$1,249,000

Greater Sudbury ON, P3H 1H1

MLS® # 2125177

Property Information:

This unique investment opportunity features two residential buildings on a single property; a seven plex and a fully renovated duplex. Offering a total of nine income generating units, this property is ideal for investors seeking strong rental potential and modern upgrades in a desirable location. 303 Regent is a 7 plex with six one bedroom and one three bedroom unit. 332 Douglas features two, 2 bedroom apartments, completely renovated interiors. All units in both building are self contained and well appointed offering an excellent cash flow. (id:27)

Building Features:

Style: Multiplex
Basement Type: Partial
Exterior Finish: Brick, Stucco
Fire Protection: Smoke Detectors
Flooring Type: Hardwood, Laminate, Vinyl
Foundation Type: Block, Concrete
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Boiler

Property Features:

OwnershipType: Freehold
Property Type: Multi-family
Zoning: C2
Sewer: Municipal sewage system
Parking Type: Gravel

Courtesy of: INDEPENDENT REALTY SUDBURY INC., BROKERAGE

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⚠ Potential Investment Performance

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Market Price Trends

Location of 332 Douglas Street, Greater Sudbury, Ontario, P3H 1H1

Lifestyle
Neighbourhood

Demographic Information of 332 Douglas Street, Greater Sudbury, Ontario, P3H 1H1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$91,615.05

Average Number of Children

1.57

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.34 %

High school certificate or equivalent

27.59 %

Apprenticeship trade certificate/diploma

4.96 %

College/non-university certificate

29.09 %

University certificate (below bachelor)

0.13 %

University Degree

20.89 %

Commuter

Travel To Work

By Car

78.7 %

By Public Transit

7.18 %

By Walking

8.06 %

By Bicycle

0.29 %

By Other Methods

5.77 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

47.01 %

Houses

52.99 %

Own Vs. Rent