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$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)

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 490 Whissell Avenue, Sudbury, Ontario, P3B 2Z3

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