$999,000

For sale

370 Medora Street, Greater Sudbury (Sudbury), Ontario, P3E3G2

2 bd1 ba2 pk900 ft²Lot size 41 × 40 ft (1,624 sq ft)

Greater Sudbury, Ontario, P3B3J1

4 bd2 ba900 ft²

Listed by EXP REALTY, BROKERAGE (MAIN)

For saleJust listed

Yesterday

$310K

Greater Sudbury, Ontario, P3N1G2

2 bd1 ba900 ft²

Listed by SUTTON-BENCHMARK REALTY INC., BROKERAGE

16 Morin Street, Greater Sudbury (Rayside-Balfour), Ontario, P0M1L0

For saleJust listed

Yesterday

$525K

16 Morin Street, Greater Sudbury (Rayside-Balfour), Ontario, P0M1L0

4 bd2 ba4 pk1,300 ft²Lot size 50 × 100 ft (5,000 sq ft)

Listed by eXp Realty

Investment analysis

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$999,000

Greater Sudbury

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Description

Yes, you read that correctly - over 3900 feet of waterfrontage on Long Lake. That's almost 1.2 kms worth of shoreline on one Sudbury's most prestigious lakes. Along with this massive amount of frontage comes over 100 acres of Canadian Northern Sheild to pick the location for your dream home. Or maybe you're thinking this would be ideal spot for a Bed & Breakfast for your guests to enjoy their morning coffee looking out over the water. Whether you're looking for that private spot or a place for the family compound, this property is second to none. You will not find this opportunity on such high-demand lake, yet only minutes from the city, anywhere else. Let's do this. (id:66096)

Market Timing

Days on market

86d

Greater Sudbury listings, avg age

66d

Price / ft²

$2,854

List price

$999K

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.

Area context

Neighbourhood profile (P3G)

This home lists at $999,000, about 7.8× the local median household income of $128,000.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 52% above the area median.

Median household income: $128,000
Population: 4,167
Median age: 46.4
Owner / renter: 92% / 8%
Avg. household size: 2.5

Source: Statistics Canada, 2021 Census (FSA P3G)

$999,000· $2,854/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Est. property tax$833/mo

Total monthly$5,956

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$16,455

Est. closing costs$5,497

Total cash needed$96,852

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator

Address not available, Greater Sudbury - Single Family for Sale

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