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$425,000

For sale

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Address not available, Sudbury - Single Family for Sale

Sudbury, Ontario, P3A4C7

3 beds1 bath ft²

Sudbury, Ontario, P3B1C2

4 bd2 ba1,300 ft²

Listed by LAKE CITY REALTY LTD. BROKERAGE

For saleJust listed

Today

$339K

Sudbury, Ontario, P3L1H3

3 bd1 ba900 ft²

Listed by LAKE CITY REALTY LTD. BROKERAGE

For saleJust listed

Today

$425K

Sudbury, Ontario, P3C1K9

3 bd2 ba900 ft²

Listed by EXP REALTY, BROKERAGE (MAIN)

For saleJust listed

Today

$425K

Sudbury, Ontario, P3E3V7

2 bd1 ba1,300 ft²

Listed by ROYAL LEPAGE NORTH HERITAGE REALTY, BROKERAGE

Investment analysis

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$425,000

Sudbury

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Overview

This 3-bedroom, 1-bathroom home in Sudbury is for sale offering roughly 900 sq ft of space. Listed at $425,000, it is attractively priced about 15% below the $499,900 median asking price in Sudbury. It has been on the market 11 days, fresher than the Sudbury average of 75 days.

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Description

Welcome to central New Sudbury! This place has been renovated making it the perfect first time home buyers home. Featuring 2+1 bedrooms and 1 bathroom, this home offers updated living spaces while just being minutes to college boreal, Timberwolf golf course, walk in clinics and the new sudbury shopping centre. Outside, the large yard provides plenty of room to garden, play, or relax, while generous parking makes hosting friends and family easy. Whether you’re purchasing your first home or simply looking for a change, this property brings together the appeal of a renovated interior, great outdoor space, and a convenient location in the heart of New Sudbury. (id:66096)

Rooms

Lower level

Bedroom: 4.6 x 11.10
Recreational, Games room: 25.6 x 11.2

Main level

Kitchen: 7.10 x 10.8
Dining room: 7.1 x 14.1
Bathroom: 5 x 7
Primary Bedroom: 9.2 x 13.9
Bedroom: 7.3 x 11.3
Living room: 10 x 16.8

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Area context

Neighbourhood profile (P3A)

This home lists at $425,000, about 5.1× the local median household income of $83,000.

Carrying it typically needs a household income of about $83,017 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $83,000
Population: 24,326
Median age: 45.2
Owner / renter: 63% / 37%
Avg. household size: 2.3

Source: Statistics Canada, 2021 Census (FSA P3A)

$425,000· $472/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,250

Min 5%50%

Mortgage payment$2,238/mo

↳ CMHC premium ($16,150 capitalized)

Est. property tax$354/mo

Total monthly$2,593

Cash Needed to Close

Down payment (5%)$21,250

Land transfer tax$4,975

Est. closing costs$3,775

Total cash needed$30,000

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Open house

Address not available, Sudbury - Single Family for Sale

Rental cashflow calculator

Description

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Neighbourhood profile (P3A)

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