$449,700

For saleJust listed

Address not available, Sudbury - Multi-family for Sale

Sudbury, Ontario, P3C3W8

2,250 ft²Listed Today

Overview

This multi-family property in Sudbury is for sale offering roughly 2,250 sq ft of space. It has been on the market 0 days, fresher than the Sudbury average of 76 days.

Sudbury, Ontario, P3A3V9

Listed by EXP REALTY, BROKERAGE

For saleJust listed

Today

$800K

Sudbury, Ontario, P3C3W9

Listed by EXP REALTY, BROKERAGE

For saleJust listed

5 days ago

$380K

Sudbury, Ontario, P3B2K6

Listed by JOHN E. SMITH REALTY SUDBURY LIMITED, BROKERAGE

For saleJust listed

5 days ago

$525K

Sudbury, Ontario, P3B2L1

Listed by REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

Investment analysis

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$449,700

Sudbury

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Description

Introducing 1 Whittaker street! A very unique property for investors with an 8 bedroom rooming house! This property comes with everything needed to run a rooming house, with large common areas, plenty of parking, an outdoor entertaining area, 2 separate wings to the rental property and coin operated laundry machines to add to the income stream! This property is well taken care of with weekly cleaning, you won't find a better building to house students or people who want a cheaper living option. A short walk away from the School of Architecture, a bus stop just a few meters away and off a main vein in the city, it couldn't be in a better location! call to book your viewing today! (id:66096)

Area context

Neighbourhood profile (P3C)

This home lists at $449,700, about 8.3× the local median household income of $54,000.

Carrying it typically needs a household income of about $87,842 (20% down, 25-yr amortization, stress-tested) — roughly 63% above the area median.

Median household income: $54,000
Population: 17,596
Median age: 38
Owner / renter: 35% / 65%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA P3C)

$449,700· $200/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $22,485

Min 5%50%

Mortgage payment$2,369/mo

↳ CMHC premium ($17,089 capitalized)

Est. property tax$375/mo

Total monthly$2,743

Cash Needed to Close

Down payment (5%)$22,485

Land transfer tax$5,469

Est. closing costs$3,849

Total cash needed$31,803

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

Address not available, Sudbury - Multi-family for Sale

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