$1,499,000
Sudbury
Sudbury, Ontario, P3G1N4
This 5-bedroom, 4-bathroom home in Sudbury is for sale offering roughly 1,750 sq ft of space. It has been on the market 64 days, fresher than the Sudbury average of 77 days.
Rare Opportunity! 7.5-Acre Estate-Sized Property in Sudbury's South End A truly one-of-a-kind opportunity to own approximately 7.5 acres of estate-sized property in Sudbury's sought-after South End-offering privacy, space, income potential, and an incredible setting close to the city. The main building at the rear of the property features a large 30' x 60' detached three-bay garage, along with two newly constructed 2-bedroom rental units, each approximately 900 sq. ft. Both units feature their own laundry and are currently rented at $2,600/month plus heat and hydro. Each tenant also has their own detached storage building measuring approximately (14' x 15') each. The property also includes a 1-bedroom detached bungalow with its own 14' x 24' detached garage, currently rented for $2,200/ month plus heat and hydro. One of the 2-bedroom units is currently vacant and offers an excellent opportunity for an owner-occupier. This spacious unit features 2 bedrooms, a large kitchen with vaulted ceilings, granite countertops, stainless steel appliances, and a generous deck overlooking the golf course. The owner-occupied unit would also have access to one of the attached heated garage bays. The remaining two garage bays are currently rented at $1,000/month each on a month-to-month basis, providing additional income potential. With multiple residences, substantial land and garage space, existing rental income this property offers an exceptional combination of investment opportunity and lifestyle. A rare find this close to the city don't miss it! (id:66096)
Features and services as supplied by the listing brokerage.
Long Listed: 64 days on market, against an average age of 77 days across the listings currently for sale in this city
This 5-bed single family in Sudbury has been listed for 64 days, which is 13 days fresher than the city average of 77. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $1,499,000, about 11.7× the local median household income of $128,000.
Carrying it typically needs a household income of about $292,807 (20% down, 25-yr amortization, stress-tested) — roughly 129% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3G)
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Loading rates, 30-yr amortization
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Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.