinyl
BasementPartial

Exterior

Exterior FeaturesBrick

Listing Information

MLS#: 2125561


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

$
$139,800
5%20%50%
Estimated Monthly Payment
$3,108
/month
Mortgage
$559,200
Total Interest
$373,265

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

Land Transfer Tax

$
Ontario LTT$10,455
Total Due on Closing$10,455

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

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