$485,000
Sudbury
Times shown are local to the property.
Sudbury, Ontario, P3E1R7
This 3-bedroom, 2-bathroom home in Sudbury is for sale offering roughly 900 sq ft of space. Its $485,000 asking price sits right in line with the $499,900 median in Sudbury. It has been on the market 35 days, fresher than the Sudbury average of 75 days.
What if your first home could help pay for itself? Set in one of Sudbury’s most established and central neighbourhoods, this solid brick bungalow offers a rare opportunity to own a home, enjoy an incredible location, and generate additional INCOME—all in one! Legally zoned as a DUPLEX, the property features a bright two-bedroom main-floor unit with hardwood floors, crown moulding, a large sun-drenched living room, spacious kitchen, a recently updated bathroom and cozy, efficient hot water heating. The generous living space accommodates both living and dining areas, keeping family and guests connected. Fresh paint and new light fixtures add a clean, refreshed feel. The grade-level second unit offers the feel of a bright studio apartment rather than a traditional basement space. Large windows fill the space with natural light, while the generous eat-in kitchen, spacious living/bedroom area, PRIVATE entrance, and brand-new bathroom make it an appealing RENTAL opportunity. For a first-time buyer, live comfortably in the main-floor unit and rent the lower-level studio to help offset your monthly housing costs. For INVESTORS, this is an excellent addition to a rental portfolio in a desirable location. And then there’s the yard—a standout feature. The expansive, fenced backyard offers plenty of room to relax, entertain, gather around the firepit, or let the kids and family dog enjoy the outdoors. Backing onto trails, it puts year-round outdoor adventure right outside your door; with a detached GARAGE and storage shed adding even more practicality. LOCATION is everything here. Walk or bike to Bell Park, the Ramsey Lake Boardwalk and beaches, enjoy winter skating and summer concerts and festivals, or head downtown for local restaurants, shopping and entertainment. Top-notch schools are nearby, with transit right outside the door. A solid HOME, a fantastic neighbourhood, and an opportunity to make homeownership more attainable—or build your INVESTMENT PORTFOLIO! (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 35 days on market, against an average age of 75 days across the listings currently for sale in this city
This 3-bed single family in Sudbury has been listed for 35 days, which is 40 days fresher than the city average of 75. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $485,000, about 5.7× the local median household income of $85,000.
Carrying it typically needs a household income of about $94,737 (20% down, 25-yr amortization, stress-tested) — roughly 11% above the area median.
Source: Statistics Canada, 2021 Census (FSA P3E)
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Loading rates, 30-yr amortization
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