17/19 Fairview Avenue Sudbury, Ontario P3B 2N1
$349,900
Prime Investment Opportunity – An exceptional multi-unit investment property in the heart of Sudbury, offering strong income potential and flexibility. Previously operating at a 7.5% cap rate, this property presents an opportunity for increased returns with the ability to set your own rent or owner-occupy one of the units while the others offset your mortgage. This well-maintained building features 3 separate units, each with its own private entrance for tenant convenience and privacy. The main unit offers 3 spacious bedrooms and 1 bathroom, while the upper 2-bedroom unit has been newly renovated and is currently vacant, allowing for immediate leasing or owner occupancy. A third 1 bedroom unit completes this versatile property, making it ideal for a range of investment strategies. Situated in a central location, this property is close to amenities, transit, and essential services, ensuring strong tenant demand. Don't miss this fantastic investment opportunity—schedule your showing today! (id:47351)
Property Details
| MLS® Number | 2121090 |
| Property Type | Multi-family |
| Amenities Near By | Hospital, Public Transit, Shopping, University |
| Equipment Type | Water Heater |
| Rental Equipment Type | Water Heater |
| Road Type | Paved Road |
| Storage Type | Storage In Basement |
Building
| Basement Type | Partial |
| Exterior Finish | Other, Stucco |
| Flooring Type | Vinyl, Other |
| Foundation Type | Block, Concrete |
| Heating Type | Forced Air |
| Roof Material | Asphalt Shingle,other |
| Roof Style | Unknown,unknown |
| Stories Total | 2 |
| Utility Water | Municipal Water |
Parking
| Parking Space(s) |
Land
| Acreage | No |
| Land Amenities | Hospital, Public Transit, Shopping, University |
| Sewer | Municipal Sewage System |
| Size Total Text | 0-4,050 Sqft |
| Zoning Description | R2-3 |
https://www.realtor.ca/real-estate/28018551/1719-fairview-avenue-sudbury
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March 13 2025 02:44:35
Sudbury Real Estate Board
Royal LePage Realty Team Brokerage