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$399,900
Sudbury
Sudbury, Ontario, P3C1W2
This multi-family property in Sudbury is for sale offering roughly 1,750 sq ft of space. It has been on the market 26 days, fresher than the Sudbury average of 76 days.
Welcome to 426 Elm Street, Sudbury! This inviting legal duplex offers an excellent opportunity for both owner-occupants and savvy investors looking to expand their real estate portfolio. Featuring a two-bedroom main-floor unit and a separate two-bedroom upper unit, this property offers flexible living arrangements and excellent income potential. Separate meters add convenience for managing utilities, while numerous upgrades throughout the property provide added value and peace of mind. The interlocking driveway offers attractive curb appeal and practical off-street parking. Conveniently located along a bus route and close to shopping, schools, parks, and everyday amenities, this property makes city living easy. Looking for additional income potential? The basement offers the possibility of creating a third unit, subject to municipal approvals and applicable requirements. Whether you're looking to live in one unit while generating rental income from the other or seeking an investment property with future upside, 426 Elm Street is an opportunity you won't want to miss! (id:66096)
Features and services as supplied by the listing brokerage.
Extended: 26 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 26 days, which is 50 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)
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Loading rates, 30-yr amortization
Cash Needed to Close
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