1099 Gordon Avenue, Sudbury, Ontario P3A2V5

Listing courtesy of RED AND WHITE REALTY INC. BROKERAGE.

$849,999

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List Price
$849,999
MLS®
2129804
Days on Market
0
Status
ACTIVE
Type
Multifamily
Subtype
Multi-family
Lot Size Dimensions
129.08
Lot Size
129

Property Description

Whether you’re ready to unleash your inner real estate mogul or live virtually mortgage-free, this fully legal triplex is the ultimate financial shortcut! Featuring a spacious 3-bed main unit, a cozy 2-bed basement apartment, AND a slick 2-bed detached garden suite, this setup is practically printing money with a potential $7,000/month in rent and a jaw-dropping ~9% cap rate. Both the main and basement units are freshly renovated—new kitchens, new bathrooms... new everything! They sit vacant and ready for you to pick your own top-tier tenants at current market rates, while the detached garden suite (built just over two years ago) is already generating steady income at $1,900/month plus utilities. Live-in Landlords: move into the main unit and let the other two pay your entire mortgage (and your grocery bills, too!). Investors: separate hydro meters and a separate gas meter for the garden suite mean fewer utility headaches and more pure cash flow. Best of all, you’re situated in a prime Sudbury hotspot right across from the CRA office—because if there’s one place where reliable employment lives, it’s the tax office! Close to schools, shopping, and local eats, tenant demand here is built-in. Properties that cash-flow this solid don’t wait around. Grab your agent, book a tour, and let your property do the heavy lifting for once! (id:5764)

Additional Information

Ownership
Freehold
Cooling
Central air conditioning, Air exchanger
Country
Canada
Flooring
Vinyl
Sewer
Municipal sewage system
Roof
Asphalt shingle, Unknown
Heating
Forced air, In Floor Heating
Total Number Of Units
3
Lot Size
129

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Please consult a financial professional.
Calculator source: Real Geeks