$399,000

$449,000For salePrice drop↓ $50,000 (11%)

257 Leslie Street, Greater Sudbury (Sudbury) - Single Family for Sale

257 Leslie Street, Greater Sudbury (Sudbury), Ontario, P3B2T4

6 beds3 baths6 parking1,750 ft²50 × 110 ft (5,505 sq ft) lot sizeListed 30 days ago

Overview

This 6-bedroom, 3-bathroom home in Greater Sudbury is for sale offering roughly 1,750 sq ft of space. Listed at $399,000, it is attractively priced about 33% below the $599,990 median asking price in Greater Sudbury. It has been on the market 30 days, fresher than the Greater Sudbury average of 60 days.

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Description

Client Remks: Now tenant-occupied - excellent income-producing property! Spacious bungalow with approximately 2,000 sq. ft. of living space, situated on a large lot of over 7,000 sq. ft. with 4 parking spaces.The main floor features two separate units with 4 bedrooms in total, each with its own private entrance and sharing one kitchen. The basement offers 4 additional rooms with separate entrances and a rental permit. Total rental income is over $5,000/month.Great opportunity for investors or end users. Live in one unit and rent out the others, or continue renting the entire property for strong rental income. Tenants are friendly Chinese students and may continue their tenancy or vacate, providing flexibility for the new owner. (id:66096)

Property Details

MLS®: X13861018
Property Type: Single Family
Bedrooms: 6
Beds (above / below): 3 above · 3 below
Bathrooms: 3
Half Baths: 1
Parking: 6
Interior Size: 1,750 ft²
Lot Size: 50 × 110 ft (5,505 sq ft)
Frontage: 50 ft
Storeys: 1
Style: Bungalow
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax

Rooms

Ground level

Bedroom: 5.18 x 2.53 meters
Bedroom 2: 3.93 x 3.11 meters
Bedroom 3: 5.03 x 2.9 meters

Basement

Bedroom: 4.97 x 3.66 meters
Bedroom 2: 4.93 x 3.75 meters
Bedroom 3: 4.17 x 2.38 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Foundation: Block
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

30d

Greater Sudbury (Sudbury) listings, avg age

60d

Price / ft²

$228

List price

$399K

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.

Haho

This 6-bed single family in Greater Sudbury (Sudbury) has been listed for 30 days, which is 30 days fresher than the city average of 60. Act while there is still low competition.

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Listed by MASTER'S TRUST REALTY INC. · CHAO LING

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P3B)

This home lists at $399,000, about 6.0× the local median household income of $66,500.

Carrying it typically needs a household income of about $77,939 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income: $66,500
Population: 16,434
Median age: 40.4
Owner / renter: 49% / 51%
Avg. household size: 2.1

Source: Statistics Canada, 2021 Census (FSA P3B)

$399,000· $228/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $19,950

Min 5%50%

Mortgage payment$2,102/mo

↳ CMHC premium ($15,162 capitalized)

Property tax (est.)$423/mo

Total monthly$2,525

Cash Needed to Close

Down payment (5%)$19,950

Land transfer tax$4,460

Est. closing costs$3,697

Total cash needed$28,107

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