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$299,900
Sudbury
Sudbury, Ontario, P3A2S6
This 3-bedroom, 2-bathroom home in Sudbury is for sale offering roughly 900 sq ft of space. Listed at $299,900, it is attractively priced about 40% below the $499,900 median asking price in Sudbury. It has been on the market 2 days, fresher than the Sudbury average of 76 days.
129 Shelley Drive is a 3-bedroom, 2-bathroom semi-detached home in New Sudbury, a few minutes from Cambrian College in Sudbury, Ontario. It’s an affordable, practical property, whether you plan to live in it, rent it out or do both. Three bedrooms and two bathrooms make the layout flexible, and forced-air gas heating keeps it efficient and comfortable through Northern Ontario winters. It works for a first-time buyer getting into the market, and it works for an investor adding a reliable rental property to a portfolio. Being close to Cambrian College supports steady rental demand, and New Sudbury puts you near shopping, transit and everyday amenities. The neighbouring semi at 127 Shelley Drive is also for sale, with the same layout at the same price. Buy one side and live in it while the rent from the other helps carry your mortgage. You could also buy both and own two income-producing properties side by side on one street, which is rare this close to Cambrian College. Offered at $299,900, 129 Shelley Drive is a sensible place to start building equity in New 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.
Just listed: 2 days on market, against an average age of 76 days across the listings currently for sale in this city
This 3-bed single family in Sudbury has been listed for 2 days, which is 74 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 $299,900, about 3.6× the local median household income of $83,000.
Carrying it typically needs a household income of about $58,581 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA P3A)
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Loading rates, 30-yr amortization
Cash Needed to Close
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