$250,000

Sudbury ON, P3C 4X7

MLS® # 2125524

Property Information:

Welcome to 507 Melvin, a solidly built duplex featuring two spacious 2-bedroom units in a central location just minutes from downtown. This property offers the perfect combination of affordability, convenience, and potential—ideal for those looking to break into the housing market or expand their investment portfolio. Each unit is bright and functional, with well-proportioned rooms and practical layouts that tenants and owners alike will appreciate. The central location means easy access to shopping, transit, schools, and parks, making it an attractive option for renters and homeowners. Whether you choose to live in one unit and rent the other to offset your mortgage, or rent out both for steady income, this property is a smart move in today’s market. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Heating Type: Forced air

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Zoning: R2-2
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: EXP REALTY, BROKERAGE

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⚠ Potential Investment Performance

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Market Price Trends

Location of 507 Melvin Avenue, Sudbury, Ontario, P3C 4X7

Lifestyle
Neighbourhood

Demographic Information of 507 Melvin Avenue, Sudbury, Ontario, P3C 4X7

Life Stage

Young Couples

Employment Type

Service Sector/White Collar

Average Household Income

$76,362.21

Average Number of Children

1.55

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

26.11 %

High school certificate or equivalent

30.26 %

Apprenticeship trade certificate/diploma

5.64 %

College/non-university certificate

27.39 %

University certificate (below bachelor)

0.06 %

University Degree

10.54 %

Commuter

Travel To Work

By Car

70.39 %

By Public Transit

15.37 %

By Walking

5.73 %

By Bicycle

1.19 %

By Other Methods

7.32 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

49.73 %

Houses

50.27 %

Own Vs. Rent