Greater Sudbury, Ontario, P3A2Y8
This multi-family property in Greater Sudbury is for sale.
Exceptional investment package of 5 residential units in 2 buildings located in one of the best rental areas in Greater Sudbury. 2012-built Fourplex consisting of four 2-bedroom units with separate entrances, balconies, carpet free, laundry in each unit, along with separate gas, hydro, and water meters. Extremely well maintained, this building is like new and features in-floor heat and separate ductless units for air conditioning. The single family house at 1138 Mcallister is home to a long-term tenant and could be an ideal candidate for a redevelopment to a multi-unit building. This package shows excellent revenue and strong net income, and would be a great addition to your portfolio. (id:66096)




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$1,550,000
Greater Sudbury
Features and services as supplied by the listing brokerage.
Long Listed: 70 days on market, against an average age of 65 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 multi-family in Greater Sudbury is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $1,550,000, about 18.7× the local median household income of $83,000.
Carrying it typically needs a household income of about $302,769 (20% down, 25-yr amortization, stress-tested) — roughly 265% 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