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$575,000

Sudbury ON, P3B 2L1

MLS® # 2125216

Property Information:

Exceptional investment opportunity! This unique property at 422 King / 499 Percy features both a single-family home and a high-performing triplex — all on one lot. With an impressive 12.23% capitalization rate, this is a true money-maker for investors seeking strong cash flow. Alternatively, live in the 1-bedroom single-family home and let the very high net operating income from the triplex pay down your mortgage. A rare chance to combine comfortable living with an outstanding income property — don’t miss out on this exceptional opportunity! (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Vinyl siding
  • Flooring Type: Laminate
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: High-Efficiency Furnace

Property Features:

  • OwnershipType: Freehold
  • Property Type: Multi-family
  • Access Type: Year-round access
  • Amenities Nearby: Playground, Public Transit, Schools, Shopping
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Gravel, Paved Yard

Courtesy of: REALTY EXECUTIVES OF SUDBURY LTD, BROKERAGE

REALTOR.ca  

Potential Investment Performance

There is not enough data on this property to provide a potential investment performance at this time, please click the button below for an in-person valuation

Location of 422 King St 499 Percy Ave, Sudbury, Ontario, P3B 2L1

Demographic Information of 422 King St 499 Percy Ave, Sudbury, Ontario, P3B 2L1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$89,226.23

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

25.58 %

High school certificate or equivalent

29.4 %

Apprenticeship trade certificate/diploma

5.15 %

College/non-university certificate

23.89 %

University certificate (below bachelor)

0.64 %

University Degree

15.33 %

Commuter

Travel To Work

By Car

67.24 %

By Public Transit

23.11 %

By Walking

2.28 %

By Bicycle

0.15 %

By Other Methods

7.22 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

56.65 %

Houses

43.35 %

Own Vs. Rent