For sale

7 days ago

$1.05M

Greater Sudbury, Ontario, P3C4S4

Listed by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

For sale

7 days ago

$575K

Greater Sudbury, Ontario, P3C4G5

2,750 ft²

Listed by EXP REALTY, BROKERAGE (MAIN)

2085 Madison Avenue, Greater Sudbury (Sudbury), Ontario, P3A2P7

For sale

12 days ago

$625K

2085 Madison Avenue, Greater Sudbury (Sudbury), Ontario, P3A2P7

5 bd2 ba4 pk900 ft²Lot size 56 × 230 ft (12,880 sq ft)

Listed by ONE PERCENT REALTY LTD.

For sale

14 days ago

$195K

Greater Sudbury, Ontario, P3B2N1

Listed by CENTURY 21 INTEGRITY, BROKERAGE

Investment analysis

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$599,900

Greater Sudbury

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$599,900

$649,900For salePrice drop↓ $50,000 (8%)

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Address not available, Greater Sudbury - Multi-family for Sale

Greater Sudbury, Ontario, P3B3S4

Listed 90 days ago

Overview

This multi-family property in Greater Sudbury is for sale.

Multi-Family Properties for Sale in Greater Sudbury →All real estate in Greater Sudbury →

Description

Very profitable building! This Duplex has been deemed legal non conforming and an application has been made to make the third unit a legal additional dwelling unit. Located on a quiet cul de sac in Minnow Lake featuring one 4-bedroom unit with in-suite laundry and two 2-bedroom units. This unit has separate gas and hydro. The tenant is paying $1800 plus utilities. The back section features two 2-bedroom units and both are vacant and ready for immediate occupancy. The upper unit has laundry hookups. The potential rent upstairs is $2000-2200 all inclusive and downstairs $1750-1850 all inclusive. The front shingles are brand new (2026)! Very deep and private lot. There are 2 separate gas and hydro meters with a combination of hot water heat and forced air heat with no rental equipment! Great location in walking distance to the future KED development on the Kingsway. (id:66096)

Property Details

MLS®: 2129645
Property Type: Multi-family
Zoning: R1-5
Frontage: 40 ft
Units: 3
Storeys: 1
Basement: Full
Heating: Forced air, Boiler
Garage: Gravel
Ownership: Freehold
Listed: 90 days ago

Features

Flooring: Tile, Laminate
Foundation: Block
Exterior: Vinyl

Services

Water: Municipal water
Sewer: Municipal sewage system

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

90d

Greater Sudbury listings, avg age

65d

List price

$600K

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

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Listed by RE/MAX CROWN REALTY INC. (SUDBURY) · TERRY AMES

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (P3B)

This home lists at $599,900, about 9.0× the local median household income of $66,500.

Carrying it typically needs a household income of about $117,181 (20% down, 25-yr amortization, stress-tested) — roughly 76% 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)

$599,900

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,990

Min 5.83%50%

Mortgage payment$3,132/mo

↳ CMHC premium ($22,596 capitalized)

Est. property tax$500/mo

Total monthly$3,632

Cash Needed to Close

Down payment (5.83%)$34,990

Land transfer tax$8,473

Est. closing costs$4,300

Total cash needed$47,763

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