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$624,900
Greater Sudbury
2085 Madison Avenue, Greater Sudbury (Sudbury), Ontario, P3A2P7
This multi-family property in Greater Sudbury is for sale offering roughly 900 sq ft of space. It has been on the market 12 days, fresher than the Greater Sudbury average of 59 days.
Welcome to 2085 Madison Avenue, located in the desirable New Sudbury neighbourhood! This beautifully renovated legal duplex offers an excellent opportunity for investors and owner-occupants alike. Featuring 3 bedrooms on the main floor and a newly finished, fully equipped legal 2-bedroom secondary suite downstairs, both units showcase modern finishes, updated interiors, and their own kitchens and bathrooms. With two separate, self-contained living spaces and a convenient rear entrance, this property offers exceptional versatility and income potential. Whether you're looking to expand your investment portfolio, generate rental income, or live in one unit while renting out the other to help offset your mortgage, this is an opportunity you won't want to miss! Basement apartment photographs were taken prior to the current tenancy. Some photographs have been virtually staged.. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 12 days on market, against an average age of 59 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 26 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 5-bed multi-family in Greater Sudbury (Sudbury) has been listed for 12 days, which is 47 days fresher than the city average of 59. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $624,900, about 7.5× the local median household income of $83,000.
Carrying it typically needs a household income of about $122,065 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3A)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice
