$450,000
Sudbury
Sudbury, Ontario, P3C1V3
This multi-family property in Sudbury is for sale. It has been on the market 64 days, fresher than the Sudbury average of 76 days.
This century building in the heart of the city, a high visibility location, offers mixed uses of commercial space in the main unit and residential on the second and third levels. Loaded with original character, the building also boasts modern updates throughout. Heating for each unit is provided by a gas fireplace on every floor, which offers ample efficient heating. Unit 1 is commercial space of approximately 1,480 sq feet encompassing the main floor and basement. Refinished original strip hardwood flooring. Dramatic tall ceilings. Spacious entry with new tile floor. Two offices boast French doors, and glass partitions between rooms provide a bright and open atmosphere. The main reception area has a new gas fireplace and extra tall windows offer a dramatic effect. The kitchen is updated with new cabinetry and tile floor. The basement is freshly updated featuring some exposed brick, gas fireplace, pot lighting, offering 2 offices, a three-piece bathroom and utility/storage room. The rear exit for this unit leads to a small fenced-in courtyard. Unit 2 is residential and approximately 1,450 sq feet encompassing 2 floors. Offering 3 bedrooms, and additional space provides the possibility of more bedrooms. There are 2 bathrooms, 2 living rooms and 2 kitchen areas. Newly updated throughout, with exposed brick and hardwood floors. A back door on each floor leads to fire-escape landings and stairs. Updates and Additional Features: Water and sewer lines to the road have been replaced. All windows have been updated. Shingles about 10 years. Updated electrical 200 amp service. A superb central location surrounded by many mixed use buildings occupied by both residential and commercial including several legal services, aesthetics and wellness, etc. Steps away from courthouse. Walking distance to School of Architecture, downtown shopping, dining and entertainment. This wonderful downtown complex, loaded with character, offers a unique opportunity to live – work – invest. (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 76 days across the listings currently for sale in this city
This multi-family in Sudbury has been listed for 64 days, which is 12 days fresher than the city average of 76. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $450,000, about 8.3× the local median household income of $54,000.
Carrying it typically needs a household income of about $87,901 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3C)
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Loading rates, 30-yr amortization
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