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$315,000
Sudbury
Sudbury, Ontario, P3C3Y6
This 3-bedroom, 1-bathroom home in Sudbury is for sale offering roughly 1,300 sq ft of space. Listed at $315,000, it is attractively priced about 37% below the $499,900 median asking price in Sudbury. It has been on the market 9 days, fresher than the Sudbury average of 77 days.
Welcome to 51 Stanley Street, located in Sudbury’s West End—an excellent opportunity for first-time buyers and investors looking to build equity and explore future income potential! This 3-bedroom, 1-bathroom home features convenient main-floor laundry and is currently rented for $2,253 per month, offering immediate rental income. The real opportunity lies in the possibilities this property has to offer! The lower level features a separate walkout entrance, with some preliminary work already started. Architectural plans are available for a proposed multi-unit conversion, giving buyers an exciting opportunity to explore the property's future potential. Whether you're an investor looking to expand your portfolio or a first-time buyer hoping to supplement your mortgage with the possibility of future rental income, 51 Stanley Street offers flexibility and value-add possibilities. Bring your vision and explore the potential this property has to offer! Any proposed conversion or additional dwelling units are subject to municipal approvals. Buyers are responsible for conducting their own due diligence with the City of Greater Sudbury. (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.
Active: 9 days on market, against an average age of 77 days across the listings currently for sale in this city
This 3-bed single family in Sudbury has been listed for 9 days, which is 68 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 $315,000, about 5.8× the local median household income of $54,000.
Carrying it typically needs a household income of about $61,531 (20% down, 25-yr amortization, stress-tested) — roughly 14% 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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