$599,900

Sudbury ON, P3E 3H1

MLS® # 2125165

Property Information:

Income Property in Sudbury’s Desirable Kingsmount/Wembley Area. Located in one of Sudbury’s most sought-after neighbourhoods, this 5-unit income property is an excellent opportunity for investors seeking long-term value in a prime rental location. Property Highlights include, 1 spacious 3-bedroom unit (currently vacant — set your own rent!), 4 well-sized 1-bedroom units, All units feature private decks overlooking the quiet rear yard — a rare and attractive amenity for tenants, Full, large unfinished basement offers additional potential (storage, laundry, or future development), Recently replaced shingles, Units are in good condition and have been well maintained, Ample rear parking for tenants and guests. This property is located in a quiet, high-demand residential area, ideal for attracting quality, long-term tenants. Whether you’re a seasoned investor or just entering the market, this is a solid investment in a strong neighbourhood. Looking for a good location and great tenants? This is it. Great retirement plan, move into one unit and have your property manager manage the rest. (id:27)

Building Features:

Style: Multiplex
Basement Type: Full
Exterior Finish: Brick, Vinyl siding
Fire Protection: Fire alarm system
Flooring Type: Hardwood, Laminate, Carpeted
Roof Material: Asphalt shingle
Roof Style: Unknown
Heating Type: Boiler

Property Features:

Property Type: Multi-family
Storage Type: Storage in Basement
Zoning: R2-3
Sewer: Municipal sewage system

Courtesy of: RE/MAX SUDBURY INC., BROKERAGE

More Detail

Less Detail

⚠ 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

Market Price Trends

Location of 329 Marion Street, Sudbury, Ontario, P3E 3H1

Lifestyle
Neighbourhood

Demographic Information of 329 Marion Street, Sudbury, Ontario, P3E 3H1

Life Stage

Young Couples

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$121,660.90

Average Number of Children

1.82

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

9.83 %

High school certificate or equivalent

24.6 %

Apprenticeship trade certificate/diploma

4.71 %

College/non-university certificate

25.1 %

University certificate (below bachelor)

1.29 %

University Degree

34.47 %

Commuter

Travel To Work

By Car

78.41 %

By Public Transit

11.36 %

By Walking

5.57 %

By Bicycle

1.26 %

By Other Methods

3.4 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

45.22 %

Houses

54.78 %

Own Vs. Rent