



Estimate the monthly cashflow if you bought this home as a rental. Every figure below is an editable estimate. This is education only, not financial advice.
Enter the monthly rent you expect, or adjust our estimate.
Enter an estimated monthly rent to see the cashflow.
Estimates only, not a mortgage approval or financial advice. Rate, taxes, and allowances are assumptions you can edit above.
$399,900
Sudbury
Sudbury, Ontario, P3C3H6
This multi-family property in Sudbury is for sale. It has been on the market 35 days, fresher than the Sudbury average of 76 days.
LEGAL DUPLEX in the desirable Gatchell area of Sudbury! This well-maintained property offers an excellent opportunity for both investors and owner-occupiers looking to generate rental income while building equity. The main floor features a spacious 2-bedroom unit with comfortable living areas, while the second floor offers a bright 1-bedroom apartment with its own separate entrance. Both units have separate hydro meters, providing convenience and clear separation of utility costs. The property also offers exciting future potential, with ample basement space that could provide an opportunity to create a third unit, subject to all required approvals, permits, and zoning requirements. Zoned R2-3, this property offers flexibility and strong potential for those looking to maximize its income-producing capabilities. Ample parking adds to the property's functionality, while its convenient Gatchell location places you close to shopping, schools, restaurants, public transit, and many other amenities. Whether you're looking for a solid addition to your investment portfolio or a home where you can live in one unit and generate rental income from the other, 12 Gutcher Avenue is a property worth exploring. Don't miss this opportunity to own a versatile legal duplex with additional potential in a convenient Sudbury location! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 35 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 35 days, which is 41 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 $399,900, about 7.4× the local median household income of $54,000.
Carrying it typically needs a household income of about $78,114 (20% down, 25-yr amortization, stress-tested) — roughly 45% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3C)
Pick a time that suits you. A verified local agent confirms within 24h.
Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice