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$529,900

Sudbury ON, P3E 4E1

MLS® # 2125390

Property Information:

Welcome to 648-650 Lilac Street, a solid and versatile duplex located in a highly desirable neighborhood close to schools, parks, grocery stores, and all essential amenities. This well-maintained property features two spacious two-bedroom units, plus a vacant in-law suite in the basement, perfect for additional income, extended family living, or future development potential. With potential to be returned to a four bedroom home, plus one bedroom in-law suite. The main floor unit offers a bright and functional layout with a large eat-in kitchen, a comfortable living room, two generously sized bedrooms, and a full bathroom. This unit also includes access to the basement, where you'll find utilities, laundry facilities and ample store space. The upper unit features a similar two-bedroom layout, filled with natural light from the many windows, creating a warm and inviting atmosphere for tenants or guests. Downstairs, the in-law suite is currently vacant and ready for its next chapter. With a bit of updating, it has the potential to become a great additional living space or income-generating rental. The home is built on a poured concrete foundation and features an updated roof (2021), offering peace of mind and long-term durability. Whether you're an investor looking to add to your portfolio or a homeowner seeking a property with income potential, 648-650 Lilac Street is a fantastic opportunity. Don't miss your chance to view this well-located, income-generating property. Call today to book your private showing. (id:27)

Building Features:

  • Style: Multiplex
  • Basement Type: Full
  • Exterior Finish: Stucco
  • Foundation Type: Poured Concrete
  • Roof Material: Asphalt shingle
  • Roof Style: Unknown
  • Heating Type: Forced air

Property Features:

  • Property Type: Multi-family
  • Amenities Nearby: Hospital, Park, Public Transit, Schools
  • Storage Type: Storage in Basement
  • Zoning: R2-3
  • Sewer: Municipal sewage system
  • Parking Type: Gravel

Courtesy of: RE/MAX CROWN REALTY (1989) INC., BROKERAGE (SUDBURY)

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 648-650 Lilac Street, Sudbury, Ontario, P3E 4E1

Demographic Information of 648-650 Lilac Street, Sudbury, Ontario, P3E 4E1

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$107,398.49

Average Number of Children

1.62

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

17.48 %

High school certificate or equivalent

25.95 %

Apprenticeship trade certificate/diploma

5.52 %

College/non-university certificate

24.31 %

University certificate (below bachelor)

0.39 %

University Degree

26.35 %

Commuter

Travel To Work

By Car

84.57 %

By Public Transit

4.03 %

By Walking

8.85 %

By Bicycle

0.0 %

By Other Methods

2.55 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

33.5 %

Houses

66.5 %

Own Vs. Rent