$535,000

Sudbury ON, P3B 2Z3

MLS® # 2125282

Property Information:

Impressive cap rate at 9.5%! Look no further than 490 Whissell Avenue for a renovated, cash-flowing, turn-key LEGAL triplex in the heart of the city! Enjoy owning various unit sizes - one 1-bedroom unit (rented at $1,225 plus hydro), one 2-bedroom unit (rented at $1,935 all-inclusive), and one 3-bedroom (rented at $1,950 plus hydro). Property has great tenants who pay on time and in full. Don't miss out on adding 490 Whissell Avenue to your investment portfolio! (id:27)

Building Features:

Style: Multiplex
Basement Type: Partial
Heating Type: Forced air
Cooling Type: Central air conditioning

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Storage Type: Outside Storage
Zoning: R2-3
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: EXP REALTY, BROKERAGE (MAIN)

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⚠ Potential Investment Performance

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Market Price Trends

Location of 490 Whissell Avenue, Sudbury, Ontario, P3B 2Z3

Lifestyle
Neighbourhood

Demographic Information of 490 Whissell Avenue, Sudbury, Ontario, P3B 2Z3

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